Western Digital (NASDAQ:WDC – Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.900-1.200 for the period, compared to the consensus estimate of 1.510. The company issued revenue guidance of $3.8 billion-$4.0 billion, compared to the consensus revenue estimate of $4.0 billion.
Western Digital Trading Down 0.1 %
NASDAQ WDC traded down $0.07 during trading on Wednesday, reaching $62.80. 10,522,700 shares of the stock traded hands, compared to its average volume of 6,142,602. Western Digital has a fifty-two week low of $52.77 and a fifty-two week high of $81.55. The company has a quick ratio of 0.91, a current ratio of 1.47 and a debt-to-equity ratio of 0.49. The firm has a market cap of $21.71 billion, a price-to-earnings ratio of 36.94 and a beta of 1.43. The stock’s 50-day moving average price is $65.72 and its 200 day moving average price is $65.64.
Western Digital (NASDAQ:WDC – Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The data storage provider reported $1.55 EPS for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.36). Western Digital had a return on equity of 8.57% and a net margin of 4.81%. Analysts predict that Western Digital will post 5.54 EPS for the current year.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on WDC
Insider Buying and Selling
In other Western Digital news, SVP Gene M. Zamiska sold 658 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $69.99, for a total transaction of $46,053.42. Following the sale, the senior vice president now owns 28,863 shares of the company’s stock, valued at approximately $2,020,121.37. This represents a 2.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 1,347 shares of company stock valued at $93,027 over the last 90 days. 0.30% of the stock is owned by insiders.
Western Digital Company Profile
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications.
Recommended Stories
- Five stocks we like better than Western Digital
- Short Selling – The Pros and Cons
- 3 Steel Stocks Soaring After Tariff Announcements
- Transportation Stocks Investing
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
- What Are the U.K. Market Holidays? How to Invest and Trade
- Why Salesforce Stock Could Be at Fresh Highs by February
Receive News & Ratings for Western Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Digital and related companies with MarketBeat.com's FREE daily email newsletter.