An investigation into Warner Bros. Discovery Inc. (NASDAQ:WBD)’s technical aspects

After finishing at $14.05 in the prior trading day, Warner Bros. Discovery Inc. (NASDAQ: WBD) closed at $13.57, down -3.42%. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 16797449 shares were traded. WBD stock price reached its highest trading level at $13.85 during the session, while it also had its lowest trading level at $13.40.

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Our goal is to gain a better understanding of WBD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.04.

Upgrades & Downgrades

Wells Fargo Downgraded its Overweight to Equal Weight on August 05, 2022, whereas the target price for the stock was revised from $42 to $19.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 08 when Zeiler Gerhard bought 20,000 shares for $14.69 per share. The transaction valued at 293,800 led to the insider holds 230,507 shares of the business.

YANG GEOFFREY Y bought 58,296 shares of WBD for $1,095,275 on May 05. The Director now owns 35,653 shares after completing the transaction at $18.79 per share. On May 02, another insider, Zeiler Gerhard, who serves as the President, International of the company, bought 25,000 shares for $18.39 each. As a result, the insider paid 459,875 and bolstered with 210,507 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.70.

Stock Price History:

Over the past 52 weeks, WBD has reached a high of $27.66, while it has fallen to a 52-week low of $8.82. The 50-Day Moving Average of the stock is 14.16, while the 200-Day Moving Average is calculated to be 13.21.

Shares Statistics:

The stock has traded on average 25.29M shares per day over the past 3-months and 16.11M shares per day over the last 10 days, according to various share statistics. A total of 2.44B shares are outstanding, with a floating share count of 1.87B. Insiders hold about 0.60% of the company’s shares, while institutions hold 56.30% stake in the company. Shares short for WBD as of Jan 30, 2023 were 77.86M with a Short Ratio of 67.63M, compared to 112.94M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.21% and a Short% of Float of 3.24%.

Earnings Estimates

Its stock is currently analyzed by 18 different market analysts. On average, analysts expect EPS of -$0.21 for the current quarter, with a high estimate of $0.7 and a low estimate of -$0.64, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.1, with high estimates of $0.63 and low estimates of -$0.32.

Analysts are recommending an EPS of between $3.46 and -$2.75 for the fiscal current year, implying an average EPS of -$1.56. EPS for the following year is -$0.13, with 20 analysts recommending between $2.48 and -$1.21.

Revenue Estimates

20 analysts predict $11.39B in revenue for the current quarter. It ranges from a high estimate of $12.41B to a low estimate of $10.63B. As of the current estimate, Warner Bros. Discovery Inc.’s year-ago sales were $3.19B, an estimated increase of 257.30% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $10.98B, an increase of 247.60% less than the figure of $257.30% in the same quarter last year. There is a high estimate of $11.69B for the next quarter, whereas the lowest estimate is $10.46B.

A total of 21 analysts have provided revenue estimates for WBD’s current fiscal year. The highest revenue estimate was $45.33B, while the lowest revenue estimate was $42.71B, resulting in an average revenue estimate of $43.53B. In the same quarter a year ago, actual revenue was $12.19B, up 257.00% from the average estimate. Based on 24 analysts’ estimates, the company’s revenue will be $44.28B in the next fiscal year. The high estimate is $46.88B and the low estimate is $41.45B. The average revenue growth estimate for next year is up 1.70% from the average revenue estimate for this year.