Currently, Warner Music Group Corp [WMG] is trading at $31.80, down -1.33%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WMG shares have gain 6.71% over the last week, with a monthly amount glided 2.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Warner Music Group Corp [NASDAQ: WMG] stock has seen the most recent analyst activity on January 08, 2025, when Guggenheim reiterated its Buy rating and also revised its price target to $40 from $44. Previously, BofA Securities downgraded its rating to Underperform on October 04, 2024, and dropped its price target to $30. On July 12, 2024, Wolfe Research initiated with a Outperform rating and assigned a price target of $37 on the stock. Redburn Atlantic downgraded its rating to a Sell and raised its price target to $23 on July 10, 2024. In a note dated February 05, 2024, Redburn Atlantic upgraded an Neutral rating on this stock and boosted its target price from $17 to $21.
This stock has fluctuated between a low of $27.06 and a high of $38.05 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $34 within the next 12 months. Warner Music Group Corp [NASDAQ: WMG] shares were valued at $31.80 at the most recent close of the market. An investor can expect a potential return of 6.92% based on the average WMG price forecast.
Analyzing the WMG fundamentals
Trailing Twelve Months sales for Warner Music Group Corp [NASDAQ:WMG] were 6.43B which represents 2.77% growth. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.92 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 8.28.
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 31.24 points at the first support level, and at 30.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.45, and for the 2nd resistance point, it is at 33.11.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Warner Music Group Corp [NASDAQ:WMG] is 0.68. Also, the Quick Ratio is 0.65, while the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 2.57, the price to book ratio is 31.80 and price to earnings (TTM) ratio is 38.35.
Transactions by insiders
Recent insider trading involved Benet Lincoln E, Director, that happened on Dec 20 ’24 when 35000.0 shares were sold. Affiliate, MAX GEORGE LOUSADA completed a deal on Dec 11 ’24 to buy 0.39 million shares. Meanwhile, Affiliate MAX GEORGE LOUSADA bought 0.46 million shares on Dec 10 ’24.
