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The closing price of Webtoon Entertainment Inc. (NASDAQ: WBTN) was $13.47 for the day, up 1.13% from the previous closing price of $13.32. In other words, the price has increased by $1.13 from its previous closing price. On the day, 0.14 million shares were traded. WBTN stock price reached its highest trading level at $13.6 during the session, while it also had its lowest trading level at $13.1724.
Ratios:
Our analysis of WBTN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 this company, Morgan Stanley on July 22, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $23.
On July 22, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $23.
On July 22, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $62.Goldman initiated its Buy rating on July 22, 2024, with a $62 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 21 ’24 when Kim Namsun bought 7,195 shares for $13.90 per share. The transaction valued at 100,010 led to the insider holds 7,195 shares of the business.
Kim Junkoo bought 22,596 shares of WBTN for $268,440 on Aug 16 ’24. The insider now owns 905,070 shares after completing the transaction at $11.88 per share. On Aug 19 ’24, another insider, Kim Junkoo, who serves as the insider of the company, bought 18,935 shares for $12.74 each. As a result, the insider paid 241,263 and bolstered with 924,005 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, WBTN now has a Market Capitalization of 1727837312 and an Enterprise Value of 1242910848. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 0.956 whereas that against EBITDA is -30.321.
Stock Price History:
Over the past 52 weeks, WBTN has reached a high of $25.66, while it has fallen to a 52-week low of $11.15. The 50-Day Moving Average of the stock is -26.22%, while the 200-Day Moving Average is calculated to be -26.22%.
Shares Statistics:
WBTN traded an average of 742.86K shares per day over the past three months and 438950 shares per day over the past ten days. A total of 127.07M shares are outstanding, with a floating share count of 14.67M. Insiders hold about 88.56% of the company’s shares, while institutions hold 13.66% stake in the company. Shares short for WBTN as of 1723680000 were 1589472 with a Short Ratio of 2.14, compared to 1721001600 on 1088828.
Earnings Estimates
The current assessment of Webtoon Entertainment Inc. (WBTN) involves the perspectives of 6 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.11 and low estimates of -$0.28.
Analysts are recommending an EPS of between -$0.15 and -$1.9 for the fiscal current year, implying an average EPS of -$1.18. EPS for the following year is $0.13, with 7.0 analysts recommending between $0.46 and -$0.07.
Revenue Estimates
For the next quarter, 5 analysts are estimating revenue of $382.66M. There is a high estimate of $398.5M for the next quarter, whereas the lowest estimate is $374.7M.
Based on 7 analysts’ estimates, the company’s revenue will be $1.68B in the next fiscal year. The high estimate is $1.77B and the low estimate is $1.63B.
