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The closing price of Warner Bros. Discovery Inc (NASDAQ: WBD) was $9.37 for the day, up 11.81% from the previous closing price of $8.38. In other words, the price has increased by $11.81 from its previous closing price. On the day, 72.02 million shares were traded. WBD stock price reached its highest trading level at $9.8 during the session, while it also had its lowest trading level at $8.83.
Ratios:
Our analysis of WBD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.41. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 22974394368 and an Enterprise Value of 58897993728. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 1.475 whereas that against EBITDA is 7.948.
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 19.05%, while the 200-Day Moving Average is calculated to be 14.29%.
Shares Statistics:
WBD traded an average of 30.18M shares per day over the past three months and 26823690 shares per day over the past ten days. A total of 2.44B shares are outstanding, with a floating share count of 2.22B. Insiders hold about 9.51% of the company’s shares, while institutions hold 61.25% stake in the company. Shares short for WBD as of 1728950400 were 104960931 with a Short Ratio of 3.48, compared to 1726185600 on 101754040. Therefore, it implies a Short% of Shares Outstanding of 104960931 and a Short% of Float of 4.82.
