Market Recap Check: Warner Bros. Discovery Inc (WBD)’s Negative Finish at 7.32, Up/Down -0.54

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The price of Warner Bros. Discovery Inc (NASDAQ: WBD) closed at $7.32 in the last session, down -0.54% from day before closing price of $7.36. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 21.99 million shares were traded. WBD stock price reached its highest trading level at $7.565 during the session, while it also had its lowest trading level at $7.31.

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 4.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 1.19 whereas as Long-Term Debt/Eq ratio is at 1.09.

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, Bernstein on August 13, 2024, Downgraded its rating to Mkt Perform and sets its target price to $8 from $10 previously.

On July 25, 2024, Macquarie Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $9.

Evercore ISI reiterated its Outperform rating for the stock on July 16, 2024, while the target price for the stock was revised from $12 to $10.

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 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 PROGRAMMING P sold 10,000,000 shares of WBD for $124,900,000 on Dec 14 ’23. The Director now owns 184,023,290 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 17947981824 and an Enterprise Value of 56397045760. 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 0.52. Its current Enterprise Value per Revenue stands at 1.412 whereas that against EBITDA is 7.611.

Stock Price History:

Over the past 52 weeks, WBD has reached a high of $12.70, while it has fallen to a 52-week low of $6.64. The 50-Day Moving Average of the stock is -5.10%, while the 200-Day Moving Average is calculated to be -18.20%.

Shares Statistics:

According to the various share statistics, WBD traded on average about 30.56M shares per day over the past 3-months and 30390250 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 9.53% of the company’s shares, while institutions hold 61.61% stake in the company. Shares short for WBD as of 1723680000 were 138803385 with a Short Ratio of 4.54, compared to 1721001600 on 133019773. Therefore, it implies a Short% of Shares Outstanding of 138803385 and a Short% of Float of 6.370000000000001.

Earnings Estimates

Warner Bros. Discovery Inc (WBD) is currently under the scrutiny of 16.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.03, with high estimates of $0.28 and low estimates of -$0.15.

Analysts are recommending an EPS of between -$3.9 and -$4.92 for the fiscal current year, implying an average EPS of -$4.49. EPS for the following year is -$0.14, with 20.0 analysts recommending between $1.32 and -$0.9.

Revenue Estimates

According to 22 analysts, the current quarter’s revenue is expected to be $9.88B. It ranges from a high estimate of $10.34B to a low estimate of $9.53B. As of the current estimate, Warner Bros. Discovery Inc’s year-ago sales were $9.98BFor the next quarter, 22 analysts are estimating revenue of $10.53B. There is a high estimate of $11.32B for the next quarter, whereas the lowest estimate is $9.98B.

A total of 26 analysts have provided revenue estimates for WBD’s current fiscal year. The highest revenue estimate was $41.33B, while the lowest revenue estimate was $39.49B, resulting in an average revenue estimate of $40.17B. In the same quarter a year ago, actual revenue was $41.32BBased on 26 analysts’ estimates, the company’s revenue will be $40.67B in the next fiscal year. The high estimate is $42.63B and the low estimate is $38.71B.

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