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After finishing at $9.84 in the prior trading day, Weibo Corp ADR (NASDAQ: WB) closed at $9.64, down -2.03%. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 1.03 million shares were traded. WB stock price reached its highest trading level at $9.78 during the session, while it also had its lowest trading level at $9.51.
Ratios:
Our goal is to gain a better understanding of WB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.72 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.54.
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 2404707840 and an Enterprise Value of 2152121856. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.13, and their Forward P/E ratio for the next fiscal year is 5.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 1.226 whereas that against EBITDA is 3.823.
Stock Price History:
The Beta on a monthly basis for WB is 0.12, which has changed by 0.29049528 over the last 52 weeks, in comparison to a change of 0.18569505 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 -0.26%, while the 200-Day Moving Average is calculated to be 1.49%.
Shares Statistics:
The stock has traded on average 1.04M shares per day over the past 3-months and 799740 shares per day over the last 10 days, according to various share statistics. 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 38.72% stake in the company. Shares short for WB as of 1752537600 were 15673448 with a Short Ratio of 15.03, compared to 1749772800 on 15628370. Therefore, it implies a Short% of Shares Outstanding of 15673448 and a Short% of Float of 18.3.
Dividends & Splits
In the trailing 12 months, WB’s forward annual dividend rate was 0.82, compared to 0.82 this year. Against a Trailing Annual Dividend Yield of 0.08333333
Earnings Estimates
Current recommendations for the stock of the company come from 7.0 analysts. The consensus estimate for the next quarter is $0.44, with high estimates of $0.48 and low estimates of $0.42.
Analysts are recommending an EPS of between $2.06 and $1.57 for the fiscal current year, implying an average EPS of $1.77. EPS for the following year is $1.81, with 18.0 analysts recommending between $2.1 and $1.56.
Revenue Estimates
8 analysts predict $439.36M in revenue for the current quarter. It ranges from a high estimate of $443M to a low estimate of $435.75M. As of the current estimate, Weibo Corp ADR’s year-ago sales were $437.87MFor the next quarter, 8 analysts are estimating revenue of $462.33M. There is a high estimate of $470M for the next quarter, whereas the lowest estimate is $445M.
A total of 18 analysts have provided revenue estimates for WB’s current fiscal year. The highest revenue estimate was $1.78B, while the lowest revenue estimate was $1.74B, resulting in an average revenue estimate of $1.76B. In the same quarter a year ago, actual revenue was $1.75BBased on 20 analysts’ estimates, the company’s revenue will be $1.81B in the next fiscal year. The high estimate is $1.88B and the low estimate is $1.72B.
