Warner Bros. Discovery Inc (NASDAQ: WBD) is -7.95% lower on its value in year-to-date trading and has touched a low of $6.64 and a high of $12.70 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 $9.84 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $9.73, the stock is -8.22% and -4.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 29.27 million and changing -1.12% at the moment leaves the stock 15.13% off its SMA200. WBD registered -7.69% loss for a year compared to 6-month gain of 31.13%. The firm has a 50-day simple moving average (SMA 50) of $10.1116 and a 200-day simple moving average (SMA200) of $8.44575.
The stock witnessed a -10.07% loss in the last 1 month and extending the period to 3 months gives it a 29.39%, and is -10.16% down 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 4.31% over the week and 4.28% over the month.
Warner Bros. Discovery Inc (WBD) has around 35300 employees, a market worth around $23.87B and $39.56B in sales. Profit margin for the company is -28.37%. Distance from 52-week low is 46.54% and -23.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.53%).
with sales reaching $10.19B over the same period.The EPS is expected to shrink by -243.13% this year, but quarterly earnings will post -4.32% year-over-year. Quarterly sales are estimated to shrink -0.89% in year-over-year returns.
Warner Bros. Discovery Inc (WBD) Top Institutional Holders
1511.0 institutions hold shares in Warner Bros. Discovery Inc (WBD), with institutional investors hold 70.69% of the company’s shares. The shares outstanding are 2.45B, and float is at 2.22B with Short Float at 3.60%. Institutions hold 64.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 248.57 million shares valued at $1.85 billion. The investor’s holdings represent 10.1749% of the WBD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 165.19 million shares valued at $1.23 billion to account for 6.7618 of the shares outstanding. The other top investors are STATE STREET CORP which holds 145.39 million shares representing 5.9512% and valued at over $1.08 billion, while HARRIS ASSOCIATES L P holds 4.2788 of the shares totaling 104.53 million with a market value of $777.71 million.
Warner Bros. Discovery Inc (WBD) Insider Activity
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Warner Bros. Discovery Inc disclosed in a document filed with the SEC on Dec 13 ’24 that Sims Savalle (Chief Legal Officer) sold a total of 169,436 shares of the company’s common stock. The trade occurred on Dec 13 ’24 and was made at $12.36 per share for $2.09 million. Following the transaction, the insider now directly holds 0.6 million shares of the WBD stock.
Still, SEC filings show that on Dec 16 ’24, Zaslav David (Chief Executive Officer & Pres) disposed off 2,564,000 shares at an average price of $11.73 for $30.08 million. The insider now directly holds 3,453,591 shares of Warner Bros. Discovery Inc (WBD).
