Analysts Showing Discontent after Time Warner’s Q2 Report
Shareholder returns and stock trends
On August 4, 2016, Time Warner (TWX) stock closed at $77.88. It was trading 0.2% below its 20-day moving average of $78, 3.8% above its 50-day moving average of $75, and 3.8% above its 100-day moving average of $75.
The company generated returns of -2.4% for the trailing 12 months and 5.5% in the trailing one month. Its stock rose 0.3% in the trailing five-day period. Peers CBS (CBS), The Walt Disney Company (DIS), and 21st Century Fox (FOXA) generated returns of -4.4%, -0.8%, and -4.4%, respectively, in the trailing five-day period.
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Of the 39 analysts covering Time Warner, 26 gave it a “buy” recommendation, and 13 gave it a “hold.” There were no “sell” recommendations. The analyst stock price target is $87.60 with a median target estimate of $87.50. The company is trading at a discount of 12% to its median target.
Time Warner makes up 0.33% of the SPDR S&P 500 ETF (SPY). SPY has 3.6% exposure to the computers sector.