World Wrestling Entertainment, with ticker code (WWE) now have 9 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 130 and 68 calculating the mean target price we have $104.22. Given that the stocks previous close was at $107.17 this indicates there is a potential downside of -2.8%. The day 50 moving average is $92.46 while the 200 day moving average is $79.66. The total market capitalization for the company now stands at $8,075m. Visit the company website at: https://corporate.wwe.com
The potential market cap would be $7,853m based on the market consensus.
World Wrestling Entertainment, an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through three segments: Media, Live Events, and Consumer Products. The Media segment engages in the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, and digital and social media, as well as filmed entertainment. The Live Events segment is involved in the sale of tickets; provision of event services; and sale of travel packages related to its live events. The Consumer Products segment engages in merchandising of WWE branded products, such as video games, toys, and apparel through licensing arrangements and direct-to-consumer sales, as well as through e-commerce platforms. World Wrestling Entertainment was founded in 1980 and is headquartered in Stamford, Connecticut.
The company has a dividend yield of 0.45% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 47.37, revenue per share of 17.35 and a 15.27% return on assets.
