Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Weibo Corp ADR’s stock clocked out at $10.29, down -2.65% from its previous closing price of $10.57. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 0.8 million shares were traded. WB stock price reached its highest trading level at $10.64 during the session, while it also had its lowest trading level at $10.28.
Ratios:
To gain a deeper understanding of WB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.72 and its Current Ratio is at 3.65. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on May 17, 2024, Downgraded its rating to Underweight and sets its target price to $10 from $11 previously.
UBS Upgraded its Neutral to Buy on March 19, 2024, while the target price for the stock was maintained at $11.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WB now has a Market Capitalization of 2617613056 and an Enterprise Value of 2289606400. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.29, and their Forward P/E ratio for the next fiscal year is 5.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 1.299 whereas that against EBITDA is 3.996.
Stock Price History:
The Beta on a monthly basis for WB is 0.13, which has changed by 0.2658683 over the last 52 weeks, in comparison to a change of 0.1476624 over the same period for the S&P500. Over the past 52 weeks, WB has reached a high of $12.96, while it has fallen to a 52-week low of $7.10. The 50-Day Moving Average of the stock is -12.06%, while the 200-Day Moving Average is calculated to be 0.46%.
Shares Statistics:
It appears that WB traded 1.34M shares on average per day over the past three months and 1308210 shares per day over the past ten days. A total of 156.45M shares are outstanding, with a floating share count of 156.45M. Insiders hold about 0.00% of the company’s shares, while institutions hold 36.36% stake in the company. Shares short for WB as of 1761868800 were 15377981 with a Short Ratio of 11.47, compared to 1759190400 on 15503035. Therefore, it implies a Short% of Shares Outstanding of 15377981 and a Short% of Float of 17.950001.
Earnings Estimates
At present, 7.0 analysts are actively evaluating the performance of Weibo Corp ADR (WB) in the stock market.The consensus estimate for the next quarter is $0.35, with high estimates of $0.39 and low estimates of $0.26.
Analysts are recommending an EPS of between $2.03 and $1.66 for the fiscal current year, implying an average EPS of $1.8. EPS for the following year is $1.79, with 17.0 analysts recommending between $1.97 and $1.55.
Revenue Estimates
In. The current quarter, 10 analysts expect revenue to total $441.53M. It ranges from a high estimate of $448M to a low estimate of $437M. As of. The current estimate, Weibo Corp ADR’s year-ago sales were $464.48MFor the next quarter, 10 analysts are estimating revenue of $446.12M. There is a high estimate of $454M for the next quarter, whereas the lowest estimate is $434.53M.
A total of 19 analysts have provided revenue estimates for WB’s current fiscal year. The highest revenue estimate was $1.78B, while the lowest revenue estimate was $1.71B, resulting in an average revenue estimate of $1.73B. In the same quarter a year ago, actual revenue was $1.75BBased on 19 analysts’ estimates, the company’s revenue will be $1.77B in the next fiscal year. The high estimate is $1.85B and the low estimate is $1.72B.
