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As of close of business last night, Warner Bros. Discovery Inc’s stock clocked out at $8.65, down -1.48% from its previous closing price of $8.78. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 27.84 million shares were traded. WBD stock price reached its highest trading level at $8.85 during the session, while it also had its lowest trading level at $8.55.
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 6.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.83. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.89.
On July 16, 2024, Evercore ISI reiterated its Outperform rating and also upped its target price recommendation from $12 to $10.
On June 25, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $8.50.Goldman initiated its Neutral rating on June 25, 2024, with a $8.50 target price.
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 PARTNERSHIP 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, 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 21195180032 and an Enterprise Value of 62172749824. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 1.532 whereas that against EBITDA is 8.297.
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 $6.94. The 50-Day Moving Average of the stock is 11.00%, while the 200-Day Moving Average is calculated to be -6.70%.
Shares Statistics:
It appears that WBD traded 29.43M shares on average per day over the past three months and 30947510 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 9.52% of the company’s shares, while institutions hold 62.22% stake in the company. Shares short for WBD as of 1721001600 were 133019773 with a Short Ratio of 4.52, compared to 1718323200 on 119692446. Therefore, it implies a Short% of Shares Outstanding of 133019773 and a Short% of Float of 6.1100002.
