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 $9.62, to imply an increase of 4.23% or $0.39 in intraday trading. The WBTN share’s 52-week high remains $25.66, putting it -166.74% down since that peak but still an impressive 29.83% since price per share fell to its 52-week low of $6.75. The company has a valuation of $1.25B, with an average of 0.25 million shares in intraday trading volume over the past 10 days and average of 349.74K 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 1.75. 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 -0.13.
Webtoon Entertainment Inc (NASDAQ:WBTN) trade information
After registering a 4.23% 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 3.78%, and 19.65% over 30 days. With these gigs, the year-to-date price performance is -29.16%. Short interest in Webtoon Entertainment Inc (NASDAQ:WBTN) saw shorts transact 2.26 million shares and set a 6.07 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 -544.49% off suggested target high and -139.09% from its likely low.
Webtoon Entertainment Inc (WBTN) estimates and forecasts
The rating firms project that company’s revenue will grow 6.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 324M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 335.07M.
WBTN Dividends
Webtoon Entertainment Inc has its next earnings report out on 2025-Feb-24. 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.
Webtoon Entertainment Inc (NASDAQ:WBTN)’s Major holders
Webtoon Entertainment Inc insiders hold 86.22% of total outstanding shares, with institutional holders owning 19.46% of the shares at 141.18% float percentage. In total, 19.46% institutions holds shares in the company, led by SOFTBANK GROUP CORP.. As of 2024-06-30, the company held over 31.43 million shares (or 24.7722% of shares), all amounting to roughly $717.6 million.
The next major institution holding the largest number of shares is FMR LLC with 4.23 million shares, or about 3.335% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $96.61 million.
We also have Fidelity Investment Trust-Fidelity Emerging Markets Fund and Fidelity Rutland Square TRT II-Strategic Advisers Fidelity Emerging Ma as the top two Mutual Funds with the largest holdings of the Webtoon Entertainment Inc (WBTN) shares. Going by data provided on Feb 28, 2025 , Fidelity Investment Trust-Fidelity Emerging Markets Fund holds roughly 4.46 shares. This is just over 3.42% of the total shares, with a market valuation of $42.89 million. Data from the same date shows that the other fund manager holds a little less at 1.28, or 0.98% of the shares, all valued at about 12.29 million.
