Sandisk Corp (NASDAQ: SNDK): Retirees Don’t Worry About Volatility

Sandisk Corp (NASDAQ:SNDK) currently has a daily average trading volume of 5.95M but it saw 2174848 shares traded in last market. With a market cap of 5.85B USD, the company’s current market price of $50.44 came falling about -3.30 while comparing to the previous closing price of $52.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.01 and as low as $34.99. In the recent trading on the day, stock has struck highest price mark of $50.38 while lowest mark touched by it was $53.1.

Its current price level is -8.31% below from 52-week high level whereas it is 44.16% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.47% during that period. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Mizuho which initiated the stock as “Outperform” in its note to investors issued on March 10, 2025, recommending a price target of $60 for it. Barclays also issued its recommendations for the stock as it initiated the price target for the stock is $50.

Over the week, SNDK’s stock price is moving 4.06% up. Year-to-date it is 40.11% up and over the past year.

The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 2.19. In next quarter, company is expected to be making quarterly sales of $1.63B as analysts are expecting the sales for current fiscal year at $7.07B and seeing the company making $7.97B in sales next year.

Company’s return on investment (ROI) stands at -5.10% and return on equity (ROE) at 0.90%. It has a price to earnings ratio (P/E ratio) of 127.37 while having a 10.26 of forward P/E ratio. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is 0.80% on average.