Western Digital Corporation (NASDAQ:WDC) Undervalued by 29.5%

The stock increased 1.10% or $0.65 during the last trading session, reaching $59.87. The company's stock had a trading volume of 7,160,100 shares, compared to its average volume of 4,169,453. The Profit Margin for Western Digital Corporation NASDAQ WDC is now valued at 7.40% with a weekly performance figure of 0.18%.

Shares of Western Digital Corporation (NASDAQ:WDC) opened at $81.62 on Monday. The shares were sold at an average price of $90.63, for a total value of $181,260.00. Zions Bancorporation (ZION) has risen 48.85% since December 17, 2016 and is uptrending. It has outperformed by 7.70% the S&P500. We have $23.88 PT which if reached, will make NYSE:MSB worth $23.58 million less. Western Digital Corporation (WDC) now has 295790 shares outstanding, which means that its market capitalization is $24.39B. Los Angeles Capital Management & Equity Research Inc. now owns 1,185,315 shares of the data storage provider's stock worth $69,305,000 after buying an additional 1,069,889 shares during the last quarter. WDC's profit will be $993.84M for 6.07 P/E if the $3.36 EPS becomes a reality.

26 analysts on average are expecting Western Digital Corporation to report earnings of $2.81 per share for the current quarter.

Investors sentiment is 1.12 in 2017 Q2. Its the same as in 2017Q1. Los Angeles Capital Management And Equity Research reported 1.15M shares. Utah Retirement accumulated 53,426 shares. Aviance Mngmt Limited invested 0.09% in Western Digital Corporation (NASDAQ:WDC). Grantham Mayo Van Otterloo Ltd Liability Com reported 428,700 shares or 0.21% of all its holdings. Dimensional Fund LP reported 643,610 shares or 0.01% of all its holdings. Following the transaction, the director now owns 16,421 shares of the company's stock, valued at $1,488,235.23.

More notable recent Western Digital Corporation (NASDAQ:WDC) news were published by: which released: "Why Lower Memory Prices Will Hit Western Digital Corp Stock Hard" on November 30, 2017, also with their article: "Western Digital Corp (NASDAQ:WDC) Advances 3.34% After Hours" published on December 13, 2017, published: "Western Digital Agrees to Stop Trying to Block Toshiba's $18 Billion Chip Unit ..." on December 08, 2017. Assets Cap Advisers stated it has 32,332 shares. "Reduces Stake in Western Digital Corporation (WDC)" was originally reported by StockNewsTimes and is owned by of StockNewsTimes. Karp Capital Mgmt invested in 0.13% or 3,050 shares. First Bancorporation Of Omaha owns 38,358 shares or 0.21% of their United States portfolio. Lumina Fund Ltd Llc has invested 0.06% in Western Digital Corporation (NASDAQ:WDC).

Evercore Wealth Management Llc, which manages about $4.87B and $2.59 billion US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 337 shares to 60,852 shares, valued at $58.91M in 2017Q2, according to the filing. Deprince Race And Zollo owns 221,084 shares for 0.4% of their portfolio. In the last quarter, insiders have sold 14,638 shares of company stock valued at $1,281,914. On Thursday, August 3 the insider DeMaria Jacqueline sold $1.21 million. $234,190 worth of stock was sold by BHATIA MANISH H on Thursday, August 3. The financial metric shows Western Digital Corporation WDC 's ability to yield profits before leverage instead of using leverage. Sivaram Srinivasan sold $263,330 worth of stock or 3,098 shares. CORDANO MICHAEL D had sold 3,670 shares worth $302,975.

Among 35 analysts covering Western Digital (NASDAQ:WDC), 25 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Qs Limited has invested 0.06% of its portfolio in Western Digital Corporation (NASDAQ:WDC). The firm earned "Overweight" rating on Wednesday, September 20 by Morgan Stanley. Intrepid Capital Management Inc sold 91,315 shares as Western Digital Corp Com (WDC)'s stock rose 15.69%. RBC Capital Markets maintained the shares of WDC in report on Wednesday, May 31 with "Buy" rating. Nine equities research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and three have issued a strong buy rating to the stock. This trend has crafted a unified opinion across the trading floor and it is clear that the overall guidance for the stock is now established as shows upbeat performance surged. The current value provides an indication to the investors the capital intensity of Western Digital Corporation WDC that will highly rely on the industry. Finally, Maxim Group reiterated a "buy" rating and set a $108.00 price target on shares of Western Digital in a research report on Wednesday, August 30th.

Western Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The firm earned "Buy" rating on Sunday, October 8 by Mizuho. Investors of record on Friday, June 30th will be paid a $0.50 dividend.

Several other large investors also recently bought and sold shares of WDC. 112 funds opened positions while 612 raised stakes. Atria Investments invested in 0.16% or 45,930 shares. Valueworks Ltd has invested 2.17% in Mesabi Trust (NYSE:MSB). Assetmark holds 0% or 249 shares in its portfolio. Susquehanna Group Llp has 660,013 shares for 0.03% of their portfolio. Point72 Asia (Hong Kong) invested in 63 shares or 0.01% of the stock. It also reduced its holding in Vanguard Ftse Pacific Etf (VPL) by 17,864 shares in the quarter, leaving it with 1,755 shares, and cut its stake in Thomson Reuters Corp (Put) (NYSE:TRI). 624,587 are held by Beddow Cap. Royal Retail Bank Of Canada invested in 926,341 shares. Polar Limited Liability Partnership has invested 0.83% of its portfolio in Wells Fargo & Company (NYSE:WFC).

Like this



19 December 2017
Franklin Resources (BEN) Rating Increased to Buy at ValuEngine
Mark Lee decreased its stake in Suntrust Bks Inc (STI) by 25.79% based on its latest 2017Q2 regulatory filing with the SEC. The stock exchanged hands with 2,544,988 numbers of shares compared to its average daily volume of 2.33M shares.

19 December 2017
Ligue 1 star named Premier League duo among 'dream' clubs
Such form has attracted the interest of numerous suitors, with the Lyon-born attacker linked with a move to Barcelona of late.

19 December 2017
Judge rules in favor of 2 immigrant teens who want abortions
They argue that if the judge allows these girls to immediately access abortions their "interests would be irreparably undercut". However, the ACLU argued that the department is unconstitutionally blocking the teens from obtaining abortions.

19 December 2017
Lockheed Martin and Aerion set sights on world's first supersonic business jet
It could transport passengers from NY to London in around four hours, shaving about three hours off the trip. It's going to be a while before the world's first supersonic business jet is ready for its first flight.

19 December 2017
Chevron Corporation (CVX) Holder Oxbow Advisors LLC Has Cut Its Position
Americafirst Capital Management LLC acquired a new stake in Chevron Corporation during the first quarter worth about $140,000. Sasco Capital Inc decreased Weyerhaeuser Co (NYSE:WY) stake by 164,630 shares to 3.62M valued at $121.44 million in 2017Q2.

19 December 2017
Vodafone Group Plc New (VOD) Holding Raised by Janney Capital Management Llc
After $2.71 actual EPS reported by Cummins Inc. for the previous quarter, Wall Street now forecasts -4.06% negative EPS growth. BidaskClub downgraded shares of Vodafone Group from a "buy" rating to a "hold" rating in a report on Monday, September 18th.

19 December 2017
USADA, IAAF investigating doping allegations against sprinter Justin Gatlin
He was then given an eight year ban in 2006 after receiving a positive doping test but but was reduced to four years in 2007. The reporters said they were making a movie and wanted to train the star to look like an athlete.

19 December 2017
Stock Views And Recommendations: AK Steel Holding Corporation (NYSE:AKS)
The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. In the most updated research from a number of analysts on Wall Street, the company gets 5 Buys and 0 Sell among 12 analysts.

19 December 2017
Virginia woman found dead in woods, mauled by her two pit bulls
Norris said that the dogs' kennels appeared to have been broken open, as if the dogs had escaped to help Stephens. She had defensive wounds on her hands and arms, and it appeared that she was alive when the animals attacked.

19 December 2017
Prince Harry and Meghan Markle Set a Date: May 19
Within the chapel are the tombs of ten sovereigns, including Henry VIII and his third wife Jane Seymour, and Charles I. Harry and Markle got engaged last month and revealed their tentative May wedding date one day later.