For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Warner Bros. Discovery Inc (NASDAQ: WBD) closed at $8.38 in the last session, down -0.71% from day before closing price of $8.44. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 20.25 million shares were traded. WBD stock price reached its highest trading level at $8.4 during the session, while it also had its lowest trading level at $8.26.
Ratios:
We take a closer look at WBD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.33. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.00.
On March 21, 2024, Rosenblatt Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $7 to $10.
Wells Fargo Downgraded its Overweight to Equal Weight on January 29, 2024, whereas the target price for the stock was revised from $16 to $12.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 14 ’23 when ADVANCE/NEWHOUSE PARTNERSHIP 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.
Newhouse Steven O 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, 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 20679075840 and an Enterprise Value of 65176580096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 1.577 whereas that against EBITDA is 8.797.
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 $8.02. The 50-Day Moving Average of the stock is -4.08%, while the 200-Day Moving Average is calculated to be -21.93%.
Shares Statistics:
According to the various share statistics, WBD traded on average about 28.57M shares per day over the past 3-months and 25093470 shares per day over the past 10 days. A total of 2.44B shares are outstanding, with a floating share count of 2.22B. Insiders hold about 9.54% of the company’s shares, while institutions hold 60.80% stake in the company. Shares short for WBD as of 1711584000 were 110631005 with a Short Ratio of 3.87, compared to 1709164800 on 94608265. Therefore, it implies a Short% of Shares Outstanding of 110631005 and a Short% of Float of 4.58.
