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Warner Music Group (WMG)
NASDAQ:WMG
RESEARCH TOOLSreports
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WMG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$27.06 - $38.05
Previous CloseN/A
Volume1.85M
Average Volume (3M)1.66M
Market Cap
$15.33B
Enterprise Value$19.96B
Total Cash (Recent Filing)$647.00M
Total Debt (Recent Filing)$2.81B
Price to Earnings (P/E)35.7
Beta0.81
Next Earnings
Feb 06, 2025EPS Estimate
0.36Last Dividend Ex-Date
Nov 19, 2024Dividend Yield2.36%
Share Statistics
EPS (TTM)0.83
Shares Outstanding142,614,120
10 Day Avg. Volume2,045,141
30 Day Avg. Volume1,661,479
Standard Deviation0.11
R-Squared0.35
Alpha-0.00943
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.39
Price to Cash Flow (P/CF)12.60
P/FCF Ratio15.30
Enterprise Value/Market Cap1.30
Enterprise Value/Revenue3.06
Enterprise Value/Gross Profit6.50
Enterprise Value/Ebitda16.66
Forecast
1Y Price Target
$35.85Price Target Upside19.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Warner Music Group News
PremiumCompany Announcements
Warner Music Group Updates CEO Compensation Structure
Bulls Say, Bears Say
Bulls Say
Financial PerformanceWarner Music Group reported F4Q24 results which beat revenue and OIBDA expectations.
Market Share And Revenue GrowthRecent strong releases have led to market share gains among Spotify's top listenership for Warner Music Group.
Strategic Outlook And GrowthWMG is seen as having a unique asset with the ability to continue delivering double-digit adjusted operating income growth with consistent free cash flow conversion.
Bears Say
Digital StreamingThere is a need for greater evidence of sustainable and visible growth in recorded music digital streaming to improve stock outlook.
Financial PerformanceFX volatility is expected to have an adverse impact on Warner Music Group's financial margins.
RevenueRecorded music digital streaming revenue was slightly below Street expectations, contributing to a negative share price reaction.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
WMG FAQ
What was Warner Music Group’s price range in the past 12 months?
Warner Music Group lowest stock price was $27.06 and its highest was $38.05 in the past 12 months.
What is Warner Music Group’s market cap?
Warner Music Group’s market cap is $15.33B.
When is Warner Music Group’s upcoming earnings report date?
Warner Music Group’s upcoming earnings report date is Feb 06, 2025 which is in 20 days.
How were Warner Music Group’s earnings last quarter?
Warner Music Group released its earnings results on Nov 21, 2024. The company reported $0.423 earnings per share for the quarter, beating the consensus estimate of $0.289 by $0.134.
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 $0.7 which represents an annual dividend yield of 2.36%. See more information on Warner Music Group dividends here
What is Warner Music Group’s EPS estimate?
Warner Music Group’s EPS estimate is 0.36.
How many shares outstanding does Warner Music Group have?
Warner Music Group has 142,614,120 shares outstanding.
What happened to Warner Music Group’s price movement after its last earnings report?
Warner Music Group reported an EPS of $0.423 in its last earnings report, beating expectations of $0.289. Following the earnings report the stock price went down -7.395%.
Which hedge fund is a major shareholder of Warner Music Group?
Currently, no hedge funds are holding shares in WMG
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Warner Music Group Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$35.85 (19.38% Upside)
$35.85 (19.38% Upside)
Blogger Sentiment
Bullish
WMG Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 2.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.60%
12-Months-Change
Fundamentals
Return on Equity
104.00%
Trailing 12-Months
Asset Growth
7.14%
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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WMG Company Deck
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WMG Earnings Call
Q4 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call for WMG presented a strong performance in both Q4 and the full year, with robust growth in streaming and music publishing revenues. Strategic expansions and investments were highlighted, alongside a share repurchase program indicating confidence in future growth. However, there were challenges in ad-supported streaming and physical sales, alongside a decrease in operating cash flow for Q4.Read More>---
WMG Stock 12 Month Forecast
Average Price Target
$35.85
▲(19.38% Upside)
Technical Analysis
Spotify Technology SA
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Sirius XM Holdings
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Live Nation Entertainment
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Walt Disney
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Roku
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Best Analysts Covering WMG
1 Year
1 Year Success Rate
9/11 ratings generated profit
1 Year Average Return
+5.73%
reiterated a buy rating 9 days ago
Copying Michael Morris's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +5.73% per trade.
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