While Warner Music Group Corp has underperformed by -1.09%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WMG fell by -12.77%, with highs and lows ranging from $38.05 to $27.06, whereas the simple moving average jumped by 2.48% in the last 200 days.
On January 08, 2025, Guggenheim Reiterated Warner Music Group Corp (NASDAQ: WMG) to Buy. A report published by BofA Securities on October 04, 2024, Downgraded its rating to ‘Underperform’ for WMG. Wolfe Research also rated WMG shares as ‘Outperform’, setting a target price of $37 on the company’s shares in an initiating report dated July 12, 2024. Jefferies Initiated an Buy rating on July 11, 2024, and assigned a price target of $38. Redburn Atlantic July 10, 2024d its ‘Neutral’ rating to ‘Sell’ for WMG, as published in its report on July 10, 2024. Morgan Stanley’s report from May 06, 2024 suggests a price prediction of $43 for WMG shares, giving the stock a ‘Overweight’ rating. Redburn Atlantic also rated the stock as ‘Neutral’.
Analysis of Warner Music Group Corp (WMG)
A return on investment can be expected regardless of WMG’s performance over the next quarter with the dividend set at $0.70 per share. Further, the quarter-over-quarter increase in sales is 2.77%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Warner Music Group Corp’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 104.00% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.65, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and WMG is recording an average volume of 1.70M. On a monthly basis, the volatility of the stock is set at 2.73%, whereas on a weekly basis, it is put at 3.93%, with a loss of -1.49% over the past seven days. Furthermore, long-term investors anticipate a median target price of $35.62, showing growth from the present price of $31.75, which can serve as yet another indication of whether WMG is worth investing in or should be passed over.
How Do You Analyze Warner Music Group Corp Shares?
A leading company in the Entertainment sector, Warner Music Group Corp (WMG) is based in the USA. When comparing Warner Music Group Corp shares with other companies under Communication Services, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 38.29, there is a growth in quarterly earnings of -73.44%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 73.94%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 28.13% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WMG shares are owned by institutional investors to the tune of 28.13% at present.
