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Is Western Digital Corporation(NASDAQ: WDC), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Western Digital Corporation (NASDAQ: WDC) has been on the stock market since its IPO date on the 1/2/1987. Western Digital Corporation is in the Data Storage Devices industry and Technology sector. Average volume for Western Digital Corporation, is 5112.82, and so far today it has a volume of 3007600. Performance year to date since the 1/2/1987 is -21.16%.

To help you determine whether Western Digital Corporation is undervalued the following values will help you decide. P/E is 36.97 and forward P/E is 7.39. PEG perhaps more useful shows that Western Digital Corporation has a value for PEG of 41.07. P/S ratio is 0.82 and the P/B ratio is 1.08. The P/Cash and P/Free cash flow is 1.27 and 11.42 respectively.

At the current price Western Digital Corporation is trading at, 46.32 (-0.75% today), Western Digital Corporation has a dividend yield of 4.32%, and this is covered by a payout ratio of 156.30%. Earnings per share (EPS) is 1.25, and this is looking to grow in the next year to 47.23% after growing -82.80% this past year. EPS growth quarter over quarter is -243.00%, and 9.50% for sales growth quarter over quarter.

The number of shares outstanding is 230.56, and the number of shares float is 226.2. The senior management bring insider ownership to 0.20%, and institutional ownership is at 77.10%. The float short is 8.01%, with the short ratio at a value of 3.55. Management has seen a return on assets of 1.30%, and also a return on investment of 2.00%.

The ability for Western Digital Corporation, to deal with debt, means it current ratio is 1.8, and quick ratio is 1.5. Long term debt/equity is 1.22 and total debt/equity is 1.52. In terms of margins, Western Digital Corporation has a gross margin of 26.40%, with its operating margin at 3.70%, and Western Digital Corporation has a profit margin of 2.00%.

The 52 week high is -44.74%, with 33.90% being its 52 week low. The 20 day simple moving average is -2.78% and the 200 day simple moving average is -3.07%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Mark Hines

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