In a report released today, Laura Martin from Needham assigned a Buy rating to World Wrestling (WWE – Research Report), with a price target of $65.00. The company’s shares closed last Thursday at $56.22.
According to TipRanks.com, Martin is a top 100 analyst with an average return of 29.4% and a 65.8% success rate. Martin covers the Services sector, focusing on stocks such as Peloton Interactive, CuriosityStream, and Walt Disney.
World Wrestling has an analyst consensus of Moderate Buy, with a price target consensus of $58.17, a 3.0% upside from current levels. In a report issued on April 8, MKM Partners also maintained a Buy rating on the stock with a $65.00 price target.
Operator
Hello, and welcome to the webcast entitled WWE First Quarter Earnings. [Operator Instructions] We have just a few announcements before we begin. First, please use the question mark icon in the upper right hand corner of your web console for technical assistance. The option to enlarge slides is located to the right on your slides with the four arrows pointing in different directions. [Operator Instructions]
I will now turn the call over to Michael Weitz, SVP, Financial Planning and Investor Relations. Please go ahead, Michael.
Michael Weitz
Senior Vice President, Financial Planning and Investor Relations
Thank you, Lauren and good afternoon, everyone. Welcome to WWE s first quarter 2021 earnings conference call. Leading today s discussion are Vince McMahon, WWE s Chairman and CEO; Nick Khan, WWE s President and Chief Revenue Officer; Stephanie McMahon, WWE s Chief Brand Officer; and Kristina Salen, WWE s Chief Financial Officer. Their remarks will be followed by a Q&A
World Wrestling Entertainment Inc (WWE) Q1 2021 Earnings Call Transcript msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
WWE: Q1 Earnings Snapshot
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STAMFORD, Conn. (AP) World Wrestling Entertainment Inc. (WWE) on Thursday reported first-quarter net income of $43.8 million.
The Stamford, Connecticut-based company said it had profit of 51 cents per share.
The producer of professional wrestling events and television shows posted revenue of $263.5 million in the period.
WWE shares have risen 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $56.22, a climb of 42% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WWE at https://www.zacks.com/ap/WWE