Stock market analysts issue unfavorable reports on WWE stock - is the stock "slowly dying?"

A prominent stock evaluator is telling investors to "stay away" from WWE stock and a stock market analyst company is claiming the stock is "slowly dying."

Jim Cramer, the eccentric host of "Mad Money" on CNBC, recently released a list of recommendations for whether to buy into or avoid specific companies. Cramer recommended "avoiding" WWE stock based on his view that WWE has "no growth" potential.

Seeking Alpha, a prominent stock market analyst company, took Cramer's recommendation and ran the specifics through various metrics. The conclusion: "Insiders have been mostly selling stocks for a while. Analysts give a 1.7 rating for World Wrestling (1=Buy, 3=Sell). This stock is slowly dying. Stay away from it."

WWE has been trading near 52-week levels for the majority of 2011. Earlier this year, WWE issued an official warning on lower-than-expected fourth quarter 2010 earnings. WWE then slashed the dividend by two-thirds for common shareholders, which was viewed as a positive move when WWE had been paying out more cash than was coming in, but also a negative move because the dividend was one of the most attractive aspects of investing in WWE stock.

Alpha did note that analysts estimate 9.0 percent annual Earnings-Per-Share growth over the next five years.

source: pwtorch.com