Wbd stock price forecast analysts monitoring peer performance in

Analysts monitoring peer performance in the streaming market believe the wbd stock price forecast could benefit from competitive pricing strategies, potentially driving incremental ARPU gains in high-growth geographies. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Warner Bros. Discovery ( NASDAQ:WBD - Get Free Report ) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.79. The company had revenue of $9.81 billion during the quarter, compared to analysts' expectations of $9.73 billion. Warner Bros. Discovery had a net margin of 2.00% and a return on equity of 2.14%. The business's quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($4.07) earnings per share. Equities analysts predict that Warner Bros. Discovery will post -4.33 EPS for the current year. Insider Activity Can Disney’s Entertainment Division Overtake Its Theme Parks? In other news, CFO Gunnar Wiedenfels sold 530,793 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $19.50, for a total value of $10,350,463.50. Following the completion of the transaction, the chief financial officer directly owned 1,141,150 shares of the company's stock, valued at approximately $22,252,425. This represents a 31.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, Director Anton J. Levy purchased 75,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The stock was bought at an average cost of $11.00 per share, for a total transaction of $825,000.00. Following the purchase, the director owned 949,000 shares in the company, valued at $10,439,000. This represents a 8.58% increase in their ownership of the stock. The disclosure for this purchase can be found here . In the last ninety days, insiders have sold 970,115 shares of company stock worth $17,818,490. Company insiders own 1.90% of the company's stock. Institutional Inflows and Outflows A number of institutional investors have recently made changes to their positions in the business. Norges Bank bought a new position in Warner Bros. Discovery in the 2nd quarter valued at $306,848,000. Independent Franchise Partners LLP bought a new stake in shares of Warner Bros. Discovery during the first quarter worth $140,224,000. Nuveen LLC bought a new position in Warner Bros. Discovery in the first quarter valued at about $96,971,000. Sound Shore Management Inc CT bought a new position in Warner Bros. Discovery in the second quarter valued at about $97,951,000. Finally, Maverick Capital Ltd. acquired a new stake in Warner Bros. Discovery in the second quarter worth about $77,896,000. 59.95% of the stock is owned by institutional investors. Warner Bros. Discovery Company Profile ( Get Free Report ) Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. See Also Five stocks we like better than Warner Bros. Discovery Do ETFs Pay Dividends? What You Need to Know Why GlobalFoundries Just Became a Geopolitical Power Play What is Insider Trading? What You Can Learn from Insider Trading 3 Stocks Using Buybacks to Drive Sustainable Price Growth What is a penny stock? A comprehensive guide Why These 3 Tech Stocks Deserve Your Attention in Q4 This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Warner Bros. Discovery Right Now? Before you consider Warner Bros. Discovery, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Warner Bros. Discovery wasn't on the list. While Warner Bros. Discovery currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here 5G Stocks: The Path Forward is Profitable Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report The wbd stock price forecast is balancing near-term earnings headwinds against longer-term growth catalysts, including international market penetration and content licensing revenues.