In today’s recent session, 2.87 million shares of the Western Digital Corp (NASDAQ:WDC) have been traded, and its beta is 1.50. Most recently the company’s share price was $59.48, and it changed around $2.07 or 3.61% from the last close, which brings the market valuation of the company to $20.75B. WDC at last check was trading at a discount to its 52-week high of $61.62, offering almost -3.6% off that amount. The share price’s 52-week low was $28.83, which indicates that the recent value has risen by an impressive 51.53% since then.

Western Digital Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.46. If we narrow it down even further, the data shows that 0 out of 26 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 5 recommended WDC as a Hold, whereas 15 deemed it a Buy, and 1 rated it as Underweight.

Western Digital Corp (NASDAQ:WDC) trade information

Instantly WDC has been showing a green trend so far today with a performance of 3.61% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 60.59 on recent trading dayincreased the stock’s daily price by 1.83%. The company’s shares are currently up 32.01% year-to-date, but still up 6.31% over the last five days. On the other hand, Western Digital Corp (NASDAQ:WDC) is 18.98% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $65, which translates to bulls needing to increase their stock price by 8.49% from its current value. Analyst projections state that WDC is forecast to be at a low of $50 and a high of $82.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.24%.

WDC Dividends

Western Digital Corp’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 0.17 percent and its annual dividend per share was 0.10. It is important to note, however, that the 0.17% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

BLACKROCK INC., with 8.434% or 28.09 million shares worth $2.13 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.