W1MG34 Stock Overview
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Warner Music Group Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$42.72 |
| 52 Week High | US$50.00 |
| 52 Week Low | US$29.70 |
| Beta | 1.46 |
| 1 Month Change | 1.81% |
| 3 Month Change | -6.01% |
| 1 Year Change | 20.00% |
| 3 Year Change | -13.35% |
| 5 Year Change | n/a |
| Change since IPO | 5.52% |
Recent News & Updates
Recent updates
Shareholder Returns
| W1MG34 | BR Entertainment | BR Market | |
|---|---|---|---|
| 7D | 3.2% | -1.0% | 0.5% |
| 1Y | 20.0% | 36.2% | 16.7% |
Return vs Industry: W1MG34 underperformed the BR Entertainment industry which returned 36.2% over the past year.
Return vs Market: W1MG34 exceeded the BR Market which returned 16.7% over the past year.
Price Volatility
| W1MG34 volatility | |
|---|---|
| W1MG34 Average Weekly Movement | 3.8% |
| Entertainment Industry Average Movement | 6.7% |
| Market Average Movement | 4.7% |
| 10% most volatile stocks in BR Market | 8.6% |
| 10% least volatile stocks in BR Market | 2.3% |
Stable Share Price: W1MG34 has not had significant price volatility in the past 3 months.
Volatility Over Time: W1MG34's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1929 | 5,900 | Robert Kyncl | www.wmg.com |
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin’ Records, Warner Classics, and Warner Music Nashville.
Warner Music Group Corp. Fundamentals Summary
| W1MG34 fundamental statistics | |
|---|---|
| Market cap | R$88.70b |
| Earnings (TTM) | R$2.39b |
| Revenue (TTM) | R$32.68b |
37.6x
P/E Ratio2.7x
P/S RatioIs W1MG34 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| W1MG34 income statement (TTM) | |
|---|---|
| Revenue | US$6.30b |
| Cost of Revenue | US$3.30b |
| Gross Profit | US$3.00b |
| Other Expenses | US$2.54b |
| Earnings | US$461.00m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 09, 2024
| Earnings per share (EPS) | 0.89 |
| Gross Margin | 47.66% |
| Net Profit Margin | 7.32% |
| Debt/Equity Ratio | 650.0% |
How did W1MG34 perform over the long term?
See historical performance and comparison