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The closing price of Weibo Corp ADR (NASDAQ: WB) was $9.99 for the day, down -2.44% from the previous closing price of $10.24. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 0.9 million shares were traded. WB stock price reached its highest trading level at $10.05 during the session, while it also had its lowest trading level at $9.91.
Ratios:
Our analysis of WB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.35 and its Current Ratio is at 3.35. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
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 2463208704 and an Enterprise Value of 2389302016. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.77, and their Forward P/E ratio for the next fiscal year is 5.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 21.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 1.373 whereas that against EBITDA is 4.352.
Stock Price History:
The Beta on a monthly basis for WB is 0.14, which has changed by -0.0153846145 over the last 52 weeks, in comparison to a change of 0.12529528 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 -8.64%, while the 200-Day Moving Average is calculated to be -2.00%.
Shares Statistics:
WB traded an average of 1.19M shares per day over the past three months and 934990 shares per day over the past ten days. A total of 156.45M shares are outstanding, with a floating share count of 156.38M. Insiders hold about 0.04% of the company’s shares, while institutions hold 35.28% stake in the company. Shares short for WB as of 1763078400 were 15775872 with a Short Ratio of 13.24, compared to 1760486400 on 15314077. Therefore, it implies a Short% of Shares Outstanding of 15775872 and a Short% of Float of 18.42.
Earnings Estimates
At present, 6.0 analysts are actively evaluating the performance of Weibo Corp ADR (WB) in the stock market.The consensus estimate for the next quarter is $0.39, with high estimates of $0.39 and low estimates of $0.39.
Analysts are recommending an EPS of between $1.83 and $1.7 for the fiscal current year, implying an average EPS of $1.74. EPS for the following year is $1.75, with 18.0 analysts recommending between $1.88 and $1.54.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 9 analysts. It ranges from a high estimate of $447.91M to a low estimate of $439M. As of. The current estimate, Weibo Corp ADR’s year-ago sales were $456.83MFor the next quarter, 9 analysts are estimating revenue of $403M. There is a high estimate of $403M for the next quarter, whereas the lowest estimate is $403M.
A total of 16 analysts have provided revenue estimates for WB’s current fiscal year. The highest revenue estimate was $1.73B, while the lowest revenue estimate was $1.72B, 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 $1.76B in the next fiscal year. The high estimate is $1.82B and the low estimate is $1.72B.
