After moving 0.9% during today's afternoon session, Western Digital is now trading at a price of $44.02 per share. On average, analysts give it a target price of $46.53.
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally.
Western Digital Investors Should Consider This:
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Western Digital has moved 24.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 0.4. A number between 0 and 1 could mean that the market is undervaluing Western Digital's estimated growth potential
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Its Price to Book (P/B) ratio is 1.31
Understanding Western Digital's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-08-25 | 18,793,000 | -3,440,000 | 13 | 85.71 |
| 2021-08-27 | 16,922,000 | -3,348,000 | 7 | 250.0 |
| 2020-08-28 | 16,736,000 | -3,414,000 | 2 | 0.0 |
| 2019-08-27 | 16,569,000 | -3,499,000 | 2 | -89.47 |
| 2018-08-24 | 20,647,000 | -3,873,000 | 19 | 72.73 |
| 2017-08-29 | 19,093,000 | -3,886,000 | 11 |
Over the last 6 years, Western Digital's operating margins have averaged 9.0%, which is similar to the 9.74% Electronics & Computer Distribution industry average. We also note that the company's operating margins have a high coefficient of variability at 74.0%. The firm's margins exhibit a relatively stable growth trend of 2.8%.
