Will WWE Stock Go Up?
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WWE stock has been on a roller coaster ride in recent years. Will it go up again in the near future?
WWE’s Financials
WWE’s stock might be going up soon. The company’s recent financial report showed that they have increased their revenue and profit. WWE’s stock is currently at $35.72 and has a 52 week high of $41.99. WWE’s main competitors are AEW and Impact Wrestling.
WWE’s Revenue
WWE’s revenue was $930.2 million in 2019, an increase of 4% from the previous year. The company’s net income was $48.9 million, a decrease of 28% from the previous year. WWE’s operating income was $80.4 million in 2019, a decrease of 21% from the previous year. The company’s net income attributable to WWE common shareholders was $41.3 million in 2019, a decrease of 32% from the previous year.
WWE’s revenue is generated through a variety of sources, including live event ticket sales, pay-per-view fees, merchandise sales, sponsorship deals and licensing agreements. The company’s live events segment accounted for 53% of its total revenue in 2019, while its network segment accounted for 26%. WWE’s other segments – television, digital media and licensing – accounted for the remainder of its revenue.
WWE’s live event ticket sales increased by 2% to $201.5 million in 2019. The company sold approximately 1.6 million tickets to its live events during the year. WWE’s pay-per-view revenue increased by 9% to $109.9 million in 2019 driven by higher prices for its events and increased buys for its WrestleMania and Survivor Series pay-per-views..
WWE’s Expenses
Net Operating Expenses for 2016 increased $39 million, or 10%, to $428 million from $389 million in 2015. The increase was due to a $29 million, or 10%, increase in Programming expenses and a $10 million, or 20%, increase in Talent expenses. These increases were partially offset by a decrease of $1 million in Marketing and Promotion expenses.
WWE’s Stock Price
WWE’s stock is up today on news of a new partnership with NBCUniversal. The partnership will see WWE’s flagship programming, Raw and Smackdown, move to NBCUniversal’s USA Network beginning in October 2019. WWE’s stock was up 3% in early morning trading.
WWE’s Stock Price History
WWE’s stock price has been on a roller coaster ride over the past few years. After hitting an all-time high in 2014, the stock took a nosedive in 2015 only to rebound in 2016. So, what’s driving WWE’s stock price and what does the future hold?
There are a few key factors that investors need to watch when it comes to WWE’s stock price. First, there is the ever-changing landscape of the professional wrestling industry. WWE has faced increased competition from other promotions in recent years, which has put pressure on its market share. Additionally, the company has been investing heavily in its live events and content production businesses, which has led to increased debt levels. Finally, WWE’s television rights deals are up for renewal in 2019, which could result in a significant increase or decrease in earnings depending on the terms of the new agreements.
Looking ahead, WWE’s stock price will continue to be driven by these same factors. The company’s ability to compete against its rivals, invest wisely in its businesses, and negotiate favorable television rights deals will all play a role in determining how investors view the stock. So far, WWE has shown that it can navigate these challenges successfully, but it remains to be seen if that will continue to be the case going forward.
WWE’s Stock Price Analysis
WWE’s stock is down today after the company announced that its television programming would be moving to a new network. The wrestling entertainment company has been facing increased competition from other entertainment companies, and its stock has been struggling as a result.
WWE’s shares were down 3.6% in early trading on the news of the move to a new network. The company’s stock is down 35% so far this year, and it has lost nearly 60% of its value over the past five years.
The move to a new network is likely to be a positive for WWE in the long term, but in the short term, it appears that investors are worried about the company’s ability to compete with other entertainment companies.
WWE’s Future
WWE is a publicly traded company, and its stock has been on a roller coaster ride in recent years. The company has been trying to transition from a cable TV company to a media and entertainment company. This has caused some investors to be bullish on the stock, while others are worried about the company’s future. In this article, we will take a look at both sides of the argument and try to decide if WWE’s stock will go up or down in the future.
WWE’s Future Prospects
The Company is a publicly traded company with Class A common stock listed on the New York Stock Exchange (NYSE: WWE). As of February 28, 2020, WWE had 36,236,162 shares of Class A common stock outstanding and 736,138 shares of Class B common stock outstanding.
What Could Send WWE Stock Higher?
There are a few things that could send WWE stock higher in the future.
First, if WWE can continue to increase its TV ratings, this will be a positive signal to investors that the company is still relevant and that its core product is still resonating with fans. WWE has been able to do this recently, with its ratings ticking up in 2019 after falling in 2018.
Second, if WWE can continue to grow its viewership on digital platforms like YouTube and Facebook, this will also be a positive sign to investors. This is an area where WWE has been particularly successful in recent years, and it’s one of the main reasons why the company’s stock has soared over the past five years.
Finally, if WWE can continue to successfully negotiate new TV rights deals around the world, this will be yet another positive sign for investors. WWE’s current TV rights deals are set to expire in 2021, so the company will be looking to ink new deals over the next few years. If WWE can secure favorable terms for these new deals, it will be another boost for the stock.