Warner Music Group Corp (NASDAQ: WMG) kicked off on Friday, up 1.40% from the previous trading day, before settling in for the closing price of $30.73. Over the past 52 weeks, WMG has traded in a range of $27.06-$38.05.
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Communication Services Sector giant saw their annual sales surged by 7.72% over the last five years. While this was happening, its average annual earnings per share was recorded 3.96%. With a float of $134.40 million, this company’s outstanding shares have now reached $142.56 million.
The firm has a total of 5800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.5%, operating margin of 14.78%, and the pretax margin is 9.35%.
Warner Music Group Corp (WMG) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of Warner Music Group Corp is 74.05%, while institutional ownership is 28.58%. The most recent insider transaction that took place on Dec 11 ’24, was worth 12,519,033. Before that another transaction happened on Dec 10 ’24, when Company’s Affiliate proposed sale 458,534 for $32.22, making the entire transaction worth $14,772,315.
Warner Music Group Corp (WMG) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.00% during the next five years compared to 10.55% growth over the previous five years of trading.
Warner Music Group Corp (NASDAQ: WMG) Trading Performance Indicators
Take a look at Warner Music Group Corp’s (WMG) current performance indicators. Last quarter, stock had a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.55. Likewise, its price to free cash flow for the trailing twelve months is 25.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.64 in one year’s time.
Technical Analysis of Warner Music Group Corp (WMG)
Analysing the last 5-days average volume posted by the [Warner Music Group Corp, WMG], we can find that recorded value of 2.11 million was better than the volume posted last year of 1.81 million. As of the previous 9 days, the stock’s Stochastic %D was 12.43%. Additionally, its Average True Range was 0.83.
During the past 100 days, Warner Music Group Corp’s (WMG) raw stochastic average was set at 57.42%, which indicates a significant increase from 21.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.96% in the past 14 days, which was lower than the 23.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.21, while its 200-day Moving Average is $31.37. Now, the first resistance to watch is $31.46. This is followed by the second major resistance level at $31.75. The third major resistance level sits at $32.21. If the price goes on to break the first support level at $30.71, it is likely to go to the next support level at $30.25. Now, if the price goes above the second support level, the third support stands at $29.96.
Warner Music Group Corp (NASDAQ: WMG) Key Stats
The company with the Market Capitalisation of 16.37 billion has total of 517,994K Shares Outstanding. Its annual sales at the moment are 6,426 M in contrast with the sum of 435,000 K annual income. Company’s last quarter sales were recorded 1,630 M and last quarter income was 41,000 K.
