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A look at a High Market Cap Stock: Western Digital Corporation, WDC

Western Digital Corporation, WDC is in the exchange NASDAQ and its industry is Data Storage Devices in the sector of Technology. Based in USA, Western Digital Corporation, WDC  has a market cap of 15317.29. Since its IPO date on the 1/2/1987, Western Digital Corporation, WDC performance year to date is -11.51%. Today Western Digital Corporation, WDC has gained 0.69%, with a current price of 52.35.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 89.90%. The management of the company have seen the company have a payout ratio of 164.30%. Return of assets are at 1.20%, with return on investment at 2.00%.

In terms of debt levels and profit levels, Western Digital Corporation, WDC is seeing a long-term debt/equity of 1.23. While Total debt/equity is 1.52. With a profit margin of 1.90%, this is combined with a gross margin of 26.40%, and operating margin of 3.60%. Western Digital Corporation ability to meet debt levels, with a current ratio of 1.8, while the quick ratio is 1.5.

For the last year Western Digital Corporation, WDC has seen a EPS growth of -83.80%. A performance for the year of -33.16%. The 52-week high is -37.55%, and the 52-week low is 51.33%. The average volume for Western Digital Corporation, WDC is 182361.

With a target price of 61.67, can Western Digital Corporation, WDC reach this target? Looking at the value indicators of Western Digital Corporation, WDC. Western Digital Corporation has a P/E of 43.54 and a forward P/E of 8.1. Perhaps the more useful indicator than P/E, is PEG which has a value of 48.38. Western Digital Corporation also has a P/S and a P/B of 1.18 and 1.21 respectively. For P/cash, Western Digital Corporation has a value of 1.83, while it is 16.38 for P/free cash flow.

At the current price of 52.35, Western Digital Corporation has a dividend yield of 3.85%. We see a return on equity of 2.40%.

Looking more long-term Western Digital Corporation, is projected to get an EPS growth for the next five years of 0.90%. In the short-term an EPS growth of 42.18% in the next year is forecasted. This is after a EPS growth of -83.80% for this year and for the last five years a -20.20% growth has been seen.

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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