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Exploring NYSE:WWE's growth characteristics.

By Mill Chart

Last update: Aug 7, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if WORLD WRESTLING ENTERTAIN-A (NYSE:WWE) is suited for growth investing. Investors should of couse do their own research, but we spotted WORLD WRESTLING ENTERTAIN-A showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NYSE:WWE highlighted

  • The quarterly earnings of WORLD WRESTLING ENTERTAIN-A have shown a 54.24% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • The quarter-to-quarter (Q2Q) revenue growth of 25.06% of WORLD WRESTLING ENTERTAIN-A has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
  • Over the past 3 years, WORLD WRESTLING ENTERTAIN-A has demonstrated 44.42% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
  • WORLD WRESTLING ENTERTAIN-A showcases a robust Return on Equity (ROE) of 18.6%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
  • The Relative Strength (RS) of WORLD WRESTLING ENTERTAIN-A has been consistently solid, with a current 89.45 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. WORLD WRESTLING ENTERTAIN-A exhibits strong prospects for further price appreciation.
  • WORLD WRESTLING ENTERTAIN-A maintains a healthy Debt-to-Equity ratio of 0.42. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • WORLD WRESTLING ENTERTAIN-A demonstrates a balanced ownership structure, with institutional shareholders at 62.89%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Zooming in on the technicals.

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

Overall WWE gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

  • The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
  • When comparing the yearly performance of all stocks, we notice that WWE is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by WWE over the past year are nicely spread over this period.
  • WWE is one of the better performing stocks in the Entertainment industry, it outperforms 88% of 82 stocks in the same industry.
  • WWE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WWE is lagging the market slightly.
  • In the last month WWE has a been trading in the 101.81 - 112.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Check the latest full technical report of WWE for a complete technical analysis.

Fundamental analysis of NYSE:WWE

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

WWE gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 82 industry peers in the Entertainment industry. WWE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. WWE has a correct valuation and a medium growth rate. With these ratings, WWE could be worth investigating further for quality investing!.

Check the latest full fundamental report of WWE for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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