Warner Music Group Corp (NASDAQ: WMG) is -6.74% lower on its value in year-to-date trading and has touched a low of $27.06 and a high of $36.64 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 WMG stock was last observed hovering at around $29.74 in the last trading session, with the day’s loss setting it -0.83%.
Currently trading at $28.91, the stock is -7.88% and -11.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing -2.79% at the moment leaves the stock -7.53% off its SMA200. WMG registered -17.87% loss for a year compared to 6-month gain of -6.62%. The firm has a 50-day simple moving average (SMA 50) of $32.8207 and a 200-day simple moving average (SMA200) of $31.264025.
The stock witnessed a -13.70% loss in the last 1 month and extending the period to 3 months gives it a -1.33%, and is -6.53% 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 5.94% over the week and 3.29% over the month.
Warner Music Group Corp (WMG) has around 5800 employees, a market worth around $15.04B and $6.34B in sales. Current P/E ratio is 29.66 and Fwd P/E is 19.28. Profit margin for the company is 7.96%. Distance from 52-week low is 6.84% and -21.10% from its 52-week high. The company has generated returns on investments over the last 12 months (10.69%).
with sales reaching $1.52B over the same period.The EPS is expected to grow by 2.75% this year, but quarterly earnings will post 1.29% year-over-year. Quarterly sales are estimated to grow 1.97% in year-over-year returns.
354.0 institutions hold shares in Warner Music Group Corp (WMG), with institutional investors hold 107.53% of the company’s shares. The shares outstanding are 144.30M, and float is at 136.01M with Short Float at 3.99%. Institutions hold 105.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.19 million shares valued at $404.38 million. The investor’s holdings represent 2.5478 of the WMG Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 13.27 million shares valued at $406.86 million to account for 1.2892 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 6.38 million shares representing 1.24 and valued at over $195.66 million, while BLACKROCK INC. holds 1.0666 of the shares totaling 10.98 million with a market value of $336.59 million.
Warner Music Group Corp (WMG) Insider Activity
The most recent transaction is an insider sale by Matusch Timothy, the company’s EVP Strategy & Operations. SEC filings show that Matusch Timothy sold 1,000 shares of the company’s common stock on Apr 02 ’25 at a price of $31.43 per share for a total of $31430.0. Following the sale, the insider now owns 87649.0 shares.
Still, SEC filings show that on Feb 20 ’25, Blavatnik Valentin (Director) disposed off 28,230 shares at an average price of $35.45 for $1.0 million. The insider now directly holds 68,264 shares of Warner Music Group Corp (WMG).
