For its third fiscal quarter (ending September 30), Warner Bros. Discovery Inc (NASDAQ: WBD) has reported a -135% decline in E.P.S. from $-0.17 a year ago to $0.06 in the current quarter. E.P.S. were $-4.58 for the latest four quarters through September 30 versus $-1.98 for the same period a year ago — an increase of 131%.
Recent Price Action
Warner Bros. Discovery Inc (NASDAQ: WBD) stock enjoyed a major increase of 11.8% on 11/7/24. The shares closed at $9.37. Moreover, trading volume in this advance was exceptionally high at 250% of normal. The stock has risen 20.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WBD is expected to continue to be a Value Builder.
Warner Bros. Discovery has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Warner Bros. Discovery has a very high Appreciation Score of 97 but a neutral Power Rating of 47, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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