Free Trial

Warner Music Group (WMG) Competitors

$29.78
+0.27 (+0.91%)
(As of 05/31/2024 ET)

WMG vs. LYV, EDR, TKO, MANU, BATRA, BOWL, SPHR, NGMS, ACEL, and RSVR

Should you be buying Warner Music Group stock or one of its competitors? The main competitors of Warner Music Group include Live Nation Entertainment (LYV), Endeavor Group (EDR), TKO Group (TKO), Manchester United (MANU), Atlanta Braves (BATRA), Bowlero (BOWL), Sphere Entertainment (SPHR), NeoGames (NGMS), Accel Entertainment (ACEL), and Reservoir Media (RSVR). These companies are all part of the "amusement & recreation services" industry.

Warner Music Group vs.

Live Nation Entertainment (NYSE:LYV) and Warner Music Group (NASDAQ:WMG) are both large-cap consumer discretionary companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, earnings, valuation, risk, community ranking, dividends, analyst recommendations, institutional ownership and media sentiment.

Warner Music Group has lower revenue, but higher earnings than Live Nation Entertainment. Warner Music Group is trading at a lower price-to-earnings ratio than Live Nation Entertainment, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Live Nation Entertainment$22.75B0.95$315.84M$1.0589.28
Warner Music Group$6.04B2.55$430M$1.0029.78

Live Nation Entertainment received 588 more outperform votes than Warner Music Group when rated by MarketBeat users. Likewise, 75.45% of users gave Live Nation Entertainment an outperform vote while only 38.18% of users gave Warner Music Group an outperform vote.

CompanyUnderperformOutperform
Live Nation EntertainmentOutperform Votes
630
75.45%
Underperform Votes
205
24.55%
Warner Music GroupOutperform Votes
42
38.18%
Underperform Votes
68
61.82%

74.5% of Live Nation Entertainment shares are held by institutional investors. Comparatively, 96.9% of Warner Music Group shares are held by institutional investors. 2.9% of Live Nation Entertainment shares are held by company insiders. Comparatively, 73.4% of Warner Music Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Warner Music Group has a net margin of 8.28% compared to Warner Music Group's net margin of 2.22%. Live Nation Entertainment's return on equity of 120.42% beat Warner Music Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Live Nation Entertainment2.22% 90.67% 2.66%
Warner Music Group 8.28%120.42%6.75%

In the previous week, Live Nation Entertainment had 21 more articles in the media than Warner Music Group. MarketBeat recorded 25 mentions for Live Nation Entertainment and 4 mentions for Warner Music Group. Live Nation Entertainment's average media sentiment score of 1.10 beat Warner Music Group's score of 0.59 indicating that Warner Music Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Live Nation Entertainment
9 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Warner Music Group
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Live Nation Entertainment presently has a consensus target price of $115.58, suggesting a potential upside of 23.30%. Warner Music Group has a consensus target price of $37.18, suggesting a potential upside of 24.84%. Given Live Nation Entertainment's higher possible upside, analysts clearly believe Warner Music Group is more favorable than Live Nation Entertainment.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Live Nation Entertainment
0 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.93
Warner Music Group
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65

Live Nation Entertainment has a beta of 1.34, indicating that its stock price is 34% more volatile than the S&P 500. Comparatively, Warner Music Group has a beta of 1.43, indicating that its stock price is 43% more volatile than the S&P 500.

Summary

Warner Music Group beats Live Nation Entertainment on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WMG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

WMG vs. The Competition

MetricWarner Music GroupAmusement & recreation services IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$15.42B$3.70B$6.82B$7.96B
Dividend Yield2.30%1.31%2.78%4.01%
P/E Ratio29.7814.2718.6318.57
Price / Sales2.558.875.7691.65
Price / Cash17.2322.7330.9731.51
Price / Book26.358.696.594.59
Net Income$430M$76.89M$188.19M$213.90M
7 Day Performance-2.23%-0.12%4.67%0.87%
1 Month Performance-10.92%-6.25%14.44%3.60%
1 Year Performance22.10%-18.09%10.67%7.91%

Warner Music Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LYV
Live Nation Entertainment
4.3847 of 5 stars
$93.31
-0.7%
$115.58
+23.9%
+15.5%$21.76B$22.75B88.8731,700Analyst Downgrade
EDR
Endeavor Group
2.385 of 5 stars
$26.76
flat
$28.89
+8.0%
+20.9%$18.54B$5.96B48.6610,000Dividend Announcement
Analyst Forecast
Short Interest ↑
News Coverage
TKO
TKO Group
2.068 of 5 stars
$107.76
-1.0%
$113.46
+5.3%
N/A$18.53B$1.68B-106.691,250Analyst Forecast
Short Interest ↓
MANU
Manchester United
0.816 of 5 stars
$16.67
flat
$21.00
+26.0%
-9.1%$2.75B$780.89M-151.551,112
BATRA
Atlanta Braves
1.2329 of 5 stars
$41.13
+0.6%
$54.00
+31.3%
+12.7%$2.53B$640.67M-20.571,240Short Interest ↑
BOWL
Bowlero
4.5871 of 5 stars
$12.12
+2.1%
$16.57
+36.7%
+10.0%$1.77B$1.06B22.8710,083Short Interest ↓
SPHR
Sphere Entertainment
1.0608 of 5 stars
$36.21
+2.4%
$35.60
-1.7%
+58.2%$1.25B$573.83M3.331,100
NGMS
NeoGames
0.604 of 5 stars
$29.45
+0.1%
$29.50
+0.2%
+8.2%$985.99M$191.54M-54.54695
ACEL
Accel Entertainment
3.271 of 5 stars
$9.58
+0.4%
$16.00
+67.0%
+6.2%$798.94M$1.17B18.781,330
RSVR
Reservoir Media
3.2507 of 5 stars
$8.27
+6.2%
$13.00
+57.2%
+24.7%$504.96M$122.29M111.2992Analyst Forecast
Analyst Revision
News Coverage

Related Companies and Tools

This page (NASDAQ:WMG) was last updated on 6/2/2024 by MarketBeat.com Staff

From Our Partners