Western Digital WDC
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Western Digital (WDC) Business Model and Operations Summary
Western Digital is a leading, vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly with, Western Digital and Seagate being the two largest players. Western Digital designs and manufacturers its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
Key Insights
Western Digital (WDC) Core Market Data and Business Metrics
Latest Closing Price
$40.89Market Cap
$14.23 BillionPrice-Earnings Ratio
11.92Total Outstanding Shares
347.82 Million SharesTotal Employees
51,000Dividend
$0.50 Per Share QuarterlyIPO Date
January 31, 1991SIC Description
Computer Storage DevicesPrimary Exchange
NASDAQHeadquarters
5601 Great Oaks Parkway, San Jose, CA, 95119
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
December 28, 2023 to December 27, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-1.07 Billion |
| Net Cash Flow From Investing Activities | $27 Million |
| Exchange Gains/Losses | $-11 Million |
| Net Cash Flow From Operating Activities | $861 Million |
| Net Cash Flow, Continuing | $-179 Million |
| Net Cash Flow From Operating Activities, Continuing | $861 Million |
Income Statement
December 28, 2023 to December 27, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Basic Average Shares | $1.02 Billion |
| Nonoperating Income/Loss | $-434 Million |
| Depreciation and Amortization | $533 Million |
| Net Income/Loss Attributable To Parent | $1.26 Billion |
| Net Income/Loss Available To Common Stockholders, Basic | $1.20 Billion |
Comprehensive Income
December 28, 2023 to December 27, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss Attributable To Parent | $-140 Million |
| Other Comprehensive Income/Loss | $1.12 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $1.12 Billion |
| Comprehensive Income/Loss | $1.12 Billion |
Balance Sheet
December 28, 2023 to December 27, 2024
| Metric | Value |
|---|---|
| Wages | $516 Million |
| Equity Attributable To Noncontrolling Interest | $0 |
| Temporary Equity | $229 Million |
| Liabilities | $13.11 Billion |
| Other Current Assets | $5.95 Billion |
| Temporary Equity Attributable To Parent | $229 Million |
Historical Dividends
Current dividend: $0.50 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 13, 2020 | Apr 17, 2020 | Apr 3, 2020 | $0.5 | Quarterly |
| Nov 14, 2019 | Jan 21, 2020 | Jan 3, 2020 | $0.5 | Quarterly |
| Aug 7, 2019 | Oct 22, 2019 | Oct 4, 2019 | $0.5 | Quarterly |
| May 2, 2019 | Jul 15, 2019 | Jun 28, 2019 | $0.5 | Quarterly |
| Feb 14, 2019 | Apr 15, 2019 | Mar 29, 2019 | $0.5 | Quarterly |
| Nov 7, 2018 | Jan 14, 2019 | Dec 28, 2018 | $0.5 | Quarterly |