|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||85.27 - 86.64|
|52-week range||52.10 - 95.77|
|PE ratio (TTM)||64.54|
|Earnings date||24 Oct 2017 - 30 Oct 2017|
|Dividend & yield||2.00 (2.22%)|
|1y target est||117.84|
The hard drive maker suffers a big setback as Toshiba sells its memory chip business to a rival consortium.
Barclays hardware analyst Mark Moskowitz today writes that Western Digital (WDC) may be the best bet as sales of so-called “White Box” server computers take more and more share in the overall server market, which makes things tougher for brand names such as Hewlett Packard Enterprise (HPE). Moskowitz cites revised data on the server market from research firm IDC that has caused him to raise his own estimates for server industry revenue. Thing is, he’s mostly raising his estimates for Linux sales, much of it provided by so-called original design manufacturers, or ODMs, the off-brand suppliers that produce a large volume of the world’s computing hardware.
See which stocks are posting big moves after the bell.