Closing Figures Unveiled: Warner Bros. Discovery Inc (WBD) Gain 0.27, Closes at 7.40

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Warner Bros. Discovery Inc (NASDAQ: WBD) closed the day trading at $7.40 up 0.27% from the previous closing price of $7.38. In other words, the price has increased by $0.27 from its previous closing price. On the day, 17.99 million shares were traded. WBD stock price reached its highest trading level at $7.51 during the session, while it also had its lowest trading level at $7.37.

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 5.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.89.

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 this company, Goldman on June 25, 2024, initiated with a Neutral rating and assigned the stock a target price of $8.50.

On May 10, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $11.

Wolfe Research Downgraded its Peer Perform to Underperform on April 23, 2024, while the target price for the stock was maintained at $7.

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 May 13 ’24 when Zeiler Gerhard bought 100,000 shares for $8.30 per share. The transaction valued at 830,000 led to the insider holds 908,130 shares of the business.

ADVANCE/NEWHOUSE PARTNERSHIP bought 10,000,000 shares of WBD for $124,900,000 on Dec 14 ’23. The Director now owns 14,158,459 shares after completing the transaction at $12.49 per share. On Dec 14 ’23, another insider, Newhouse Steven O, who serves as the Director of the company, bought 10,000,000 shares for $12.49 each. As a result, the insider paid 124,900,000 and bolstered with 14,158,459 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 18132293632 and an Enterprise Value of 58791317504. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 1.449 whereas that against EBITDA is 7.846.

Stock Price History:

Over the past 52 weeks, WBD has reached a high of $14.76, while it has fallen to a 52-week low of $6.94. The 50-Day Moving Average of the stock is -4.19%, while the 200-Day Moving Average is calculated to be -21.46%.

Shares Statistics:

Over the past 3-months, WBD traded about 28.73M shares per day on average, while over the past 10 days, WBD traded about 24552190 shares per day. A total of 2.44B shares are outstanding, with a floating share count of 2.22B. Insiders hold about 9.52% of the company’s shares, while institutions hold 62.10% stake in the company. Shares short for WBD as of 1719532800 were 128733503 with a Short Ratio of 4.48, compared to 1717113600 on 118522180. Therefore, it implies a Short% of Shares Outstanding of 128733503 and a Short% of Float of 5.91.

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