Warner Bros. Discovery Inc (NASDAQ:WBD) currently has a daily average trading volume of 30.24M but it saw 20720211 shares traded in last market. With a market cap of 23.23B USD, the company’s current market price of $9.47 came falling about -3.27 while comparing to the previous closing price of $9.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.70 and as low as $6.64. In the recent trading on the day, stock has struck highest price mark of $9.45 while lowest mark touched by it was $9.73.
Taking a look at 20-day trading activity of Warner Bros. Discovery Inc (WBD) gives us an average price of $10.38, while its current price level is -25.43% below from 52-week high level whereas it is 42.62% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.21 while that of 200 days or SMA-200 reads an average of $8.46. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.41% during that period while stretching the period over a month that increases to 3.76%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.75 which implies that the stock is in neutral territory.
Bernstein downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on August 13, 2024 while assigning a price target range of $10-$8. Macquarie issued its recommendations for the stock as it downgraded the price target for the stock is $9.
Over the week, WBD’s stock price is moving -5.86% down while it is -21.54% when we observe its performance for the past one month. Year-to-date it is -10.41% down and over the past year, the stock is showing a downside performance of -8.50%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0.03 while estimate for next year EPS is -4.39. In next quarter, company is expected to be making quarterly sales of $10.03B as analysts are expecting the sales for current fiscal year at $39.51B and seeing the company making $39.77B in sales next year. Moreover, analysts are in estimates of $10.15B for current-quarter revenue.
Currently, Warner Bros. Discovery Inc’s total number of outstanding shares is 2.45B with 9.13% of that held by the insiders while 64.26% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -15.53% and return on equity (ROE) at -28.09%. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 0.66 while price to sale or P/S ratio amounts to 0.59. Its return on asset (ROA) is -9.75% on average.
