In the latest trading session, 0.45 million Weibo Corp ADR (NASDAQ:WB) shares changed hands as the company’s beta touched 0.26. With the company’s most recent per share price at $10.98 changing hands around $0.38 or 3.54% at last look, the market valuation stands at $1.71B. WB’s current price is a discount, trading about -12.93% off its 52-week high of $12.40. The share price had its 52-week low at $7.03, which suggests the last value was 35.97% up since then.
Analysts gave the Weibo Corp ADR (WB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.30. If we narrow down to specifics, the data shows that 1 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended WB as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Weibo Corp ADR’s EPS for the current quarter is expected to be 0.39.
Weibo Corp ADR (NASDAQ:WB) trade information
Instantly WB is in green as seen in intraday trades today. With action 4.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 14.98%, with the 5-day performance at 4.58% in the green. However, in the 30-day time frame, Weibo Corp ADR (NASDAQ:WB) is 11.70% up.
The consensus price target for the stock as assigned by Wall Street analysts is 10.9, meaning bulls need a downside of -0.73% from its recent market value. According to analyst projections, WB’s forecast low is 10.9 with 10.9 as the target high. To hit the forecast high, the stock’s price needs a 0.73% surge from its current level, while the stock would need to tank 0.73% for it to hit the projected low.
Weibo Corp ADR (WB) estimates and forecasts
Year-over-year growth is forecast to reach -0.45% down from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 451.76M. The company’s revenue for the corresponding quarters a year ago was 442.15M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2.17%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -10.97%. The 2025 estimates are for Weibo Corp ADR earnings to decrease by -4.15%, but the outlook for the next 5-year period is at -0.44% per year.
WB Dividends
Weibo Corp ADR is expected to release its next quarterly earnings report in March. The 0.00% annual yield figure for the share gives it an annual dividend of 0.00. It is important to note, however, that the 0.00% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Weibo Corp ADR (NASDAQ:WB)’s Major holders
FEDERATED HERMES, INC. holds the second largest percentage of outstanding shares, with 2.0136% or 4.77 million shares worth $36.6 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were KraneShares CSI China Internet ETF and Delaware Group Global & International Funds-Emerging Markets Fd. With 3.3 shares estimated at $36.35 million under it, the former controlled 2.22% of total outstanding shares. On the other hand, Delaware Group Global & International Funds-Emerging Markets Fd held about 0.98% of the shares, roughly 1.45 shares worth around $15.96 million.
