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A Performance Overview of Western Digital, Seagate, and SanDisk

PART:
1 2 3 4 5 6 7 8 9 10
Part 8
A Performance Overview of Western Digital, Seagate, and SanDisk PART 8 OF 10

SanDisk Generated Returns of -25.69% in Trailing 12-Month Period

Shareholder returns and stock trends

As of November 20, 2015, SanDisk (SNDK) generated investor returns of -25.69% in the trailing 12-month period and -4.39% in the trailing one-month period. In comparison, the company generated 40.64% in 2014 and -23.53% YTD (year-to-date). The firm’s share price increased by 1.39% in the trailing five-day period.

In comparison, Western Digital (WDC) and Seagate Technology (STX)—peer companies in the Technology, Hardware, Storage, and Peripherals subsector—generated returns of –11% and -16.38%, respectively, in the trailing one-month period.

SanDisk Generated Returns of -25.69% in Trailing 12-Month Period

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Moving averages

On November 20, 2015, SanDisk closed the trading day at $74.93. Based on this figure, let’s look at how the stock fared in terms of its moving averages:

  • 22% above its 100-day moving average of $61.37
  • 12% above its 50-day moving average of $66.84
  • 1% below its 20-day moving average of $76.05

MACD and relative strength index

A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. On November 20, 2015, SanDisk’s 14-day MACD was 2.61. This positive figure indicates an upward trading trend.

The company’s 14-day RSI (relative strength index) was 60, which shows that the stock is slightly overbought. Generally, if a company’s RSI is above 70, it indicates its stock is overbought. An RSI figure below 30 suggests that a company’s stock has been oversold.

Analyst recommendations

Out of 26 analysts covering SanDisk’s stock, 4 have issued a “buy” recommendation and 26 have recommended a “hold.” The analyst stock price target for the firm is $84.14, with a median target estimate of $86. This means that SanDisk is trading at a discount of 13% to median analyst estimates.

Western Digital makes up 0.50% of the Technology Select Sector SPDR ETF (XLK) and 0.35% of the Powershares QQQ ETF (QQQ).

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