The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.4 million shares were traded. WB stock price reached its highest trading level at $11.31 during the session, while it also had its lowest trading level at $11.11.
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 2751696128 and an Enterprise Value of 2499602432. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.91, and their Forward P/E ratio for the next fiscal year is 6.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 1.418 whereas that against EBITDA is 4.362.
Stock Price History:
The Beta on a monthly basis for WB is 0.09, which has changed by 0.49331546 over the last 52 weeks, in comparison to a change of 0.15109766 over the same period for the S&P500. Over the past 52 weeks, WB has reached a high of $12.40, while it has fallen to a 52-week low of $7.03. The 50-Day Moving Average of the stock is 9.64%, while the 200-Day Moving Average is calculated to be 15.82%.
Shares Statistics:
It appears that WB traded 1.06M shares on average per day over the past three months and 1561940 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 37.12% stake in the company. Shares short for WB as of 1755216000 were 15270863 with a Short Ratio of 14.41, compared to 1752537600 on 15673448. Therefore, it implies a Short% of Shares Outstanding of 15270863 and a Short% of Float of 17.83.
Earnings Estimates
As of right now, 7.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.35, with high estimates of $0.38 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 $1.82. EPS for the following year is $1.82, with 19.0 analysts recommending between $2.04 and $1.65.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $447.74M. It ranges from a high estimate of $452.74M to a low estimate of $441.18M. As of the current estimate, Weibo Corp ADR’s year-ago sales were $464.48MFor the next quarter, 7 analysts are estimating revenue of $454.28M. There is a high estimate of $467M for the next quarter, whereas the lowest estimate is $446.25M.
A total of 18 analysts have provided revenue estimates for WB’s current fiscal year. The highest revenue estimate was $1.76B, while the lowest revenue estimate was $1.73B, resulting in an average revenue estimate of $1.75B. In the same quarter a year ago, actual revenue was $1.75BBased on 20 analysts’ estimates, the company’s revenue will be $1.79B in the next fiscal year. The high estimate is $1.88B and the low estimate is $1.72B.
