WWE STOCKS plus WWE Future Company Plans
WWE stock has risen to an all time high in the company as new TV deal with FOX and USA added billions dollars of revenues to the company. Many analyst still believe this stock is in for a good match with the value of the stock and buy and sell volumes.
WWE STOCK TODAY WAS HITTING NEARLY $74.00 per share the highest in company history ever. Going back to OCTOBER 22nd 1999 the stock was at nearly $22.00 per share.
On May 21st 2016 the stock hit nearly $31.00. After that the stock dropped back down hitting the average of the $20 range. The stock has only sky rocked in the past few months in 2018.
Here is run down of the WWE company in general the revenues reported as of May 18th 2018 was 187.72 million dollars, and the net income for the company was reported at 14.84 million dollars.
The net profit margin was sitting at 7.9%.
The prediction for the next few months is for the stock to rise over 115% and many analyst are predicting the stock to max out somewhere around $160.00 per share. There are mixed reports from different analyst however some say hold, some say sell, and some say buy.
Analyst are following volume vs the rise in the stock and many analyst predicting the stock will fall once again. Analyst state the stock is being overbought as well due to the recent rise in value.
There are many factors to consider with WWE stock if your considering it as an investment.
FUTURE PLANS OF THE WWE:
SMACKDOWN:
Smackdown that is currently on Tuesday Nights on USA and it will move to Friday Nights on FOX in October 2019. Though rumors had it that the show would expand to 3 hours. FOX and WWE have not confirmed that. Smackdown has been losing viewership however going down to around 2.6 to 2.7 million viewers. Recently the show dropped all the way down to 2.1 million viewers.
So you have to consider the move of the show in October 2019 and contracts and shows can be pulled for low viewership.
THE QUESTION IS WILL FANS FOLLOW SMACKDOWN TO FOX ON FRIDAY NIGHTS?
RAW:
Raw that is currently on Monday Nights on USA will stay on USA and remain a 3 hour show. Last week Raw drew an average of 2.5 million viewers and this was actually a 1.2% increase over the previous week. Viewership ranges but there was a show at one time that hit 4.5 million, however the average for Raw ranges around the 3 million viewers. Raw has an issue with the WWE Universal Championship and Brock Lesnar that seems to be turning the fans off.
NXT AND 205 LIVE:
There has been no confirmations of the rumors of these shows being on USA or FOX. It looks like the WWE plans on leaving these shows exclusively on the WWE NETWORK.
WWE UNIVERSAL NETWORK:
WWE opened a network for $9.99 per month that gets a subscriber access to pay per views and many other network specials. The network is a big part of the companies revenues as the company states there is about 1.5 million subscribers. However company expectations and promises to stock holders fell short. The WWE is the only wresting entertainment company that offers this product to the public. News coming from the company is that they may end the $9.99 fee and go to multi level system. WWE has not released any type of information on this subject as of July 2018.
WWE STOCK TODAY WAS HITTING NEARLY $74.00 per share the highest in company history ever. Going back to OCTOBER 22nd 1999 the stock was at nearly $22.00 per share.
On May 21st 2016 the stock hit nearly $31.00. After that the stock dropped back down hitting the average of the $20 range. The stock has only sky rocked in the past few months in 2018.
Here is run down of the WWE company in general the revenues reported as of May 18th 2018 was 187.72 million dollars, and the net income for the company was reported at 14.84 million dollars.
The net profit margin was sitting at 7.9%.
The prediction for the next few months is for the stock to rise over 115% and many analyst are predicting the stock to max out somewhere around $160.00 per share. There are mixed reports from different analyst however some say hold, some say sell, and some say buy.
Analyst are following volume vs the rise in the stock and many analyst predicting the stock will fall once again. Analyst state the stock is being overbought as well due to the recent rise in value.
There are many factors to consider with WWE stock if your considering it as an investment.
FUTURE PLANS OF THE WWE:
SMACKDOWN:
Smackdown that is currently on Tuesday Nights on USA and it will move to Friday Nights on FOX in October 2019. Though rumors had it that the show would expand to 3 hours. FOX and WWE have not confirmed that. Smackdown has been losing viewership however going down to around 2.6 to 2.7 million viewers. Recently the show dropped all the way down to 2.1 million viewers.
So you have to consider the move of the show in October 2019 and contracts and shows can be pulled for low viewership.
THE QUESTION IS WILL FANS FOLLOW SMACKDOWN TO FOX ON FRIDAY NIGHTS?
RAW:
Raw that is currently on Monday Nights on USA will stay on USA and remain a 3 hour show. Last week Raw drew an average of 2.5 million viewers and this was actually a 1.2% increase over the previous week. Viewership ranges but there was a show at one time that hit 4.5 million, however the average for Raw ranges around the 3 million viewers. Raw has an issue with the WWE Universal Championship and Brock Lesnar that seems to be turning the fans off.
NXT AND 205 LIVE:
There has been no confirmations of the rumors of these shows being on USA or FOX. It looks like the WWE plans on leaving these shows exclusively on the WWE NETWORK.
WWE UNIVERSAL NETWORK:
WWE opened a network for $9.99 per month that gets a subscriber access to pay per views and many other network specials. The network is a big part of the companies revenues as the company states there is about 1.5 million subscribers. However company expectations and promises to stock holders fell short. The WWE is the only wresting entertainment company that offers this product to the public. News coming from the company is that they may end the $9.99 fee and go to multi level system. WWE has not released any type of information on this subject as of July 2018.
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