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As of close of business last night, Warner Bros. Discovery Inc’s stock clocked out at $8.16, down -0.97% from its previous closing price of $8.24. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 21.69 million shares were traded. WBD stock price reached its highest trading level at $8.22 during the session, while it also had its lowest trading level at $8.01.
Ratios:
To gain a deeper understanding of WBD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.97. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 20007583744 and an Enterprise Value of 58358571008. 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 0.58. Its current Enterprise Value per Revenue stands at 1.461 whereas that against EBITDA is 7.876.
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 3.91%, while the 200-Day Moving Average is calculated to be -6.81%.
Shares Statistics:
It appears that WBD traded 32.88M shares on average per day over the past three months and 37658120 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 9.53% of the company’s shares, while institutions hold 61.60% stake in the company. Shares short for WBD as of 1724976000 were 114384330 with a Short Ratio of 3.48, compared to 1722384000 on 114978826. Therefore, it implies a Short% of Shares Outstanding of 114384330 and a Short% of Float of 5.25.
