Warner Bros. Discovery Inc (NASDAQ: WBD) started the day on Wednesday, with a price decrease of -4.26% at $8.32, before settling in for the price of $8.69 at the close. Taking a more long-term approach, WBD posted a 52-week range of $8.02-$15.56.
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The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 43.08%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 75.40%. This publicly-traded company’s shares outstanding now amounts to $2.44 billion, simultaneously with a float of $2.21 billion. The organization now has a market capitalization sitting at $20.30 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.04, while the 200-day Moving Average is $10.92.
Warner Bros. Discovery Inc (WBD) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Entertainment Industry. Warner Bros. Discovery Inc’s current insider ownership accounts for 9.53%, in contrast to 61.06% institutional ownership. According to the most recent insider trade that took place on Dec 14 ’23, this organization’s Director bought 10,000,000 shares at the rate of 12.49, making the entire transaction reach 124,900,000 in total value, affecting insider ownership by 14,158,459. Preceding that transaction, on Dec 14 ’23, Company’s Director bought 10,000,000 for 12.49, making the whole transaction’s value amount to 124,900,000. This particular insider is now the holder of 14,158,459 in total.
Warner Bros. Discovery Inc (WBD) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported -$0.16 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.07) by -$0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
Warner Bros. Discovery Inc’s EPS increase for this current 12-month fiscal period is 75.40% and is forecasted to reach -0.00 in the upcoming year.
Warner Bros. Discovery Inc (NASDAQ: WBD) Trading Performance Indicators
Let’s observe the current performance indicators for Warner Bros. Discovery Inc (WBD). It’s Quick Ratio in the last reported quarter now stands at 0.93. The Stock has managed to achieve an average true range (ATR) of 0.33. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.49. Similarly, its price to free cash flow for trailing twelve months is now 3.29.
In the same vein, WBD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.28, a figure that is expected to reach -0.23 in the next quarter, and analysts are predicting that it will be -0.00 at the market close of one year from today.
Technical Analysis of Warner Bros. Discovery Inc (WBD)
If we take a close look at the recent performances of Warner Bros. Discovery Inc (NASDAQ: WBD), its last 5-days Average volume was 31.3 million that shows progress from its year to date volume of 26.7 million. During the previous 9 days, stock’s Stochastic %D was recorded 50.72% While, its Average True Range was 0.33.
Raw Stochastic average of Warner Bros. Discovery Inc (WBD) in the period of the previous 100 days is set at 6.41%, which indicates a major fall in contrast to 17.98% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 38.84% that was lower than 44.97% volatility it exhibited in the past 100-days period.
