Impact of Brokerage Rating on Time Warner Inc.(TWX)
- Author: Zachary Reyes Feb 16, 2017,
Feb 16, 2017, 17:55
During the same quarter a year ago, the business posted $1.06 earnings per share. Tradewinds Capital Management LLC now owns 1,413 shares of the media conglomerate's stock worth $112,000 after buying an additional 555 shares during the period. Hall Laurie J Trustee purchased a new stake in shares of Time Warner during the fourth quarter worth approximately $5,386,000. Stock's 52-week target was retained at $102.38, the estimates indicates a standard deviation of 7.59. Tradewinds Capital Management LLC now owns 1,413 shares of the media conglomerate's stock valued at $112,000 after buying an additional 555 shares during the period. During the trading on 02/15/2017, Company's stock ranged from $65.24 to $65.95. Cornerstone Advisors Inc. raised its stake in Time Warner by 146.4% in the third quarter. (NYSE:TWX) opened at 96.39 on Wednesday. The stock has a market capitalization of $74.41 billion, a PE ratio of 19.46 and a beta of 1.09. Time Warner Inc (NYSE:TWX)'s shares are now trading -0.99% away from the 52-week high price of $97.35 and +58.22% far from the 52-week low price of $60.92.
The stock price of firm is moving down from its 20 days moving average with -1.58% and remote isolated negatively from 50 days moving average with -0.94%.
Time Warner (NYSE:TWX) last posted its quarterly earnings results on Wednesday, February 8th. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 1.50 earnings per share.
According to 27 analysts, Time Warner Inc (NYSE:TWX)'s revenue estimates for the current quarter are $7.69B meanwhile the company has high revenue estimates of $7.93B in contradiction of low revenue estimates of $7.54B. They are projecting Next Quarter growth of 1.6%. The company's quarterly revenue was up 11.5% on a year-over-year basis. Time Warner Inc was Downgraded by MoffettNathanson to Neutral on Feb 1, 2017. Investors of record on Tuesday, February 28th will be paid a dividend of $0.4025 per share. This represents a $1.61 annualized dividend and a yield of 1.67%. The ex-dividend date is Friday, February 24th. Time Warner's dividend payout ratio is now 32.59%.
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A number of equities analysts have recently issued reports on TWX shares. The stock gained 0.91% in total of its share price.
Time Warner Inc. (NYSE:TWX) has received a short term rating of hold from experts at Zacks with a rank of 3. Most recently on 2/9/17 the stock of Time Warner Inc (NYSE:TWX) downgraded by Drexel Hamilton from Buy to Hold.
Some buy side analysts are also providing their Analysis on Time Warner Inc., where 7 analysts have rated the stock as Strong buy, 12 analysts have given a Buy signal, 15 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell.
NLSN is ahead its 52-week low with 11.15%and going down from its 52-week high price with -18.93%.