Reassessing The Changing Outlook For Warner Bros. Discovery Inc (WBD)

Currently, there are 2.44B common shares owned by the public and among those 2.22B shares have been available to trade.

The company’s stock has a 5-day price change of 11.54% and 36.81% over the past three months. WBD shares are trading -19.33% year to date (YTD), with the 12-month market performance down to -2.34% lower. It has a 12-month low price of $6.64 and touched a high of $12.70 over the same period. WBD has an average intraday trading volume of 30.57 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 15.57%, 16.21%, and 12.07% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Warner Bros. Discovery Inc (NASDAQ: WBD) shares accounts for 61.00% of the company’s 2.44B shares outstanding.

It has a market capitalization of $22.06B and a beta (3y monthly) value of 1.48. The earnings-per-share (ttm) stands at -$4.58. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.42% over the week and 4.07% over the month.

Earnings per share for the fiscal year are expected to decrease by -194.80%, and 96.74% over the next financial year.

Looking at the support for the WBD, a number of firms have released research notes about the stock. Bernstein stated their Mkt Perform rating for the stock in a research note on August 13, 2024, with the firm’s price target at $10-$8. Macquarie coverage for the Warner Bros. Discovery Inc (WBD) stock in a research note released on July 25, 2024 offered a Neutral rating with a price target of $9. Evercore ISI was of a view on July 16, 2024 that the stock is Outperform, while Goldman gave the stock Neutral rating on June 25, 2024, issuing a price target of $8.50. KeyBanc Capital Markets on their part issued Overweight rating on May 10, 2024.

Most Popular

Related Posts