As on September 15, 2020, Warner Music Group Corp. (NASDAQ: WMG) started slowly as it slid -2.15% to $28.20. During the day, the stock rose to $29.05 and sunk to $28.03 before settling in for the price of $28.82 at the close. Taking a more long-term approach, WMG posted a 52-week range of $26.99-$34.76.
The Communication Services sector firm’s twelve-monthly sales growth has been 8.10% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 23.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -16.60%. This publicly-traded company’s shares outstanding now amounts to $510.00 million, simultaneously with a float of $76.17 million. The organization now has a market capitalization sitting at $14.13 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.38.
It is quite necessary to find out the efficiency of the corporate organization, which has 5400 number of employees on its payroll. It has generated 828,704 per worker during the last fiscal year. Meanwhile, its income per employee was 47,407. The stock had 7.32 Receivables turnover and 0.79 Total Asset turnover. For the Profitability, stocks gross margin was +40.34, operating margin was +7.96 and Pretax Margin of +5.97.
Warner Music Group Corp. (WMG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Entertainment industry. Warner Music Group Corp.’s current insider ownership accounts for 4.80%, in contrast to 89.80% institutional ownership. According to the most recent insider trade that took place on Jul 07, this organization’s 10% Owner sold 47,780 shares at the rate of 25.00, making the entire transaction reach 1,194,500 in total value, affecting insider ownership by 0. Preceding that transaction, on Jul 07, Company’s 10% Owner sold 11,161,101 for 25.00, making the whole transaction’s value amount to 279,027,525. This particular insider is now the holder of 0 in total.
Warner Music Group Corp. (WMG) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 6/29/2020, the company posted -$1.03 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.04) by -$1.07. This company achieved a net margin of +5.72. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
Warner Music Group Corp.’s EPS decrease for this current 12-month fiscal period is -16.60% and is forecasted to reach 0.62 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 33.34% through the next 5 years, which can be compared against the 23.10% growth it accomplished over the previous five years trading on the market.
Warner Music Group Corp. (NASDAQ: WMG) Trading Performance Indicators
Let’s observe the current performance indicators for Warner Music Group Corp. (WMG). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.97. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.17. Similarly, its price to free cash flow for trailing twelve months is now 252.40.
In the same vein, WMG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.75, a figure that is expected to reach 0.09 in the next quarter, and analysts are predicting that it will be 0.62 at the market close of one year from today.
Technical Analysis of Warner Music Group Corp. (WMG)
Through scrutinizing the latest numbers posted by the [Warner Music Group Corp., WMG], it can be observed that its last 5-days Average volume of 0.57 million was lower the volume of 1.36 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 29.99% While, its Average True Range was 0.97.