The closing price of Weibo Corp ADR (NASDAQ: WB) was $7.70 for the day, up 0.26% from the previous closing price of $7.68. On the day, 2387886 shares were traded.
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 2.38 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.55.
On March 19, 2024, UBS Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $11.50.
BofA Securities Downgraded its Buy to Underperform on January 11, 2024, whereas the target price for the stock was revised from $19.50 to $10.
Valuation Measures:
As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.38, and their Forward P/E ratio for the next fiscal year is 3.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.56.
Stock Price History:
Over the past 52 weeks, WB has reached a high of $15.46, while it has fallen to a 52-week low of $7.12.
Shares Statistics:
A total of 145.37M shares are outstanding, with a floating share count of 145.31M. Insiders hold about 0.04% of the company’s shares, while institutions hold 52.08% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by BlackBerry Limited analysts. The consensus estimate for the next quarter is $8.14, with high estimates of $15.37 and low estimates of $17.64.
Analysts are recommending an EPS of between $Financial Services and $Healthcare for the fiscal current year, implying an average EPS of $Communication Services.
