FMP
Nov 24, 2022 2:07 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Warner Music Group Corp. (NASDAQ:WMG) shares gained nearly 20% since the company’s reported Q4 results on Tuesday, with both EPS of $0.28 and revenue of $1.5 billion coming in better than the Street estimates of $0.14 and $1.43 billion, respectively.
Analysts at Deutsche Bank view the quarterly results as representative of the company continuing on its path of steady, durable growth with a mostly favorable industry backdrop along with multiple high-margin growth vectors as music expands beyond traditional streaming platforms.
The analysts view management's commentary around streaming as incrementally positive, i.e., robust Q4 Recorded Music organic subscription streaming revenue growth in the low teens, after making adjustments for comparability year-over-year; and Publishing streaming growth of 30% year-over-year with strength across traditional and emerging platforms.
The analysts raised their price target to $37 from $30 on the company’s shares while maintaining their Buy rating.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...