SanDisk Corp Stock Buy Recommendation Reiterated (SNDK)
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- SNDK's revenue growth has slightly outpaced the industry average of 10.3%. Since the same quarter one year prior, revenues rose by 11.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Although SNDK's debt-to-equity ratio of 0.24 is very low, it is currently higher than that of the industry average. To add to this, SNDK has a quick ratio of 2.12, which demonstrates the ability of the company to cover short-term liquidity needs.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Computers & Peripherals industry. The net income increased by 45.3% when compared to the same quarter one year prior, rising from $114.39 million to $166.23 million.
- Net operating cash flow has significantly increased by 605.11% to $473.65 million when compared to the same quarter last year. In addition, SANDISK CORP has also vastly surpassed the industry average cash flow growth rate of -11.18%.
- 44.33% is the gross profit margin for SANDISK CORP which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 12.39% trails the industry average.
--Written by a member of TheStreet Ratings Staff. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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