Large-cap technology company Western Digital has moved -3.6% this afternoon, reaching $44.09 per share. In contrast, the average analyst target price for the stock is $47.84.
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. The company is based in the United States.
Make Sure to Consider the Following Before Buying Western Digital:
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Western Digital has moved 31.0% over the last year.
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WDC has a forward P/E ratio of 12.4 based on its EPS guidance of 3.56.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 23.5%.
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The company has a price to earnings growth (PEG) ratio of 0.42.
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Its Price to Book (P/B) ratio is 1.31
Western Digital Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-08-25 | 1,880,000 | -1,107,000 | 2,987,000 | 2.96 |
| 2021-08-27 | 1,898,000 | -1,003,000 | 2,901,000 | 97.21 |
| 2020-08-28 | 824,000 | -647,000 | 1,471,000 | -36.15 |
| 2019-08-27 | 1,547,000 | -757,000 | 2,304,000 | -54.05 |
| 2018-08-24 | 4,205,000 | -809,000 | 5,014,000 | 25.54 |
| 2017-08-29 | 3,437,000 | -557,000 | 3,994,000 |
Western Digital's free cash flows have a decent average of $3.11 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 21105826957.4%. The compounded average growth rate over this period is 0.0%.
