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Warner Music Group (DE:WA4)
FRANKFURT:WA4
Warner Music Group (WA4) Stock Price & Analysis
0 Followers
WA4 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€24.60 - €34.65
Previous Close€28.5
Volume100.00
Average Volume (3M)39.00
Market Cap
€14.47B
Enterprise Value€17.92B
Total Cash (Recent Filing)$754.00M
Total Debt (Recent Filing)$4.30B
Price to Earnings (P/E)―
Beta0.40
Next Earnings
Aug 06, 2024EPS Estimate
€0.26Last Dividend Ex-Date
May 22, 2024Dividend Yield2.24%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. Volume39
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.85
Enterprise Value/Gross Profit6.26
Enterprise Value/Ebitda15.31
Forecast
1Y Price Target
€34.91Price Target Upside22.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Warner Music Group News
Bulls Say, Bears Say
Bulls Say
ProfitabilityProfitability (adj. OIBDA) grew 9% to $312m, representing a 21% margin, ahead of the $273m estimate.
Revenue GrowthPrice increases and enhanced artist-centric royalty methods are expected to boost revenue growth.
Streaming GrowthForward commentary supports double-digit streaming revenue growth, continued margin expansion, and robust Free Cash Flow generation.
Bears Say
Financial PerformanceAd-supported revenue grew a tepid 4.4%, a material deceleration from 10% in the prior quarter.
OutlookModestly reduce outlook for Revenue and Adjusted OIBDA in FY2024+ to reflect FY2Q24 results and management commentary on streaming growth.
Revenue GrowthUnderperformance in Recorded Music Streaming Revenue growth was the main factor that drove underperformance in shares of Warner Music Group post earnings.
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Options Prices
Currently, No data available
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Ownership Overview
7.96% Insiders
38.19% Mutual Funds
16.99% Other Institutional Investors
36.85% Public Companies and
Individual Investors
WA4 FAQ
What was Warner Music Group’s price range in the past 12 months?
Warner Music Group lowest stock price was €24.60 and its highest was €34.65 in the past 12 months.
What is Warner Music Group’s market cap?
Currently, no data Available
When is Warner Music Group’s upcoming earnings report date?
Warner Music Group’s upcoming earnings report date is Aug 06, 2024 which is in 29 days.
How were Warner Music Group’s earnings last quarter?
Warner Music Group released its earnings results on May 09, 2024. The company reported €0.327 earnings per share for the quarter, beating the consensus estimate of €0.19 by €0.137.
Is Warner Music Group overvalued?
According to Wall Street analysts Warner Music Group’s price is currently Undervalued.
Does Warner Music Group pay dividends?
Warner Music Group pays a Quarterly dividend of €0.16 which represents an annual dividend yield of 2.24%. See more information on Warner Music Group dividends here
What is Warner Music Group’s EPS estimate?
Warner Music Group’s EPS estimate is €0.26.
How many shares outstanding does Warner Music Group have?
Warner Music Group has 141,598,720 shares outstanding.
What happened to Warner Music Group’s price movement after its last earnings report?
Warner Music Group reported an EPS of €0.327 in its last earnings report, beating expectations of €0.19. Following the earnings report the stock price went up 1.451%.
Which hedge fund is a major shareholder of Warner Music Group?
Among the largest hedge funds holding Warner Music Group’s share is Southeastern Asset Management Inc. It holds Warner Music Group’s shares valued at 76M.
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Warner Music Group Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€34.91 (22.49% Upside)
€34.91 (22.49% Upside)
Blogger Sentiment
Bullish
DE:WA4 Sentiment 80%
Sector Average 65%
Sector Average 65%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
19.15%
12-Months-Change
Fundamentals
Return on Equity
152.41%
Trailing 12-Months
Asset Growth
9.00%
Trailing 12-Months
Company Description
Warner Music Group
With about $3.5 billion in revenue, Warner Music Group is one of the largest music companies in the world. More than 80% of Warner's revenue comes from recorded music, while the remainder is generated from music publishing.
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WA4 Company Deck
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WA4 Earnings Call
Q2 2024
0:00 / 0:00
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WA4 Stock 12 Month Forecast
Average Price Target
€34.91
▲(22.49% Upside)
Technical Analysis
Warner Music Group
―
Alphabet Class A
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Lions Gate Entertainment Class A
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IMAX
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Live Nation Entertainment
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Best Analysts Covering WA4
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+5.61%
reiterated a buy rating 3 months ago
Copying Michael Morris's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +5.61% per trade.
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