Western Digital Corp. (WDC) to Release Quarterly Earnings on Wednesday
Western Digital Corp. (NYSE:WDC) is scheduled to issue its Q314 quarterly earnings data on Wednesday, April 30th. Analysts expect the company to announce earnings of $1.87 per share and revenue of $3.73 billion for the quarter.
Shares of Western Digital Corp. (NYSE:WDC) opened at 87.53 on Tuesday. Western Digital Corp. has a 52-week low of $54.09 and a 52-week high of $95.00. The stock has a 50-day moving average of $88.98 and a 200-day moving average of $82.39. The company has a market cap of $20.680 billion and a P/E ratio of 20.30.
WDC has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Western Digital Corp. from an “outperform” rating to a “neutral” rating in a research note on Friday, February 28th. They now have a $93.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $95.56.
Western Digital Corporation (NYSE:WDC) is a provider of solutions for the collection, storage, management, protection and use of digital content, including audio and video.
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