Stock Surge: Warner Bros. Discovery Inc (WBD) Closes at 7.57, Marking a -3.93 Increase/Decrease

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In the latest session, Warner Bros. Discovery Inc (NASDAQ: WBD) closed at $7.57 down -3.93% from its previous closing price of $7.88. In other words, the price has decreased by -$3.93 from its previous closing price. On the day, 45.24 million shares were traded. WBD stock price reached its highest trading level at $7.88 during the session, while it also had its lowest trading level at $7.3915.

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 5.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.48. 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:

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 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 18548846592 and an Enterprise Value of 59207872512. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 1.459 whereas that against EBITDA is 7.902.

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 -3.13%, while the 200-Day Moving Average is calculated to be -17.94%.

Shares Statistics:

For the past three months, WBD has traded an average of 29.29M shares per day and 31949630 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 62.27% stake in the company. Shares short for WBD as of 1721001600 were 133019773 with a Short Ratio of 4.54, compared to 1718323200 on 119692446. Therefore, it implies a Short% of Shares Outstanding of 133019773 and a Short% of Float of 6.1100002.

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