On Tuesday, Warner Music Group Corp (NASDAQ: WMG) was 0.14% up from the session before settling in for the closing price of $29.56. A 52-week range for WMG has been $27.06 – $38.05.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Communication Services Sector giant saw their annual sales surged by 7.72% over the last five years. When this article was written, the company’s average yearly earnings per share was at 1.62%. With a float of $133.84 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Warner Music Group Corp stocks. The insider ownership of Warner Music Group Corp is 74.16%, while institutional ownership is 28.57%. The most recent insider transaction that took place on Dec 20 ’24, was worth 1,083,600. In this transaction Director of this company sold 35,000 shares at a rate of $30.96, taking the stock ownership to the 242,360 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Affiliate proposed sale 385,475 for $32.48, making the entire transaction worth $12,519,033.
Warner Music Group Corp (WMG) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 1.62% 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
You can see what Warner Music Group Corp (WMG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.39. Likewise, its price to free cash flow for the trailing twelve months is 24.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.60 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 2.8 million was better than the volume posted last year of 2.28 million. As of the previous 9 days, the stock’s Stochastic %D was 27.48%. Additionally, its Average True Range was 0.82.
During the past 100 days, Warner Music Group Corp’s (WMG) raw stochastic average was set at 32.55%, which indicates a significant increase from 30.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.72% in the past 14 days, which was higher than the 22.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.87, while its 200-day Moving Average is $31.20. Now, the first resistance to watch is $29.93. This is followed by the second major resistance level at $30.26. The third major resistance level sits at $30.58. If the price goes on to break the first support level at $29.28, it is likely to go to the next support level at $28.96. Now, if the price goes above the second support level, the third support stands at $28.63.
Warner Music Group Corp (NASDAQ: WMG) Key Stats
There are 517,994K outstanding shares of the company, which has a market capitalization of 15.33 billion. As of now, sales total 6,426 M while income totals 435,000 K. Its latest quarter income was 1,630 M while its last quarter net income were 41,000 K.
