Time Warner Inc (TWX): Today's Featured Media Winner

Time Warner ( TWX) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 1%. By the end of trading, Time Warner rose 19 cents (0.5%) to $38.07 on average volume. Throughout the day, six million shares of Time Warner exchanged hands as compared to its average daily volume of 7.3 million shares. The stock ranged in a price between $37.81-$38.21 after having opened the day at $37.96 as compared to the previous trading day's close of $37.88. Other companies within the Media industry that increased today were: Radio One ( ROIA), up 10%, Point.360 ( PTSX), up 7.7%, Radio One ( ROIAK), up 6.8%, and Focus Media ( FMCN), up 6.8%.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. Time Warner has a market cap of $35.91 billion and is part of the services sector. The company has a P/E ratio of 13.7, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 4.8% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Time Warner a buy, one analyst rates it a sell, and nine rate it a hold.

TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Constant Contact ( CTCT), down 12.4%, Dex One ( DEXO), down 11.3%, Envoy Capital Group ( ECGI), down 8.7%, and Digital Cinema Destinations ( DCIN), down 6.2%, were all losers within the media industry with Scripps Networks Interactive ( SNI) being today's media industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).
null

If you liked this article you might like

Weekend Box Office Preview: Could 'Kingsman 2' Finally Dethrone 'It?'

Netflix Shares Could Rise 16% on Big Boost in Subscribers

How eSports Leaders Are Making a Business Out of the Professional Gaming Market

'The Handmaid's Tale' Emmy Win Is Really Big for Netflix

Cramer: Northrop-Orbital Deal Is Bigger Than Just the Synergies