79.75 +0.23 (0.29%)
Pre-Market: 8:00AM EDT
|Bid||79.01 x 1000|
|Ask||80.00 x 900|
|Day's Range||78.78 - 80.06|
|52 Week Range||75.96 - 106.96|
|PE Ratio (TTM)||118.69|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||2.00 (2.51%)|
|1y Target Est||115.81|
Western Digital Corp. today announced that the company plans to release its financial results for the fourth fiscal quarter ended June 29, 2018, after the close of the market on Thursday, July 26, 2018.
Tech companies are seeing little impact so far from the U.S.-China trade war as the U.S. on Friday imposed the first round of tariffs on Chinese goods.
Western Digital (WDC) stock generated returns of -1.5% in the first half of 2018. WDC beat earnings estimates in the fiscal third quarter1 by 10.0% and by 4.2% in the fiscal second quarter. WDC stock has declined ~9.0% after its fiscal third-quarter results, which noted that the company’s guidance for fiscal 2018 wasn’t in line with analysts’ and investors’ expectations.
The personal-computer market may decline this year by 4% to 5%, but it’s still looking better than recent data would suggest, according to a note today from BlueFin Research Partners analysts John Donovan and Paul Peterson. Donovan and Peterson, without citing data, write that shipments of personal computers in June totaled 22.2 million, about 1 million more than the analysts had forecast at the beginning of June. The authors like both Western and Seagate, but prefer the former: While the PC segment has been plagued by relatively anemic demand, HDD suppliers Western Digital (WDC) and Seagate (STX) remain our favorites due to strength outside of the PC space.
Western Digital (WDC) expands data center solutions portfolio with new object storage system, storage server platform and new IntelliFlash N-Series systems to support the data-centric environment.
Further extending its value, innovation and reach into the data center market, Western Digital Corporation (WDC) today announced new additions to its data center solutions portfolio, giving customers the flexibility to design modern infrastructures and extract greater value from data. The new solutions include the ActiveScale™ 5.3 object storage system, extensions to the IntelliFlash™ N Series family of all-flash arrays, and the new Ultrastar® Serv60+8 hybrid storage server platform. This broad portfolio provides the building blocks to rapidly deploy data center solutions for better performance, efficiency and TCO while opening up opportunities to capture, preserve, access and transform data in ways that were not previously possible.
Micron Technology (MU) is in the midst of the data economy as it supplies memory and storage chips to process and store data. While DRAM (dynamic random-access memory) is used to process data, NAND (negative AND) is used to store data.
LONDON, UK / ACCESSWIRE / June 26, 2018 / Active-Investors has a free review on Western Digital Corp. (NASDAQ: WDC) following the Company's announcement that it will begin trading ex-dividend on June 28, 2018. Active-Investors has initiated due-diligence on this dividend stock. If your portfolio includes dividend stocks, you have come to the right place for timely information.
If the current decline in the Shanghai index resumes, sending stocks below the bear market threshold, it will be the first time since a major rout in 2015.
On the 16 July 2018, Western Digital Corporation (NASDAQ:WDC) will be paying shareholders an upcoming dividend amount of US$0.50 per share. However, investors must have bought the company’s stock beforeRead More...
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between Western Digital Corporation (NASDAQ:WDC)’s fundamentalsRead More...
Shopify (SHOP) continues to launch a number of merchant-friendly applications to meet the requirements of a dynamic retail environment, consequently adding to merchant base.
Western Digital (WDC) stock has returned -8% in the last 12 months, -5.3% in the last month, and -3.3% in the last five days. It rose 17% in 2016 and 20% in 2017. Since the start of 2018, WDC stock has risen ~1%. Comparatively, the S&P 500 ETF (SPY) and the Invesco QQQ Trust ETF (QQQ) have generated returns of 2% and 9.4%, respectively, in 2018.
We’ve already looked at Western Digital’s (WDC) broad portfolio of products, its total available market, and its outlook for the global storage market. It has a deep management expertise from an operational standpoint. It also has leveraged capabilities from its acquisitions of HGST and SanDisk.
We’ve seen how storage companies, including Western Digital (WDC), NetApp (NTAP), Seagate Technology (STX), and International Business Machines (IBM), are likely to benefit from worldwide growth in data creation over the next few years. WDC is optimistic about its technology leadership in storage and extensive IP (intellectual property) portfolio to take advantage of that market.
Western Digital (WDC) expects data creation to grow from 2 ZB (zettabytes) in 2010 to 160 ZB in 2025. Hyperscale players use WDC’s storage infrastructure to derive insights with predictive modeling and machine learning technologies.