Warner Music Group Corp (NASDAQ: WMG) kicked off on Tuesday, down -1.85% from the previous trading day, before settling in for the closing price of $34.07. Over the past 52 weeks, WMG has traded in a range of $27.06-$36.64.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 7.72%. While this was happening, its average annual earnings per share was recorded 6.08%. With a float of $135.96 million, this company’s outstanding shares have now reached $144.30 million.
The extent of productivity of a business whose workforce counts for 5800 workers is very important to gauge. In terms of profitability, gross margin is 45.59%, operating margin of 12.77%, and the pretax margin is 10.5%.
Warner Music Group Corp (WMG) Insider and Institutional Ownership
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 73.87%, while institutional ownership is 28.27%. The most recent insider transaction that took place on Feb 20 ’25, was worth 1,000,754. In this transaction Director of this company sold 28,230 shares at a rate of $35.45, taking the stock ownership to the 68,264 shares. Before that another transaction happened on Feb 14 ’25, when Company’s EVP Strategy & Operations sold 1,103 for $36.49, making the entire transaction worth $40,248. This insider now owns 88,649 shares in total.
Warner Music Group Corp (WMG) Latest Financial update
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 6.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.12% 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 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.74. Likewise, its price to free cash flow for the trailing twelve months is 25.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.97, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.50 in one year’s time.
Technical Analysis of Warner Music Group Corp (WMG)
The latest stats from [Warner Music Group Corp, WMG] show that its last 5-days average volume of 2.62 million was superior to 1.99 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.02%. Additionally, its Average True Range was 0.98.
During the past 100 days, Warner Music Group Corp’s (WMG) raw stochastic average was set at 59.57%, which indicates a significant increase from 23.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.08% in the past 14 days, which was lower than the 25.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.38, while its 200-day Moving Average is $31.14. Now, the first resistance to watch is $33.84. This is followed by the second major resistance level at $34.25. The third major resistance level sits at $34.55. If the price goes on to break the first support level at $33.13, it is likely to go to the next support level at $32.83. The third support level lies at $32.42 if the price breaches the second support level.
Warner Music Group Corp (NASDAQ: WMG) Key Stats
The company with the Market Capitalisation of 17.40 billion has total of 520,361K 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 1,666 M and last quarter income was 236,000 K.
