Time Warner Inc (NYSE:TWX) shares traded 0.27% up during most recent session to reach at the closing price of $97.01. The stock exchanged hands 4.58 Million shares versus average trading capacity of 3.07 Million shares, yielding a market cap of $75.23 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $106.31 within the next 52-weeks. The mean target projections are based on 27 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Time Warner Inc (NYSE:TWX) high price target of $110 and with a conservative view have low price target of $95.
Pivotal Research “Downgrades” Time Warner Inc (NYSE:TWX) in a research note issued to investors on 4/20/17 to Hold with price target of $107.5.
Additionally on 4/04/17 Rosenblatt “Initiates Coverage On” Time Warner Inc (NYSE:TWX) to Neutral setting price target at $105 and on 3/06/17 UBS “Downgrades” the stock to Neutral at $0. Furthermore on 3/02/17 Loop Capital “Downgrades” the stock to Hold at $107.5.
On the other hand the company has Relative Strength Index (RSI 14) of 34.25 along with Average True Range (ATR 14) of 0.77, Consequently Time Warner Inc (NYSE:TWX)’s weekly and monthly volatility is 0.82%, 0.76% respectively. The company’s beta value is at 1.1.
In terms of Buy, Sell or Hold recommendations, Time Warner Inc (NYSE:TWX) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Time Warner Inc (NYSE:TWX)’s minimum EPS for the current quarter is at $1.14 and can go high up to $1.33. The consensus mean EPS for the current quarter is at $1.18 derived from a total of 27 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.29 earnings per share for the same quarter during last year.
Previously Time Warner Inc (NYSE:TWX) reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.21. The company posted an earnings surprise of 14.5%.
While considering growth estimates of the company, it has next quarter growth estimates of -8.2% whereas during current quarter it has -8.5% estimations over growth, comparing to the estimations of 8.8% during current year and 8.9% for next year. Past 5 years growth of Time Warner Inc (NYSE:TWX) observed at 15.35%, looking forward for the next 5 years it has a strong prediction of 11.11% over growth.
Time Warner Inc (NYSE:TWX)’s revenue estimates for the current quarter are $7.31 Billion according to 26 number of analysts, for the current quarter the company has high revenue estimates of $7.71 Billion in contradiction of low revenue estimates of $6.99 Billion. For the current year the company’s revenue estimates are $30.92 Billion compared to low analyst estimates of $30.63 Billion and high estimates of $31.26 Billion according to 27 number of analysts.
Currently Time Warner Inc (NYSE:TWX)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 82.6%. However the six-month change in the insider ownership was recorded -18.21%, as well as three-month change in the institutional ownership was recorded -2.27%.
Time Warner Inc (NYSE:TWX) 52-week high price stands at $100.60 and low price stands at $68.04, its price distance from 52-week high is -3.57% while its distance from 52-week low price is 42.58%. The stock hit its 52-week high on 04/25/17, and 52-week low on 06/27/16.
Time Warner Inc (NYSE:TWX)’s trailing twelve month revenues are $29.75 Billion, whereas its price to sales ratio for the same period is 2.53. Its book value per share for the most recent quarter is $32.87 while its price to book ratio for the same period is 2.95, as for as the company’s cash per share for the most recent quarter is $1.87, however its price to cash per share ratio for the same period is 51.95. The stock has 5 year expected PEG ratio of 1.65 whereas its trailing twelve month P/E ratio is 18.34.