Webtoon Entertainment Inc. At $13.55: Buy, Sell Or Hold?

Webtoon Entertainment Inc. (NASDAQ:WBTN)’s traded shares stood at 0.42 million during the last session. At the close of trading, the stock’s price was $13.55, to imply an increase of 0.59% or $0.08 in intraday trading. The WBTN share’s 52-week high remains $25.66, putting it -89.37% down since that peak but still an impressive 17.71% since price per share fell to its 52-week low of $11.15. The company has a valuation of $1.74B, with an average of 0.85 million shares in intraday trading volume over the past 10 days and average of 797.06K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Webtoon Entertainment Inc. (WBTN), translating to a mean rating of 1.86. Of 4 analyst(s) looking at the stock, 0 analyst(s) give WBTN a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.47.

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Webtoon Entertainment Inc. (NASDAQ:WBTN) trade information

After registering a 0.59% upside in the last session, Webtoon Entertainment Inc. (WBTN) has traded red over the past five days. The 5-day price performance for the stock is 11.34%, and -35.32% over 30 days. With these gigs, the year-to-date price performance is -41.09%. Short interest in Webtoon Entertainment Inc. (NASDAQ:WBTN) saw shorts transact 1.09 million shares and set a 2.63 days time to cover.

The extremes give us $23 and $62 for target low and target high price respectively. As such, WBTN has been trading -357.56% off suggested target high and -69.74% from its likely low.

Revenue forecast for the current quarter as set by 6 analysts is 343.72M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 382.76M.

WBTN Dividends

Webtoon Entertainment Inc. has its next earnings report out on 2024-Aug-08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

We also have Fidelity Emerging Markets Fund (US) and Fidelity Series Emerging Markets Opportunities Fund as the top two Mutual Funds with the largest holdings of the Webtoon Entertainment Inc. (WBTN) shares. Going by data provided on Jun 30, 2024 , Fidelity Emerging Markets Fund (US) holds roughly 1.72 shares. This is just over 1.34% of the total shares, with a market valuation of $23.29 million. Data from the same date shows that the other fund manager holds a little less at 1.15, or 0.90% of the shares, all valued at about 15.64 million.