Report
Seth Sherwood
EUR 100.00 For Business Accounts Only

Enterprise Key to Western Digital’s Future; Lowering FVE to $75

After taking a fresh look at hard-disk drive manufacturer, Western Digital, we are maintaining our no-moat rating and negative moat trend. We are also decreasing our fair value estimate to $75 per share from $84 but we note that shares are currently trading at a significant discount.
Western Digital is one of two leaders in the hard disk drive, or HDD, market and with the purchase of SanDisk in 2016 has become a significant player within the NAND flash market. The firm has invested significant r...
Underlying
Western Digital Corporation

Western Digital is a developer, manufacturer, and provider of data storage devices and solutions. The company's portfolio of technology and products address the following markets: Client Devices, which consist of hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, flash-based embedded storage products, and flash-based memory wafers and components; Data Center Devices and Solutions, which consist of enterprise HDDs and enterprise SSDs, data center software and system solutions; and Client Solutions, which consist of HDDs and SSDs embedded into external storage products and removable flash-based products, such as cards, universal serial bus flash drives and wireless drives.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Seth Sherwood

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch