In this article we will dive into WORLD WRESTLING ENTERTAIN-A (NYSE:WWE) as a possible candidate for growth investing. Investors should always do their own research, but we noticed WORLD WRESTLING ENTERTAIN-A showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.
Looking into the canslim metrics of WORLD WRESTLING ENTERTAIN-A
- 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
- WORLD WRESTLING ENTERTAIN-A has demonstrated strong q2q revenue growth of 25.06%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
- 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.
- In terms of Return on Equity(ROE), WORLD WRESTLING ENTERTAIN-A is performing well, achieving a 18.6% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
- The Relative Strength (RS) of WORLD WRESTLING ENTERTAIN-A has been consistently solid, with a current 95.79 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.
- With a Debt-to-Equity ratio at 0.43, WORLD WRESTLING ENTERTAIN-A showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
- With institutional shareholders at 33.08%, WORLD WRESTLING ENTERTAIN-A demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.
Technical Analysis Observations
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.
Taking everything into account, WWE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WWE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that WWE is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, WWE also shows a nice and consistent pattern of rising prices.
- WWE is one of the better performing stocks in the Entertainment industry, it outperforms 93% of 77 stocks in the same industry.
- WWE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WWE is leading the market.
- In the last month WWE has a been trading in the 101.81 - 118.04 range, which is quite wide. It is currently trading near the high of this range.
Check the latest full technical report of WWE for a complete technical analysis.
Fundamental Analysis Observations
ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.
Overall WWE gets a fundamental rating of 7 out of 10. We evaluated WWE against 77 industry peers in the Entertainment industry. WWE gets an excellent profitability rating and is at the same time showing great financial health properties. WWE has a decent growth rate and is not valued too expensively. These ratings would make WWE suitable for quality investing!
Check the latest full fundamental report of WWE for a complete fundamental analysis.
More growth stocks can be found in our CANSLIM screen.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.