Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Weibo Corp ADR (NASDAQ: WB) was $11.71 for the day, up 1.47% from the previous closing price of $11.54. In other words, the price has increased by $1.47 from its previous closing price. On the day, 0.72 million shares were traded. WB stock price reached its highest trading level at $11.71 during the session, while it also had its lowest trading level at $11.54.
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 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.
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 2848001024 and an Enterprise Value of 2628463616. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.29, and their Forward P/E ratio for the next fiscal year is 6.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 1.491 whereas that against EBITDA is 4.587.
Stock Price History:
The Beta on a monthly basis for WB is 0.08, which has changed by 0.6423563 over the last 52 weeks, in comparison to a change of 0.18469036 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 12.71%, while the 200-Day Moving Average is calculated to be 20.43%.
Shares Statistics:
WB traded an average of 1.05M shares per day over the past three months and 989880 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 37.14% stake in the company. Shares short for WB as of 1755216000 were 15270863 with a Short Ratio of 14.48, 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
The market rating of Weibo Corp ADR (WB) is currently shaped by the ongoing analysis conducted by 7.0 analysts closely monitoring its performance.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
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. 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.
