Last $1,210 MXN
Change Today +9.50 / 0.79%
Volume 988.0
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As of 4:09 PM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

sandisk corp (SNDK*) Snapshot

Open
$1,219
Previous Close
$1,201
Day High
$1,219
Day Low
$1,210
52 Week High
07/16/14 - $1,403
52 Week Low
07/30/13 - $691.00
Market Cap
273.7B
Average Volume 10 Days
1.3K
EPS TTM
--
Shares Outstanding
226.2M
EX-Date
07/31/14
P/E TM
--
Dividend
$1.20
Dividend Yield
0.97%
Current Stock Chart for SANDISK CORP (SNDK*)

sandisk corp (SNDK*) Related Businessweek News

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sandisk corp (SNDK*) Details

SanDisk Corporation designs, develops, manufactures, and markets data storage products that are used in various consumer electronics products. The company provides removable cards, which are used in various consumer electronics devices, such as mobile phones, tablets, eReaders, digital cameras, camcorders, gaming devices, and personal computers under the CompactFlash, SanDisk Ultra, SanDisk Extreme, and SanDisk Extreme PRO brands. It also offers embedded flash products that are used in mobile phones, tablets, computing platforms, imaging devices, and other products under the iNAND brand name; and solid state drives (SSDs) for client computing platforms and enterprise data centers, as well as enterprise software solutions to enhance the performance of SSDs. In addition, the company provides universal serial bus flash drives for use in the computing and consumer markets; digital media players under the Sansa brand; wireless media and flash drive products under the brand name of SanDisk Connect; and memory wafers and components. SanDisk Corporation offers its products directly and through distributors to original equipment manufacturers, consumer electronics stores, office superstores, photo retailers, mobile phone stores, mass merchants, catalog and mail order companies, e-commerce retailers, drug stores, supermarkets, convenience stores, and kiosks in the United States, the Asia Pacific, Europe, the Middle East, Africa, and internationally. SanDisk Corporation was founded in 1988 and is headquartered in Milpitas, California.

5,459 Employees
Last Reported Date: 02/21/14
Founded in 1988

sandisk corp (SNDK*) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $946.1K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $593.5K
Chief Legal Officer and Senior Vice President
Total Annual Compensation: $520.1K
Chief Strategy Officer and Executive Vice Pre...
Total Annual Compensation: $494.8K
Senior Vice President of Memory Technology
Total Annual Compensation: $345.8K
Compensation as of Fiscal Year 2013.

sandisk corp (SNDK*) Key Developments

SanDisk Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 29, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of 2014

SanDisk Corp. announced unaudited consolidated earnings results for the second quarter and six months ended June 29, 2014. For the quarter, the company reported revenue of $1,634,011,000 compared with $1,476,263,000 for the same period a year ago. Operating income was $416,656,000 compared with $392,558,000 for the same period a year ago. Income before income taxes was $403,077,000 compared with $383,457,000 for the same period a year ago. Net income was $273,946,000 or $1.14 per diluted share compared with $261,789,000 or $1.06 per diluted share for the same period a year ago. Non GAAP operating income was $472,307,000 compared with $428,791,000 for the same period a year ago. Non GAAP net income was $328,699,000 or $1.41 per diluted share compared with $298,972,000 or $1.22 per diluted share for the same period a year ago. Net cash provided by operating activities was $240,860,000 compared with $390,793,000 for the same period a year ago. Acquisition of property and equipment, net was $44,149,000 compared with $71,497,000 for the same period a year ago. Purchased technology and other assets was $684,000 compared with $3,671,000 for the same period a year ago. For the six months, the company reported revenue of $3,145,956,000 compared with $2,816,992,000 for the same period a year ago. Operating income was $841,830,000 compared with $646,349,000 for the same period a year ago. Income before income taxes was $812,616,000 compared with $617,351,000 for the same period a year ago. Net income was $542,894,000 or $2.28 per diluted share compared with $428,018,000 or $1.74 per diluted share for the same period a year ago. Non GAAP operating income was $948,773,000 compared with $716,515,000 for the same period a year ago. Non GAAP net income was $658,729,000 or $2.84 per diluted share compared with $505,869,000 or $2.06 per diluted share for the same period a year ago. Net cash provided by operating activities was $622,939,000 compared with $864,444,000 for the same period a year ago. Acquisition of property and equipment, net was $78,666,000 compared with $119,849,000 for the same period a year ago. Purchased technology and other assets was $1,553,000 compared with $3,908,000 for the same period a year ago. The company provided earnings guidance for the full year of 2014. The second quarter results position the company well to deliver another record year in 2014. Cash CapEx for the full year to be approximately $600 million. Cash flow from operations to be stronger in the second half of the year than in the first half of the year. For the third quarter of 2014 revenue forecast is $1,675,000,000 to $1,725,000,000. The company expects non-GAAP gross margin to remain similar to the second quarter with a forecasted range of 47% to 49%. Non-GAAP tax rate to remain at 31.5%. In terms of capital investments, the company continue to expect growth investment for fab equipment and other CapEx to be approximately $1.4 billion in 2014 with cash usage of approximately $600 million concentrated in the second half of the year given the timing of investments.

Sandisk Corporation Declares Third Quarter 2014 Cash Dividend, Payable on August 25, 2014

SanDisk Corporation announced that the Board of Directors has declared a third quarter 2014 cash dividend of 30 cents per share on the company's common stock. The dividend will be payable on August 25, 2014 to stockholders of record at the close of business on August 4, 2014.

SanDisk Corp. to Report Q2, 2014 Results on Jul 16, 2014

SanDisk Corp. announced that they will report Q2, 2014 results After-Market on Jul 16, 2014

 

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SNDK*

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Valuation SNDK* Industry Range
Price/Earnings 18.9x
Price/Sales 3.2x
Price/Book 2.9x
Price/Cash Flow 16.9x
TEV/Sales 2.5x
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