Sandisk Corporation (SNDK) Stock

About Sandisk Corporation

SanDisk Corporation specializes in designing, manufacturing, and supplying storage solutions and devices leveraging advanced NAND flash technology. Its diverse product line features solid-state drives (SSDs), embedded memory solutions, removable memory cards, universal serial bus (USB) devices, and underlying wafers and components. Founded on June 1, 1988, the company maintains its principal executive offices in Milpitas, California.

Sandisk Corporation is led by CEO David V. Goeckeler, employs 12,000 people, headquartered in Milpitas, US, publicly traded since 1995.

Sandisk Corporation (SNDK) stock trades at $1015.89 with a market capitalization of $150.44B. The stock is valued at a price-to-earnings (P/E) ratio of 49.51, price-to-book of 21.04, price-to-sales of 14.85. Over the past 52 weeks the stock has ranged between $40.10 and $2335.00, and currently trades 56.5% below its 52-week high.

On profitability, Sandisk Corporation generates a return on equity (ROE) of 39.30% — well above the market average, a sign of a high-quality business, return on capital employed of -14.94%, an operating margin of 40.93%, a net profit margin of 34.19%.

In its most recent fiscal year, Sandisk Corporation reported annual revenue of $7.4B, net profit of $-1.6B, revenue has compounded at -6.8% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.00 — a conservative balance sheet with little leverage risk, a current ratio of 3.56, total assets of $13.0B, $1.5B in cash and equivalents.

SNDK has an average daily trading volume of 13,325,744 shares, a beta of 4.88 (more volatile than the overall market).

Official website: www.sandisk.com