Warner Bros. Discovery Inc (NASDAQ:WBD)’s traded shares stood at 23.56 million during the latest session, with the company’s beta value hitting 1.51. At the last check today, the stock’s price was $11.27, to imply an increase of 7.33% or $0.77 in intraday trading. The WBD share’s 52-week high remains $12.70, putting it -12.69% down since that peak but still an impressive 41.08% since price per share fell to its 52-week low of $6.64.
Analysts have given a consensus recommendation of Buy for Warner Bros. Discovery Inc (WBD), translating to a mean rating of 2.26. Of 20 analyst(s) looking at the stock, 1 analyst(s) give WBD a Sell rating. 0 of those analysts rate the stock as Overweight while 6 advise Hold as 13 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.15.
Warner Bros. Discovery Inc (NASDAQ:WBD) trade information
After registering a 7.33% upside in the latest session, Warner Bros. Discovery Inc (WBD) has traded red over the past five days. The 5-day price performance for the stock is 2.08%, and 9.94% over 30 days. With these gigs, the year-to-date price performance is 6.61%.
The extremes give us $5 and $40 for target low and target high price respectively. As such, WBD has been trading -254.92% off suggested target high and 55.63% from its likely low.
Warner Bros. Discovery Inc (WBD) estimates and forecasts
The rating firms project that company’s revenue will grow 4.14% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 10.31B. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 10.28B.Earnings reports from the last fiscal year show that sales brought in 9.96B and 9.71B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 3.51% before jumping 5.81% in the following quarter.
WBD Dividends
Warner Bros. Discovery Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is BLACKROCK INC. with 165.19 million shares, or about 6.7618% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.23 billion.
We also have SPDR (R) Idx Shares-SPDR Communication Services Select Sector ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Warner Bros. Discovery Inc (WBD) shares. Going by data provided on Nov 30, 2024 , SPDR (R) Idx Shares-SPDR Communication Services Select Sector ETF holds roughly 71.19 shares. This is just over 2.90% of the total shares, with a market valuation of $815.17 million. Data from the same date shows that the other fund manager holds a little less at 70.04, or 2.85% of the shares, all valued at about 801.91 million.
