Warner Bros. Discovery Inc [NASDAQ: WBD] stock went on a downward path that fall over -3.36% on Friday, amounting to a one-week price increase of more than 13.23%.
Over the last 12 months, WBD stock rose by 1.60%. The one-year Warner Bros. Discovery Inc stock forecast points to a potential downside of -0.42. The average equity rating for WBD stock is currently 2.30, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $28.61 billion, with 2.45 billion shares outstanding and 2.22 billion shares in the current float. Compared to the average trading volume of 30.29M shares, WBD stock reached a trading volume of 36489415 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Warner Bros. Discovery Inc [WBD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WBD shares is $12.02 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WBD stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Warner Bros. Discovery Inc shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on November 11, 2024. While these analysts kept the previous recommendation, Bernstein raised their target price from $10 to $8. The new note on the price target was released on August 13, 2024, representing the official price target for Warner Bros. Discovery Inc stock. Previously, the target price had yet another raise to $9, while Macquarie analysts kept a Neutral rating on WBD stock. On July 16, 2024, analysts decreased their price target for WBD shares from 12 to 10.
The Average True Range (ATR) for Warner Bros. Discovery Inc is set at 0.51, with the Price to Sales ratio for WBD stock in the period of the last 12 months amounting to 0.72. The Price to Book ratio for the last quarter was 0.84, with the Price to Cash per share for the same quarter was set at 1.48. Price to Free Cash Flow for WBD in the course of the last twelve months was 5.39 with Quick ratio for the last quarter at 0.80.
WBD Stock Performance Analysis:
Warner Bros. Discovery Inc [WBD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.23. With this latest performance, WBD shares gained by 24.18% in over the last four-week period, additionally plugging by 66.71% over the last 6 months – not to mention a rise of 1.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WBD stock in for the last two-week period is set at 74.26, with the RSI for the last a single of trading hit 75.23, and the three-weeks RSI is set at 72.56 for Warner Bros. Discovery Inc [WBD]. The present Moving Average for the last 50 days of trading for this stock 9.06, while it was recorded at 11.37 for the last single week of trading, and 8.27 for the last 200 days.
Insight into Warner Bros. Discovery Inc Fundamentals:
Warner Bros. Discovery Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.
WBD Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WBD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Warner Bros. Discovery Inc go to 13.17%.
Warner Bros. Discovery Inc [WBD] Institutonal Ownership Details
There are presently around $64.19%, or 70.72%% of WBD stock, in the hands of institutional investors. The top three institutional holders of WBD stocks are: VANGUARD GROUP INC with ownership of 248.57 million shares, which is approximately 10.1749%. BLACKROCK INC., holding 165.19 million shares of the stock with an approximate value of $$1.23 billion in WBD stocks shares; and BLACKROCK INC., currently with $$1.08 billion in WBD stock with ownership which is approximately 5.9512%.
