In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Warner Bros. Discovery Inc (NASDAQ: WBD) closed at $8.23 up 1.11% from its previous closing price of $8.14. In other words, the price has increased by $1.11 from its previous closing price. On the day, 19.46 million shares were traded. WBD stock price reached its highest trading level at $8.35 during the session, while it also had its lowest trading level at $8.1725.
Ratios:
For a deeper understanding of Warner Bros. Discovery Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.26. 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.
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, Rosenblatt on March 21, 2024, Upgraded its rating to Neutral and sets its target price to $10 from $7 previously.
On January 29, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $16 to $12.
Redburn Atlantic Downgraded its Buy to Neutral on January 11, 2024, while the target price for the stock was maintained at $11.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 20078647296 and an Enterprise Value of 64810627072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 1.568 whereas that against EBITDA is 8.748.
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 -7.39%, while the 200-Day Moving Average is calculated to be -24.09%.
Shares Statistics:
For the past three months, WBD has traded an average of 28.05M shares per day and 29717950 over the past ten days. A total of 2.44B shares are outstanding, with a floating share count of 2.21B. Insiders hold about 9.55% of the company’s shares, while institutions hold 61.08% stake in the company. Shares short for WBD as of 1711584000 were 110631005 with a Short Ratio of 3.94, compared to 1709164800 on 94608265. Therefore, it implies a Short% of Shares Outstanding of 110631005 and a Short% of Float of 4.58.
Earnings Estimates
As of right now, Warner Bros. Discovery, Inc. – analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $17.63, with high estimates of $7.77 and low estimates of $2.65.
Analysts are recommending an EPS of between $Communication Services and $Financial Services for the fiscal current year, implying an average EPS of $Healthcare.
