Warner Bros. Discovery Inc [WBD] stock prices are up 1.76% to $8.67 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WBD shares have gain 17.16% over the last week, with a monthly amount glided 24.03%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Warner Bros. Discovery Inc [NASDAQ: WBD] stock has seen the most recent analyst activity on July 16, 2024, when Evercore ISI reiterated its Outperform rating and also revised its price target to $10 from $12. Previously, Goldman started tracking the stock with Neutral rating on June 25, 2024, and set its price target to $8.50. On May 10, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $11 on the stock. Wolfe Research downgraded its rating to a Underperform but stick to its price target of $7 on April 23, 2024. Rosenblatt upgraded its rating to a Neutral and raised its price target to $10 on March 21, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on January 29, 2024, and downed its price target to $12. In a note dated January 11, 2024, Redburn Atlantic downgraded an Neutral rating on this stock but restated the target price of $11.
The stock price of Warner Bros. Discovery Inc [WBD] has been fluctuating between $6.94 and $14.76 over the past year. Currently, Wall Street analysts expect the stock to reach $18.14 within the next 12 months. Warner Bros. Discovery Inc [NASDAQ: WBD] shares were valued at $8.67 at the most recent close of the market. An investor can expect a potential return of 109.23% based on the average WBD price forecast.
Analyzing the WBD fundamentals
The Warner Bros. Discovery Inc [NASDAQ:WBD] reported sales of 40.58B for trailing twelve months, representing a drop of -6.96%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.96.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.44 points at the first support level, and at 8.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.83, and for the 2nd resistance point, it is at 9.00.
Ratios To Look Out For
It’s worth pointing out that Warner Bros. Discovery Inc [NASDAQ:WBD]’s Current Ratio is 0.82. As well, the Quick Ratio is 0.82, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 0.48.
Transactions by insiders
Recent insider trading involved Zeiler Gerhard, President, International, that happened on May 13 ’24 when 100000.0 shares were purchased. Director, ADVANCE/NEWHOUSE PARTNERSHIP completed a deal on Dec 14 ’23 to buy 10.0 million shares. Meanwhile, Director Newhouse Steven O bought 10.0 million shares on Dec 14 ’23.
