Warner Music Group Corp (NASDAQ: WMG) is -3.06% 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 $30.45 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $30.05, the stock is 2.67% and -4.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing -1.31% at the moment leaves the stock -3.61% off its SMA200. WMG registered -8.44% loss for a year compared to 6-month loss of -6.18%. The firm has a 50-day simple moving average (SMA 50) of $31.6214 and a 200-day simple moving average (SMA200) of $31.174925.
The stock witnessed a -4.05% gain in the last 1 month and extending the period to 3 months gives it a -6.76%, and is 2.84% 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 2.85% over the week and 3.51% over the month.
Warner Music Group Corp (WMG) has around 5800 employees, a market worth around $15.64B and $6.34B in sales. Current P/E ratio is 30.83 and Fwd P/E is 20.30. Profit margin for the company is 7.96%. Distance from 52-week low is 11.05% and -17.99% 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 2.88% this year, but quarterly earnings will post 0.99% year-over-year. Quarterly sales are estimated to grow 1.81% in year-over-year returns.
347.0 institutions hold shares in Warner Music Group Corp (WMG), with institutional investors hold 106.75% of the company’s shares. The shares outstanding are 144.30M, and float is at 136.01M with Short Float at 3.42%. Institutions hold 104.80% of the Float.
The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 13.27 million shares valued at $406.86 million. The investor’s holdings represent 1.2892 of the WMG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.19 million shares valued at $404.38 million to account for 1.2814 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).
