Warner Bros. Discovery Inc [WBD] stock is trading at $8.38, down -3.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The WBD shares have gain 4.88% over the last week, with a monthly amount glided 16.39%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Warner Bros. Discovery Inc [NASDAQ: WBD] stock has seen the most recent analyst activity on July 25, 2024, when Macquarie downgraded its rating to a Neutral but kept the price target unchanged to $9 for it. Previously, Evercore ISI reaffirmed its Outperform rating on July 16, 2024, and dropped its price target to $10. On June 25, 2024, Goldman initiated with a Neutral rating and assigned a price target of $8.50 on the stock. KeyBanc Capital Markets upgraded its rating to a Overweight but stick to its price target of $11 on May 10, 2024. Wolfe Research downgraded its rating to a Underperform but $7 remained the price target by the analyst firm on April 23, 2024. Rosenblatt upgraded its rating to Neutral for this stock on March 21, 2024, and upped its price target to $10. In a note dated January 29, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $16 to $12.
Warner Bros. Discovery Inc [WBD] stock has fluctuated between $6.94 and $14.76 over the past year. Currently, Wall Street analysts expect the stock to reach $17.25 within the next 12 months. Warner Bros. Discovery Inc [NASDAQ: WBD] shares were valued at $8.38 at the most recent close of the market. An investor can expect a potential return of 105.85% based on the average WBD price forecast.
Analyzing the WBD fundamentals
Warner Bros. Discovery Inc [NASDAQ:WBD] reported sales of 40.58B for the trailing twelve months, which represents 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 8.21 points at the first support level, and at 8.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.60, and for the 2nd resistance point, it is at 8.81.
Ratios To Look Out For
For context, Warner Bros. Discovery Inc’s Current Ratio is 0.82. On the other hand, the Quick Ratio is 0.82, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 0.46.
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.
