Recent News
July 21, 2025 — WWE announced a multi-event partnership with Fandango to screen SummerSlam in select Regal Cinemas on August 2–3, expanding theatrical distribution. August 4, 2025 — WWE added three Raw and SmackDown live-date shows across U.S. markets with tickets going on sale in early August. August 6, 2025 — WWE and ESPN reached a rights agreement naming ESPN platforms the exclusive U.S. domestic home for all WWE premium live events beginning in 2026.
Technical Analysis
Directional Indicators (ADX / DI+ / DI-): ADX registers 12.19, which signals no strong trend. DI+ shows a peak-and-reversal while DI- displays a dip-and-reversal; both directional moves align toward increased downside pressure, reducing conviction behind any sustained uptrend unless ADX climbs above 20 with supporting volume.
MACD: MACD sits at -0.09 with a peak-and-reversal trend, indicating bearish momentum. Notably, MACD currently sits just above its signal line (-0.11), generating a short-term bullish cross that could produce a bounce if momentum expands; absent broader confirmation, the primary MACD signal favors weakening momentum.
MRO (Momentum/Regression Oscillator): MRO reads -16.8 and shows a dip-and-reversal trend. The negative value suggests price sits below projected target levels, which commonly precedes corrective upside toward the target; the recent dip-and-reversal supports a near-term mean-reversion look rather than trend continuation.
RSI: RSI at 47.93 with a peak-and-reversal trend signals selling pressure returning after a recent high; RSI sits near neutral, so momentum can slip either direction quickly depending on volume and event-driven flows tied to live shows and distribution headlines.
Price Structure & Moving Averages: Closing price at $26.10 places the market slightly below the 200-day average of $27.08 and near short-term averages (20-day $26.12, 50-day $26.33). The 12-day EMA shows a peak-and-reversal, which adds short-term bearish tilt; price remains inside the Bollinger bands, suggesting continued range trading unless a breakout accompanies higher volume.
Volume & Volatility: Daily volume at 397,009 trails the 10-day average of 946,953 and 50/200-day averages, implying low conviction moves despite recent news flow. Low volume combined with subdued volatility points toward choppy, event-driven swings rather than trending behavior.
Fundamental Analysis
Revenue and Margins: Total revenue at $9,043,300,000 registers revenue growth year-over-year at -35.36% while revenue growth quarter-over-quarter shows +37.17%. Gross margin stands at 2.57%, up QoQ by 5.458 percentage points but far below the industry peer mean of 46.061%. Operating margin reads 0.659% with an operating margin YoY contraction of -50.451%.
Profitability & Earnings: Net income at -$339,400,000 and EBIT at -$420,500,000 translate into an EBIT margin of -4.65%, while EPS actual reports -$6.06 versus an estimate of -$0.24, producing an EPS surprise of -2,425%. Forward EPS appears at $0.64 with a forward PE around 42.41, signaling consensus expectations of a return to profitability over the projection window despite current losses.
Cash, Debt, and Liquidity: Cash and short-term investments total $403,200,000, operating cash flow sits at $28,200,000, and free cash flow equals $13,300,000 with a free cash flow yield of 0.889%—above the industry peer mean free cash flow yield of 0.626%. Current ratio measures 1.13 and quick ratio 0.98, suggesting working-capital coverage near par; debt-to-equity sits at 0.512, implying moderate leverage on the capital structure.
Returns and Capital Efficiency: Return on equity registers -21.23% and return on assets -5.37%, reflecting ongoing operating losses and negative ROIC metrics. Asset turnover at 1.43055 compares favorably to the industry peer mean of 0.21945, showing efficient revenue generation from assets despite compressed margins.
Valuation Context: Price-to-book at 0.94 and enterprise value-to-revenue metrics produce an enterprise multiple that remains negative given current earnings, while WMDST values the stock as under-valued. The valuation narrative blends a low price-to-book and positive forward-earnings assumptions against current operating losses and weak margins; the recent distribution deals and added live dates support nearer-term revenue visibility, while profitability metrics require sustained improvement to justify higher multiples.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-07-31 |
| NEXT REPORT DATE: | 2025-10-23 |
| CASH FLOW | Begin Period Cash Flow | $ 456.4 M |
| Operating Cash Flow | $ 28.2 M | |
| Capital Expenditures | $ -14.90 M | |
| Change In Working Capital | $ -57.70 M | |
| Dividends Paid | $ -9.50 M | |
| Cash Flow Delta | $ -53.20 M | |
| End Period Cash Flow | $ 403.2 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 9.0 B | |
| Forward Revenue | $ -236.61 M | |
| COSTS | ||
| Cost Of Revenue | $ 8.8 B | |
| Depreciation | $ 23.9 M | |
| Depreciation and Amortization | $ 23.9 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 9.0 B | |
| PROFITABILITY | ||
| Gross Profit | $ 232.4 M | |
| EBITDA | $ -396.60 M | |
| EBIT | $ -420.50 M | |
| Operating Income | $ 59.6 M | |
| Interest Income | $ 2.6 M | |
| Interest Expense | $ 28.2 M | |
| Net Interest Income | $ -25.60 M | |
| Income Before Tax | $ -448.70 M | |
| Tax Provision | $ -109.60 M | |
| Tax Rate | 24.4 % | |
| Net Income | $ -339.40 M | |
| Net Income From Continuing Operations | $ -339.10 M | |
| EARNINGS | ||
| EPS Estimate | $ -0.24 | |
| EPS Actual | $ -6.06 | |
| EPS Difference | $ -5.82 | |
| EPS Surprise | -2425.0 % | |
| Forward EPS | $ 0.64 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 6.1 B | |
| Intangible Assets | $ 1.1 B | |
| Net Tangible Assets | $ 525.0 M | |
| Total Current Assets | $ 3.6 B | |
| Cash and Short-Term Investments | $ 403.2 M | |
| Cash | $ 403.2 M | |
| Net Receivables | $ 2.1 B | |
| Inventory | $ 474.9 M | |
| Long-Term Investments | $ 958.2 M | |
| LIABILITIES | ||
| Accounts Payable | $ 2.5 B | |
| Short-Term Debt | $ 43.2 M | |
| Total Current Liabilities | $ 3.1 B | |
| Net Debt | $ 415.2 M | |
| Total Debt | $ 818.4 M | |
| Total Liabilities | $ 4.4 B | |
| EQUITY | ||
| Total Equity | $ 1.6 B | |
| Retained Earnings | $ 1.6 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 28.80 | |
| Shares Outstanding | 55.500 M | |
| Revenue Per-Share | $ 162.94 | |
| VALUATION | Market Capitalization | $ 1.5 B |
| Enterprise Value | $ 1.9 B | |
| Enterprise Multiple | -4.817 | |
| Enterprise Multiple QoQ | -105.997 % | |
| Enterprise Multiple YoY | -178.335 % | |
| Enterprise Multiple IPRWA | high: 188.029 median: 66.78 mean: 65.706 WKC: -4.817 low: -198.062 |
|
| EV/R | 0.211 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.787 | |
| Asset To Liability | 1.361 | |
| Debt To Capital | 0.339 | |
| Debt To Assets | 0.135 | |
| Debt To Assets QoQ | 1.319 % | |
| Debt To Assets YoY | 1094.17 % | |
| Debt To Assets IPRWA | high: 1.012 median: 0.272 mean: 0.247 WKC: 0.135 low: 0.02 |
|
| Debt To Equity | 0.512 | |
| Debt To Equity QoQ | 11.882 % | |
| Debt To Equity YoY | 1178.277 % | |
| Debt To Equity IPRWA | high: 8.856 mean: 0.67 median: 0.579 WKC: 0.512 low: -4.796 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.935 | |
| Price To Book QoQ | 18.766 % | |
| Price To Book YoY | 27.544 % | |
| Price To Book IPRWA | high: 27.088 median: 20.436 mean: 18.0 WKC: 0.935 low: -1.867 |
|
| Price To Earnings (P/E) | -4.602 | |
| Price To Earnings QoQ | -108.263 % | |
| Price To Earnings YoY | -108.76 % | |
| Price To Earnings IPRWA | high: 354.485 median: 165.293 mean: 153.044 WKC: -4.602 low: -173.324 |
|
| PE/G Ratio | -0.003 | |
| Price To Sales (P/S) | 0.165 | |
| Price To Sales QoQ | 3.292 % | |
| Price To Sales YoY | 21.643 % | |
| Price To Sales IPRWA | high: 17.621 median: 7.87 mean: 7.608 low: 0.932 WKC: 0.165 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 42.411 | |
| Forward PE/G | 0.028 | |
| Forward P/S | -6.32 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -6452.586 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 1.431 | |
| Asset Turnover Ratio QoQ | 0.8 % | |
| Asset Turnover Ratio YoY | -6.304 % | |
| Asset Turnover Ratio IPRWA | WKC: 1.431 high: 0.429 mean: 0.219 median: 0.211 low: 0.043 |
|
| Receivables Turnover | 4.121 | |
| Receivables Turnover Ratio QoQ | 1.977 % | |
| Receivables Turnover Ratio YoY | -0.956 % | |
| Receivables Turnover Ratio IPRWA | high: 8.063 median: 7.318 mean: 6.456 WKC: 4.121 low: 1.025 |
|
| Inventory Turnover | 18.007 | |
| Inventory Turnover Ratio QoQ | -0.69 % | |
| Inventory Turnover Ratio YoY | 9.294 % | |
| Inventory Turnover Ratio IPRWA | high: 26.088 WKC: 18.007 mean: 11.253 median: 9.661 low: 1.31 |
|
| Days Sales Outstanding (DSO) | 22.144 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 1.921 | |
| Cash Conversion Cycle Days QoQ | -13.705 % | |
| Cash Conversion Cycle Days YoY | -10.279 % | |
| Cash Conversion Cycle Days IPRWA | high: 64.386 WKC: 1.921 mean: -57.442 low: -120.049 median: -120.049 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 21.435 | |
| CapEx To Revenue | -0.002 | |
| CapEx To Depreciation | -0.623 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 2.4 B | |
| Net Invested Capital | $ 2.4 B | |
| Invested Capital | $ 2.4 B | |
| Net Tangible Assets | $ 525.0 M | |
| Net Working Capital | $ 421.9 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.128 | |
| Current Ratio | 1.134 | |
| Current Ratio QoQ | -1.039 % | |
| Current Ratio YoY | -1.48 % | |
| Current Ratio IPRWA | high: 2.85 mean: 1.374 median: 1.341 WKC: 1.134 low: 0.379 |
|
| Quick Ratio | 0.983 | |
| Quick Ratio QoQ | -1.207 % | |
| Quick Ratio YoY | 0.153 % | |
| Quick Ratio IPRWA | high: 2.748 median: 1.87 mean: 1.654 WKC: 0.983 low: 0.361 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | -2.064 | |
| Cost Of Debt | 2.511 % | |
| Interest Coverage Ratio | -14.911 | |
| Interest Coverage Ratio QoQ | 26343.252 % | |
| Interest Coverage Ratio YoY | -398.636 % | |
| Interest Coverage Ratio IPRWA | high: 20.883 median: 20.883 mean: 16.148 WKC: -14.911 low: -16.147 |
|
| Operating Cash Flow Ratio | -0.056 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 25.064 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | -35.726 | |
| Dividend Payout Ratio | -0.028 | |
| Dividend Rate | $ 0.17 | |
| Dividend Yield | 0.006 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -8.121 % | |
| Revenue Growth | -4.329 % | |
| Revenue Growth QoQ | 37.167 % | |
| Revenue Growth YoY | -3535.714 % | |
| Revenue Growth IPRWA | high: 14.763 % median: 5.087 % mean: 4.752 % WKC: -4.329 % low: -36.429 % |
|
| Earnings Growth | 1537.838 % | |
| Earnings Growth QoQ | -6910.318 % | |
| Earnings Growth YoY | 72166.823 % | |
| Earnings Growth IPRWA | WKC: 1537.838 % high: 310.0 % median: 8.775 % mean: -6.323 % low: -350.0 % |
|
| MARGINS | ||
| Gross Margin | 2.57 % | |
| Gross Margin QoQ | 5.458 % | |
| Gross Margin YoY | 14.937 % | |
| Gross Margin IPRWA | high: 86.664 % median: 51.934 % mean: 46.061 % low: 9.597 % WKC: 2.57 % |
|
| EBIT Margin | -4.65 % | |
| EBIT Margin QoQ | 28962.5 % | |
| EBIT Margin YoY | -449.624 % | |
| EBIT Margin IPRWA | high: 35.466 % median: 34.428 % mean: 25.433 % WKC: -4.65 % low: -19.763 % |
|
| Return On Sales (ROS) | 0.659 % | |
| Return On Sales QoQ | -4218.75 % | |
| Return On Sales YoY | -50.451 % | |
| Return On Sales IPRWA | high: 34.07 % median: 34.07 % mean: 26.376 % WKC: 0.659 % low: -21.003 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 13.3 M | |
| Free Cash Flow Yield | 0.889 % | |
| Free Cash Flow Yield QoQ | -86.44 % | |
| Free Cash Flow Yield YoY | -75.14 % | |
| Free Cash Flow Yield IPRWA | high: 6.823 % WKC: 0.889 % mean: 0.626 % median: 0.445 % low: -6.177 % |
|
| Free Cash Growth | -86.593 % | |
| Free Cash Growth QoQ | 2670.976 % | |
| Free Cash Growth YoY | 103.734 % | |
| Free Cash Growth IPRWA | high: 228.358 % mean: -12.73 % median: -14.79 % WKC: -86.593 % low: -265.486 % |
|
| Free Cash To Net Income | -0.039 | |
| Cash Flow Margin | -1.963 % | |
| Cash Flow To Earnings | 0.523 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | -5.369 % | |
| Return On Assets QoQ | 1593.691 % | |
| Return On Assets YoY | -456.034 % | |
| Return On Assets IPRWA | high: 2.339 % mean: 0.339 % median: -0.286 % low: -4.843 % WKC: -5.369 % |
|
| Return On Capital Employed (ROCE) | -14.475 % | |
| Return On Equity (ROE) | -0.212 | |
| Return On Equity QoQ | 1833.607 % | |
| Return On Equity YoY | -498.405 % | |
| Return On Equity IPRWA | high: 0.125 median: 0.125 mean: 0.082 low: -0.072 WKC: -0.212 |
|
| DuPont ROE | -19.285 % | |
| Return On Invested Capital (ROIC) | -13.148 % | |
| Return On Invested Capital QoQ | 31968.293 % | |
| Return On Invested Capital YoY | -56.416 % | |
| Return On Invested Capital IPRWA | high: 8.325 % median: 8.325 % mean: 5.824 % low: -3.35 % WKC: -13.148 % |
|
