|Bid||81.00 x 100|
|Ask||89.10 x 100|
|Day's range||86.50 - 89.32|
|52-week range||71.38 - 95.77|
|PE ratio (TTM)||69.48|
|Earnings date||25 Apr 2018 - 30 Apr 2018|
|Forward dividend & yield||2.00 (2.40%)|
|1y target est||113.26|
Storage-drive makers Western Digital (WDC) and Seagate Technology (STX) are gaining on Friday, although Stifel's Kevin Cassidy says only one is a buy. Cassidy resumed coverage on both stocks today, with a Buy rating and $105 price target on Western Digital and a Hold rating and $49 target on Seagate. Cassidy highlights the company's vertically integrated supply in the NAND Flash market, which will benefit from the transition from HDDs to solid state drives (SSDs).
Shares of Western Digital Corp. are up 3.9% in Friday morning trading after analysts at Stifel resumed coverage with a buy rating and took an upbeat view on the role of hard disk drives going forward. ...
We have revised our long-term price estimate for Western Digital to $83 from just over $75 previously. Our new price estimate is about in line with the current market price
Apple Inc. may start buying NAND flash memory chips from a state-backed Chinese company, according to the Nikkei Asian Review, which wrote Wednesday that the two companies had been in talks. Were Apple ...
Western Digital Corporation today announced that it has closed its previously announced concurrent offerings of $2.3 billion aggregate principal amount of 4.750% senior notes due 2026 and $1.0 billion aggregate principal amount of 1.50% convertible senior notes due 2024 .
Western Digital Corporation announced today the early results of the previously announced cash tender offer and consent solicitation with respect to any and all of its outstanding 10.500% Senior Notes due 2024 .
Shares of storage company Western Digital (WDC) have fallen 7% in the last two trading days to close at $81.45. Of the 30 analysts tracking WDC, 20 have recommended “buys” on the stock, while ten have recommended “holds” on the stock. No analysts have recommended “sells.” The average 12-month target price for WDC is $113.58 with a median target of $115, indicating that the company is trading at a discount of 41% to analysts’ median estimate.
Western Digital Corporation today announced that it has priced its concurrent offerings of $2.3 billion aggregate principal amount of senior unsecured notes due 2026 and $1.0 billion aggregate principal amount of convertible senior notes due 2024 .
Zacks.com highlights: Western Digital, Citizens Financial Group, Dean Foods and Vishay Intertechnology
Western Digital Corporation today announced that it is commencing a cash tender offer with respect to any and all of its outstanding 10.500% senior unsecured notes due 2024 .
Western Digital Corporation today announced concurrent proposed offerings of $2.3 billion aggregate principal amount of senior notes due 2026 and $1.0 billion aggregate principal amount of convertible senior notes due 2024 , in each case subject to market and other conditions as further described below.
Most executives charged to integrate three multi-billion dollar companies at once would think of it as a headache. To Western Digital's CIO Steve Phillpott it was an opportunity. Since change would impact two-thirds of employees, why not invest in best-of-breed solutions wherever possible.
Western Digital announced its fiscal second quarter 2018 earnings on January 25, reporting a 9% annual increase in net revenue to $5.3 billion. Revenue and gross margin were slightly higher than the guidance given by the company at the end of the September quarter.