Warner Music Stock Fair Value Calculator – Rhumbline Advisers dramatically increases stake in Warner Music Group Corp. in 2nd quarter

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Warner Music ($NASDAQ:WMG) Group Corp. is an American multinational record label and entertainment company, known for being one of the “big three” major record labels alongside Universal Music Group and Sony Music Entertainment. As a publicly traded company, Warner Music Group’s stock performance is often closely monitored by investors and financial institutions. The firm’s 13F filing is a quarterly report that discloses the firm’s investment holdings, giving insight into their portfolio changes and stock purchases or sales. In the second quarter of this year, Rhumbline Advisers made a significant move by dramatically increasing their stake in Warner Music Group. This means that the firm has significantly increased its ownership percentage in the company, potentially signaling confidence in the company’s future growth. This represents an impressive increase of 2,272.1%, making Rhumbline Advisers one of the top institutional shareholders of the company. This move by Rhumbline Advisers could be seen as a positive indicator for the music company’s performance and future prospects.

It also suggests that the investment firm has recognized potential value in Warner Music Group’s stock, leading them to increase their stake. Moreover, this news may also be encouraging for other investors who are considering investing in Warner Music Group. The increase in ownership by a reputable investment firm like Rhumbline Advisers could signal to other investors that the company’s stock may be undervalued and have potential for growth. In conclusion, Rhumbline Advisers’ significant increase in stake in Warner Music Group in the second quarter is a notable development for both the company and its investors. It reflects positive sentiment and confidence in the company’s future prospects, potentially leading to a boost in the stock’s performance and attracting more investors to the company.

Share Price

In the second quarter of the year, Rhumbline Advisers made a bold move by significantly increasing their stake in Warner Music Group Corp. This news was announced on Friday, when Warner Music’s stock opened at $28.66 and closed at $29.02, marking a 1.58% increase from the previous closing price of $28.57. It also reflects their belief in the company’s current performance and the potential for growth in the music industry as a whole. This move by Rhumbline Advisers surely comes as positive news for Warner Music and its investors. This increase in stake also highlights the ongoing trend of investor interest in the music industry, especially in companies like Warner Music that have a diverse portfolio and a strong track record of success. This also serves as a testament to the resilience and adaptability of the music industry, which has seen significant changes and challenges in recent years. Warner Music’s stock performance throughout the second quarter has been relatively stable, with a slight increase in share price during this period. This may have been one of the factors that prompted Rhumbline Advisers to increase their stake.

However, it is worth noting that the music industry is subject to fluctuations and uncertainties, and these should be taken into consideration when evaluating investment decisions. It will be interesting to see how this move will impact Warner Music’s future performance and whether it will attract further attention from other investors in the market. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Warner Music. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Warner Music. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Warner Music. More…

Key Ratios Snapshot

Some of the financial key ratios for Warner Music are shown below. More…

Analysis – Warner Music Stock Fair Value Calculator

As a team at GoodWhale, we have delved into an in-depth analysis of the wellbeing of Warner Music, a leading media and entertainment company. Our research has yielded valuable insights into the company’s financial performance and overall health. One of the key findings of our analysis is related to the intrinsic value of WARNER MUSIC share. Based on our proprietary Valuation Line method, we have calculated that the intrinsic value of Warner Music’s share is approximately $36.7. This means that the stock is currently undervalued, presenting a potential opportunity for investors. At the time of our analysis, WARNER MUSIC stock was trading at $29.02, which indicates an undervaluation of 21.0%. This undervaluation further supports our assessment of the company’s potential for growth and profitability. Our team has also closely examined the financials of Warner Music and found that the company has a strong financial position. With a well-diversified revenue stream and steady growth in recent years, Warner Music is well-equipped to navigate the challenges of the entertainment industry. In conclusion, our analysis shows that Warner Music is a sound investment opportunity, with its current stock price not fully reflecting its true value. We believe that with its robust financials and potential for future growth, Warner Music is poised for continued success in the media and entertainment industry. More…

Peers

The company operates through three segments: Recorded Music, Music Publishing, and Live Entertainment. The Recorded Music segment consists of recorded music labels and distribution companies. The Music Publishing segment consists of music publishing companies. The Live Entertainment segment consists of live music promoters, artist management companies, and e-commerce businesses. The company’s competitors include Universal Music Group NV, Live Nation Entertainment Inc, Boat Rocker Media Inc.

– Universal Music Group NV ($OTCPK:UMGNF)

As of 2022, Universal Music Group has a market capitalization of 33.37 billion dollars and a return on equity of 23.73%. Universal Music Group is a French-owned multinational music corporation that is the largest of the “big three” record companies in the world. The company produces and distributes recorded music through a network of subsidiaries and affiliates, and also engages in music publishing and merchandising. Universal Music Group owns the world’s largest music catalogue, which includes the works of some of the most popular and influential artists of all time. The company’s artists include Drake, Taylor Swift, Kendrick Lamar, and Lady Gaga.

– Live Nation Entertainment Inc ($NYSE:LYV)

Live Nation Entertainment Inc is a global entertainment company that operates in the concert, ticketing, and artist management businesses. The company has a market cap of 18.14B as of 2022 and a Return on Equity of -55.8%. Live Nation is the largest concert promoter in the world and also owns and operates Ticketmaster, the largest ticketing company in the world. The company also owns a number of music festivals, including Lollapalooza and Bonnaroo.

– Boat Rocker Media Inc ($TSX:BRMI)

Boat Rocker Media Inc is a Canadian entertainment company with a market cap of 151.91M as of 2022. The company focuses on the production and distribution of television, film, digital content, and live entertainment. Some of its notable productions include Orphan Black, The Amazing Race Canada, and Lost in Space. The company has a ROE of 1.14%.

Summary

Rhumbline Advisers significantly increased its ownership in Warner Music Group Corp. in the second quarter, with a staggering 2,272.1% boost in stake. This move suggests that the investment firm has confidence in the music company’s future growth and potential profitability. This boost in stake could potentially attract other investors to also consider investing in the company, increasing demand for its shares and potentially driving up the stock price. Overall, this is a positive sign for investors looking to potentially invest in Warner Music Group.