Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, WisdomTree, Inc.’s stock clocked out at $8.77, down -0.90% from its previous closing price of $8.85. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 1.2 million shares were traded. WT stock price reached its highest trading level at $8.83 during the session, while it also had its lowest trading level at $8.67.
Ratios:
To gain a deeper understanding of WT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.97. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.67.
On March 06, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $12.
Northcoast Upgraded its Neutral to Buy on December 28, 2023, while the target price for the stock was maintained at $9.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 13 ’24 when Steinberg Jonathan L bought 303,781 shares for $7.20 per share. The transaction valued at 2,186,768 led to the insider holds 9,172,838 shares of the business.
Ziemba Peter M sold 50,000 shares of WT for $352,065 on Aug 17 ’23. The Chief Administrative Officer now owns 988,082 shares after completing the transaction at $7.04 per share. On Aug 16 ’23, another insider, Ziemba Peter M, who serves as the Chief Administrative Officer of the company, sold 50,000 shares for $6.91 each. As a result, the insider received 345,685 and left with 1,038,082 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WT now has a Market Capitalization of 1331759616 and an Enterprise Value of 1507825280. As of this moment, WisdomTree,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.95, and their Forward P/E ratio for the next fiscal year is 15.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.82 while its Price-to-Book (P/B) ratio in mrq is 3.11. Its current Enterprise Value per Revenue stands at 4.32 whereas that against EBITDA is 17.187.
Stock Price History:
Over the past 52 weeks, WT has reached a high of $9.69, while it has fallen to a 52-week low of $6.05. The 50-Day Moving Average of the stock is 2.66%, while the 200-Day Moving Average is calculated to be 20.57%.
Shares Statistics:
It appears that WT traded 1.19M shares on average per day over the past three months and 1048970 shares per day over the past ten days. A total of 151.85M shares are outstanding, with a floating share count of 133.09M. Insiders hold about 0.80% of the company’s shares, while institutions hold 76.20% stake in the company. Shares short for WT as of 1713139200 were 11529770 with a Short Ratio of 9.69, compared to 1710460800 on 10609423. Therefore, it implies a Short% of Shares Outstanding of 11529770 and a Short% of Float of 11.03.
Dividends & Splits
With its trailing 12-month dividend rate of 0.12, WT has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 0.013559321The stock’s 5-year Average Dividend Yield is 2.29.
