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Warner Bros. Discovery Inc (WBD) Stock Could Soon Reward Patient Investors

Warner Bros. Discovery Inc (NASDAQ: WBD) is -35.50% lower on its value in year-to-date trading and has touched a low of $6.94 and a high of $14.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WBD stock was last observed hovering at around $7.11 in the last trading session, with the day’s gains setting it 0.23%.

Currently trading at $7.34, the stock is -0.53% and -5.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 29.16 million and changing 3.23% at the moment leaves the stock -22.59% off its SMA200. WBD registered -41.47% loss for a year compared to 6-month loss of -34.46%.

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The stock witnessed a -11.99% gain in the last 1 month and extending the period to 3 months gives it a -13.85%, and is 3.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.29% over the week and 3.37% over the month.

Warner Bros. Discovery Inc (WBD) has around 35300 employees, a market worth around $17.99B and $40.58B in sales. Fwd P/E is 85.62. Profit margin for the company is -7.46%. Distance from 52-week low is 5.76% and -50.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.63%).

with sales reaching $10.29B over the same period.The EPS is expected to grow by 45.85% this year, but quarterly earnings will post -0.50% year-over-year. Quarterly sales are estimated to shrink -1.40% in year-over-year returns.

Warner Bros. Discovery Inc (WBD) Top Institutional Holders

The shares outstanding are 2.44B, and float is at 2.22B with Short Float at 5.40%.

Warner Bros. Discovery Inc (WBD) Insider Activity

The most recent transaction is an insider purchase by Zeiler Gerhard,the company’sPresident, International. SEC filings show that Zeiler Gerhard bought 100,000 shares of the company’s common stock on May 13 ’24 at a price of $8.30 per share for a total of $0.83 million. Following the purchase, the insider now owns 0.91 million shares.

Warner Bros. Discovery Inc disclosed in a document filed with the SEC on Dec 14 ’23 that ADVANCE/NEWHOUSE PARTNERSHIP (Director) bought a total of 10,000,000 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $12.49 per share for $124.9 million. Following the transaction, the insider now directly holds 14.16 million shares of the WBD stock.

Still, SEC filings show that on Dec 14 ’23, Newhouse Steven O (Director) acquired 10,000,000 shares at an average price of $12.49 for $124.9 million. The insider now directly holds 14,158,459 shares of Warner Bros. Discovery Inc (WBD).

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