Other research analysts have also issued research reports about the company. Barrington Research reissued a buy rating on shares of Time Warner in a research note on Thursday, April 26th. Loop Capital initiated coverage on Time Warner in a research note on Thursday, March 15th. They set a buy rating and a $107.50 price target on the stock. UBS Group raised Time Warner from a neutral rating to a buy rating and increased their price target for the stock from $95.26 to $108.00 in a research note on Monday, March 12th. Zacks Investment Research lowered Time Warner from a buy rating to a hold rating in a research note on Tuesday, May 1st. Finally, Barclays reissued a hold rating and set a $98.00 price target on shares of Time Warner in a research note on Monday, April 30th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of $103.42.
TWX stock opened at $98.77 on Wednesday. Time Warner has a 1 year low of $85.88 and a 1 year high of $103.90. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.01 and a current ratio of 1.17. The company has a market capitalization of $77.27 billion, a P/E ratio of 15.38, a P/E/G ratio of 1.82 and a beta of 0.88.
Time Warner (NYSE:TWX) last posted its earnings results on Thursday, April 26th. The media conglomerate reported $2.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.54. Time Warner had a return on equity of 19.99% and a net margin of 17.33%. The firm had revenue of $8 billion for the quarter, compared to analyst estimates of $7.93 billion. During the same quarter in the prior year, the company earned $1.66 EPS. Time Warner’s revenue was up 3.4% on a year-over-year basis. analysts expect that Time Warner will post 8.16 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mount Yale Investment Advisors LLC acquired a new stake in Time Warner in the 1st quarter valued at $394,000. Winthrop Partners WNY LLC grew its stake in shares of Time Warner by 7.1% during the first quarter. Winthrop Partners WNY LLC now owns 10,123 shares of the media conglomerate’s stock valued at $967,000 after acquiring an additional 671 shares in the last quarter. Suntrust Banks Inc. grew its stake in shares of Time Warner by 15.5% during the first quarter. Suntrust Banks Inc. now owns 29,032 shares of the media conglomerate’s stock valued at $2,745,000 after acquiring an additional 3,897 shares in the last quarter. Summit Trail Advisors LLC grew its stake in shares of Time Warner by 36.4% during the first quarter. Summit Trail Advisors LLC now owns 4,478 shares of the media conglomerate’s stock valued at $414,000 after acquiring an additional 1,195 shares in the last quarter. Finally, Burren Capital Advisors Ltd grew its stake in shares of Time Warner by 3.8% during the first quarter. Burren Capital Advisors Ltd now owns 30,800 shares of the media conglomerate’s stock valued at $2,913,000 after acquiring an additional 1,120 shares in the last quarter. Hedge funds and other institutional investors own 78.93% of the company’s stock.
About Time Warner
Time Warner Inc operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment creates and programs branded news, entertainment, sports, and kids multi-platform content for consumers.
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