In the latest trading session, 4.96 million Warner Bros. Discovery Inc (NASDAQ:WBD) shares changed hands as the company’s beta touched 1.50. With the company’s most recent per share price at $10.85 changing hands around $0.16 or 1.45% at last look, the market valuation stands at $26.61B. WBD’s current price is a discount, trading about -17.05% off its 52-week high of $12.70. The share price had its 52-week low at $6.64, which suggests the last value was 38.8% up since then.
Analysts gave the Warner Bros. Discovery Inc (WBD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.23. If we narrow down to specifics, the data shows that 1 out of 20 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended WBD as a Hold, 13 felt it is a Buy and 0 rated the stock as Underweight. Warner Bros. Discovery Inc’s EPS for the current quarter is expected to be 0.03.
Warner Bros. Discovery Inc (NASDAQ:WBD) trade information
Instantly WBD is in green as seen in intraday trades today. With action -0.41%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 2.61%, with the 5-day performance at -0.41% in the red. However, in the 30-day time frame, Warner Bros. Discovery Inc (NASDAQ:WBD) is 3.39% up.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 16.54% from its recent market value. According to analyst projections, WBD’s forecast low is 5 with 40 as the target high. To hit the forecast high, the stock’s price needs a -268.66% plunge from its current level, while the stock would need to tank 53.92% for it to hit the projected low.
Warner Bros. Discovery Inc (WBD) estimates and forecasts
Year-over-year growth is forecast to reach -4.42% down from the last financial year.
Consensus estimates given by 20 financial analysts project the company’s revenue in the current quarter to hit an average of 10.16B. 13 analysts are of the opinion that Warner Bros. Discovery Inc’s revenue for the current quarter will be 10.01B. The company’s revenue for the corresponding quarters a year ago was 10.28B and 9.96B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.24%. The estimates for the next quarter sales put growth at 0.51%.
The 2025 estimates are for Warner Bros. Discovery Inc earnings to decrease by -243.85%, but the outlook for the next 5-year period is at 63.30% per year.
Warner Bros. Discovery Inc (NASDAQ:WBD)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.7618% or 165.19 million shares worth $1.23 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were SPDR (R) Idx Shares-SPDR Communication Services Select Sector ETF and Vanguard Total Stock Market Index Fund. With 71.19 shares estimated at $770.33 million under it, the former controlled 2.90% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.85% of the shares, roughly 70.04 shares worth around $757.79 million.
