Time Warner Rating Reiterated by TheStreet (TWX)
“Time Warner (TWX) has been reiterated by TheStreet Ratings as a buy with a ratings score of A- . The company’s strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”
,” the firm’s analyst commented.
A number of other firms have also recently commented on TWX. Analysts at Gabelli downgraded shares of Time Warner from a buy rating to a hold rating in a research note to investors on Friday, March 8th. They noted that the move was a valuation call. Separately, analysts at Argus upgraded shares of Time Warner from a hold rating to a buy rating in a research note to investors on Friday, March 8th. They now have a $68.00 price target on the stock. Finally, analysts at Barclays Capital raised their price target on shares of Time Warner from $52.00 to $54.00 in a research note to investors on Thursday, March 7th. They now have an equal weight rating on the stock.
Twenty equities research analysts have rated the stock with a buy rating, two have assigned an overweight rating, and nine have given a hold rating to the company. The company currently has an average rating of overweight and a consensus target price of $60.12.
Shares of Time Warner opened at 56.63 on Tuesday. Time Warner has a 52 week low of $33.62 and a 52 week high of $57.85. The stock’s 50-day moving average is currently $52.90. The company has a market cap of $52.937 billion and a P/E ratio of 18.33.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 15th. Investors of record on Thursday, February 28th will be given a dividend of $0.29 per share. This represents a $1.15 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Tuesday, February 26th. This is an increase from Time Warner’s previous quarterly dividend of $0.26.
Time Warner Inc. (Time Warner) is a media and entertainment company. The Company operates in three reporting segments: Networks, Filmed Entertainment and Publishing.
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