Shares of Western Digital Corporation (NASDAQ:WDC) [Trend Analysis] swings enthusiastically in regular trading session, it an advance of 3.61% to close at $58.89. Lets us look over what analysts have to say about performance of the WDC. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $1.87 as compared to the next year Q1 current trend of $1.52. While on annual basis the current EPS estimates trend for FY 2017 came in for $7.74 as compared to three months ago $6.28.
The stock prices target chart showed high target of 97 kept by analysts at WSJ while the average price target was for 70 as compared to current price of 58.89. Somehow, the stock managed to gain BUY ratings by 19 analysts in current tenure as 3 analysts having overweight ratings, 10 recommend as HOLD and 1 gave it as a SELL security for current period. Overall, the consensus ratings were for Overweight by the pool of analysts.
Moving forward to saw long-term intention, the experts calculate Return on Investment of 2%. The stock is going forward its fifty-two week low with 71.69% and lagging behind from its 52-week high price with -5.54%. WDC last month stock price volatility remained 3.62%.
Photronics Inc. (NASDAQ:PLAB) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -12.56% to 9.40 with around 2.68 Million shares have changed hands in this session. Finally to see some strong financial remarks by WSJ over PLAB performance. Out of the pool of analysts 5 gave their BUY ratings on the stock in previous month as 5 analysts having BUY in current month. Majority ranked Buy from the pool of analysts.
The next year first quarter EPS estimates trend for current period shows $0.13 while one month ago this estimate trend was for $0.13. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $0.63 and for the one month was for $0.63 as compared to three months ago was for $0.70. Whereas, PLAB received highest price target of 15 and low target of 11.50. The stock price target chart showed average price target of 12.50 as compared to current price of 9.40.
The stock is going forward its fifty-two week low with 9.81% and lagging behind from its 52-week high price with -27.97%. Similar, the positive performance for the quarter recorded as -6.93% and for the year was -5.62%, while the YTD performance remained at -24.50%. PLAB has Average True Range for 14 days of 0.49.