Analyzing Warner Bros. Discovery Inc (WBD)’s quick and current ratios

Warner Bros. Discovery Inc (NASDAQ: WBD) closed the day trading at $9.64 down -1.93% from the previous closing price of $9.83. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 22852520 shares were traded. WBD stock price reached its highest trading level at $9.89 during the session, while it also had its lowest trading level at $9.57.

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Ratios:

For a better understanding of WBD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.97.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on January 29, 2024, Downgraded its rating to Equal Weight and sets its target price to $12 from $16 previously.

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 Dec 14 when Newhouse Steven O bought 10,000,000 shares for $12.49 per share. The transaction valued at 124,900,000 led to the insider holds 14,158,459 shares of the business.

ADVANCE/NEWHOUSE PARTNERSHIP bought 10,000,000 shares of WBD for $124,900,000 on Dec 14. The Director now owns 14,158,459 shares after completing the transaction at $12.49 per share. On Dec 14, another insider, ADVANCE/NEWHOUSE PROGRAMMING P, who serves as the Director of the company, sold 10,000,000 shares for $12.49 each. As a result, the insider received 124,900,000 and left with 184,023,290 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WBD now has a Market Capitalization of 23.97B and an Enterprise Value of 66.39B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 1.58 whereas that against EBITDA is 3.34.

Stock Price History:

Over the past 52 weeks, WBD has reached a high of $16.34, while it has fallen to a 52-week low of $9.27. The 50-Day Moving Average of the stock is 10.93, while the 200-Day Moving Average is calculated to be 11.68.

Shares Statistics:

Over the past 3-months, WBD traded about 1.04 shares per day on average, while over the past 10 days, WBD traded about 23.78M shares per day. A total of 2.43B shares are outstanding, with a floating share count of 2.21B. Insiders hold about 9.34% of the company’s shares, while institutions hold 61.29% stake in the company. Shares short for WBD as of Jan 31, 2024 were 82.69M with a Short Ratio of 3.82, compared to 84.84M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.39% and a Short% of Float of 3.43%.

Earnings Estimates

Current recommendations for the stock of the company come from 13 analysts. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of $0.14 and a low estimate of -$0.19, while EPS last year was -$0.86. The consensus estimate for the next quarter is -$0.26, with high estimates of -$0.03 and low estimates of -$0.79.

Analysts are recommending an EPS of between -$0.66 and -$1.31 for the fiscal current year, implying an average EPS of -$1.11. EPS for the following year is $0, with 17 analysts recommending between $2.79 and -$1.87.

Revenue Estimates

20 analysts predict $10.37B in revenue for the current quarter. It ranges from a high estimate of $10.96B to a low estimate of $9.8B. As of the current estimate, Warner Bros. Discovery Inc’s year-ago sales were $11.01B, an estimated decrease of -5.80% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $10.39B, a decrease of -2.90% over than the figure of -$5.80% in the same quarter last year. There is a high estimate of $10.79B for the next quarter, whereas the lowest estimate is $9.71B.

A total of 27 analysts have provided revenue estimates for WBD’s current fiscal year. The highest revenue estimate was $42.17B, while the lowest revenue estimate was $40.83B, resulting in an average revenue estimate of $41.49B. In the same quarter a year ago, actual revenue was $33.82B, up 22.70% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $41.95B in the next fiscal year. The high estimate is $44.4B and the low estimate is $39.05B. The average revenue growth estimate for next year is up 1.10% from the average revenue estimate for this year.

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