Are Things Looking Up For Warner Bros. Discovery Inc (NASDAQ: WBD)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted WARNER BROS. DISCOVERY TO REPORT FIRST-QUARTER 2024 RESULTS ON THURSDAY, MAY 9.

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Stocks Info

The company is listed on the NASDAQ and operates within the Entertainment industry segment. The current market capitalization of Warner Bros. Discovery Inc is $21.20B. A total of 26.27 million shares were traded on the day, compared to an average of 27.02M shares.

In the most recent transaction, ADVANCE/NEWHOUSE PARTNERSHIP bought 10,000,000 shares of WBD for 12.49 per share on Dec 14 ’23. After the transaction, the Director now owns 14,158,459 company shares. In a previous transaction on Dec 14 ’23, Newhouse Steven O bought 10,000,000 shares at 12.49 per share. WBD shares that Director owns now total 14,158,459.

Among the insiders who sold shares, Newhouse Steven O disposed of 10,000,000 shares on Dec 14 ’23 at a per-share price of $12.49. This resulted in the Director holding 184,023,290 shares of WBD after the transaction. In another insider transaction, ADVANCE/NEWHOUSE PROGRAMMING P sold 10,000,000 shares at $12.49 per share on Dec 14 ’23. Company shares held by the Director now total 184,023,290.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, WBD has a high of $15.56 and a low of $8.02.

As of this writing, WBD has an earnings estimate of -$0.22 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of -$0.03 per share and a lower estimate of -$0.47. The company reported an EPS of -$0.17 in the last quarter, which was -1,600.00% lower than expectations of -$0.01.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. WBD’s latest balance sheet shows that the firm has $3.90B in Cash & Short Term Investments as of fiscal 2021. There were $14.76B in debt and $3.46B in liabilities at the time. Its Book Value Per Share was $18.54, while its Total Shareholder’s Equity was $13.40B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WBD is Buy with a score of 3.88.

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