At the time of writing, Warner Bros. Discovery Inc [WBD] stock is trading at $9.47, up 2.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WBD shares have gain 1.50% over the last week, with a monthly amount glided 21.10%, 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 November 11, 2024, when Wolfe Research upgraded its rating to a Peer Perform. Previously, Bernstein downgraded its rating to Mkt Perform on August 13, 2024, and dropped its price target to $8. On July 25, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $9 on the stock. Evercore ISI reiterated its Outperform rating and decreased its price target to $10 on July 16, 2024. Goldman initiated its recommendation with a Neutral and recommended $8.50 as its price target on June 25, 2024. KeyBanc Capital Markets upgraded its rating to Overweight for this stock on May 10, 2024, but kept the price target unchanged to $11. In a note dated April 23, 2024, Wolfe Research downgraded an Underperform rating on this stock but restated the target price of $7.
For the past year, the stock price of Warner Bros. Discovery Inc fluctuated between $6.64 and $12.70. Currently, Wall Street analysts expect the stock to reach $17.13 within the next 12 months. Warner Bros. Discovery Inc [NASDAQ: WBD] shares were valued at $9.47 at the most recent close of the market. An investor can expect a potential return of 80.89% based on the average WBD price forecast.
Analyzing the WBD fundamentals
According to Warner Bros. Discovery Inc [NASDAQ:WBD], the company’s sales were 39.56B for trailing twelve months, which represents an -3.78% plunge. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.29 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.15.
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 9.30 points at the first support level, and at 9.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.70, and for the 2nd resistance point, it is at 9.93.
Ratios To Look Out For
It is important to note that Warner Bros. Discovery Inc [NASDAQ:WBD] has a current ratio of 0.80. In addition, the Quick Ratio stands at 0.80 and the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 0.55, the price to book ratio is 0.66.
Transactions by insiders
Recent insider trading involved Zeiler Gerhard, President, International, that happened on Nov 11 ’24 when 58000.0 shares were purchased. President, International, Zeiler Gerhard completed a deal on May 13 ’24 to buy 100000.0 shares. Meanwhile, Director ADVANCE/NEWHOUSE PROGRAMMING P sold 10.0 million shares on Dec 14 ’23.
