[at Forbes] – Time Warner reports its third quarter earnings on Wednesday, November 6, 2013, and the consensus earnings per share estimate is 89 cents per share. Over the past month, the consensus estimate has risen from 88 cents, but it’s below the estimate of 94 cents from three months ago. Analysts are expecting […]
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Time Warner Inc. (TWX), with a current market cap of $63.12B, started the session at $68.98.
Looking at the stock, its one day range is $68.27 to $68.98 with the price of the stock fluctuating between $42.61 to $70.69 over the last 52 weeks.
TWX shares are currently priced at 17.35x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 29.36x forward p/e ratio.
And for income investors, the company pays shareholders $1.15 per share annually in dividends, yielding 1.70%.
Consensus earnings for the current quarter by the 29 sell-side analysts covering the stock is an estimate of $0.94 per share, which would be $0.08 better than the year-ago quarter and a $0.01 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $3.68, which would be a $0.40 better when compared to the last year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $7.05 Billion. If reported, that would be a 3.07% increase over the year-ago quarter.
In terms of ratings, FBR Capital Initiated TWX at Outperform (Oct 25, 2013). Previously, Argus upgraded TWX from Hold to Buy.
When considering if the stock is under or overvalued, the average price target is $73.48, which is 6.52% above where the stock opened this morning.
Time Warner Inc. (NYSE:TWX), operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment and Publishing.
Tag Helper ~ Stock Code: TWX | Common Company name: Time Warner | Full Company name: Time Warner Inc. (NYSE:TWX) .
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