Witnessing the stock’s movement on the chart, on Wednesday, Warner Music Group Corp (NASDAQ: WMG) had a quiet start as it plunged -0.22% to $31.73, before settling in for the price of $31.80 at the close. Taking a more long-term approach, WMG posted a 52-week range of $27.06-$38.05.
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In the past 5-years timespan, the Communication Services sector firm’s annual sales growth was 8.04%. Meanwhile, its Annual Earning per share during the time was 6.43%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 39.64%. This publicly-traded company’s shares outstanding now amounts to $138.34 million, simultaneously with a float of $133.38 million. The organization now has a market capitalization sitting at $16.43 billion.
Warner Music Group Corp (WMG) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Entertainment industry. Warner Music Group Corp’s current insider ownership accounts for 74.25%, in contrast to 27.05% institutional ownership. According to the most recent insider trade that took place on Sep 11 ’24, this organization’s CEO, Recorded Music sold 250,769 shares at the rate of 28.09, making the entire transaction reach 7,044,101 in total value, affecting insider ownership by 2,039,002. Preceding that transaction, on Sep 10 ’24, Company’s CEO, Recorded Music sold 428,834 for 28.00, making the whole transaction’s value amount to 12,007,352. This particular insider is now the holder of 2,289,771 in total.
Warner Music Group Corp (WMG) Earnings and Revenue Records
Warner Music Group Corp’s EPS increase for this current 12-month fiscal period is 39.64% and is forecasted to reach 1.44 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.05% through the next 5 years, which can be compared against the 6.43% 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 0.67. The Stock has managed to achieve an average true range (ATR) of 0.54. Alongside those numbers, its PE Ratio stands at $30.43, and its Beta score is 1.37. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.57. Similarly, its price to free cash flow for trailing twelve months is now 24.71.
In the same vein, WMG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.04, a figure that is expected to reach 0.28 in the next quarter, and analysts are predicting that it will be 1.44 at the market close of one year from today.
