user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 439642 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Western Digital Earnings In Retrospect: Up 3.0% in the Last 17 Days (WDC)

Published on Sat, 02/09/2013 - 09:19
By Mallory Stone

Two weeks ago on January 23rd, 2013 Western Digital (NYSE:WDC) reported earnings and analysts, on average, expected earnings of $1.82 on sales of $3.7 billion. The company actually reported EPS of $2.09 on sales of $3.8 billion, beating EPS estimates by $0.27 and beating revenue estimates by $173.6 million. Since the company's report, shares of Western Digital have risen from $47.07 to $48.49, representing a gain of 3.0% in the past 17 days.

Western Digital share prices have moved between a 52-week high of $49.50 and a 52-week low of $28.31 and closed Thursday at 71% above that low price at $48.49 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.1% while the 200-day MA has risen 0.4%.

Western Digital (NYSE:WDC) is currently priced 0.8% above its average consensus analyst price target of $48.08. The stock should discover initial support at its 50-day moving average (MA) of $42.32 and subsequent support at its 200-day MA of $38.13.

Western Digital Corporation designs and manufactures hard drives for desktop computers and home entertainment applications.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Shares of XPO Logistics Rise to a New 52...

Shares of XPO Logistics (NYSE:XPO) traded at a new 52-week high today of $39.92. So fa ...

Recent 52-Week High Exceeded in Shares o...

Shares of U.S. Steel (NYSE:X) traded at a new 52-week high today of $46.55. Approximat ...

Shares of VCA Antech Rise to a New 52-We...

Shares of VCA Antech (NASDAQ:WOOF) traded at a new 52-week high today of $42.14. So fa ...

Watch for Continued Gains in Shares of W...

Shares of Waste Management (NYSE:WM) traded at a new 52-week high today of $47.50. App ...

VF Corp: 52-Week High Recently Eclipsed ...

VF Corp (NYSE:VFC) traded today at a new 52-week high of $66.72. This new high was rea ...

Shares of United Therapeutics Have Risen...

United Therapeutics (NASDAQ:UTHR) traded at a new 52-week high today of $130.44. This ...

Union Pacific: The Winning Streak Contin...

Union Pacific (NYSE:UNP) traded at a new 52-week high today of $109.35. Approximately ...

Tuesday Morning Looks to Continue to Tra...

Tuesday Morning (NASDAQ:TUES) traded at a new 52-week high today of $19.52. So far tod ...