During the last session, Warner Bros. Discovery Inc (NASDAQ:WBD)’s traded shares were 23.96 million, with the beta value of the company hitting 1.48. At the end of the trading day, the stock’s price was $8.29, reflecting an intraday loss of -1.07% or -$0.09. The 52-week high for the WBD share is $14.76, that puts it down -78.05 from that peak though still a striking 3.26% gain since the share price plummeted to a 52-week low of $8.02. The company’s market capitalization is $20.31B, and the average trade volume was 28.64 million shares over the past three months.
Warner Bros. Discovery Inc (NASDAQ:WBD) trade information
Warner Bros. Discovery Inc (WBD) registered a -1.07% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.07% in intraday trading to $8.29, hitting a weekly high. The stock’s 5-day price performance is -0.24%, and it has moved by -1.07% in 30 days. Based on these gigs, the overall price performance for the year is -35.28%.
Warner Bros. Discovery Inc (WBD) estimates and forecasts
Statistics show that Warner Bros. Discovery Inc has outperformed its competitors in share price, compared to the industry in which it operates. Warner Bros. Discovery Inc (WBD) shares have gone down -17.76% during the last six months, with a year-to-date growth rate more than the industry average at 72.66% against 29.40. In the rating firms’ projections, revenue will increase 0.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 10.22B as predicted by 21 analyst(s). Meanwhile, a consensus of 19 analyst(s) estimates revenue growth to 10.35B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 10.7B and 10.44B respectively. In this case, analysts expect current quarter sales to shrink by -4.40% and then drop by -0.90% in the coming quarter.
While earnings are projected to return 76.11% in 2024, the next five years will return 20.00% per annum.
WBD Dividends
Warner Bros. Discovery Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
