Momentum Stock: WisdomTree Investments, Inc. (NASDAQ:WETF)
These analysts have also projected a Low Estimate of $0.04/share and a High Estimate of $0.05/share.
Analysts' mean recommendation for WisdomTree Investments, Inc.
A number of analysts recently issued reports on WETF shares. The company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.03.
On average, analysts expect that WisdomTree Investments will report full year earnings of $0.24 per share for the current year, with EPS estimates ranging from $0.18 to $0.35. Four analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The company earned $50.80 million during the quarter, compared to the consensus estimate of $50.85 million. Given that liquidity is king in short-term, KEM is a stock with 46.5 million shares outstanding that normally trades 2.23% of its float. During the same period in the prior year, the firm posted $0.15 earnings per share. Year to Date (YTD) performance of WisdomTree Investments, Inc.
Stock is now moving with a negative distance from the 200 day simple moving average of approximately -17.91%, and has a poor year to date (YTD) performance of -25.49% which means the stock is constantly subtracting to its value from the previous fiscal year end price. Zacks Investment Research's earnings per share calculations are an average based on a survey of sell-side research firms that cover WisdomTree Investments. The most optimistic analyst sees the stock reaching $16 while the most conventional predicts the target price at $7.50.
WisdomTree Investments, Inc. closed its last trading session at $8.7 with the loss of -5.52%.
News headlines about WisdomTree Investments (NASDAQ:WETF) have been trending somewhat positive on Thursday, AlphaOne reports. Large ranges indicate high volatility and small ranges indicate low volatility. WETF has P/E (Price to Earnings ttm) value of 44.19, Forward P/E of 24.82, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 114.17.
Yet another important factor while evaluating a good buy/sell decision for WisdomTree Investments, Inc.
8 number of analysts have estimated the sales of the company for the quarter ending April 28, 2017, analysts estimated mean sale target of 57.78 million while high and low sale targets are estimated at 59.29 million and 56.21 million respectively.
Basically, a price target is an individual analyst's projection on the future price of a stock. If you are accessing this report on another site, it was illegally stolen and republished in violation of worldwide copyright laws. (NASDAQ:WETF) are -7.91%; -7.3% for the month; -22.41% for the last quarter; -11.7% for the past six-months; and -28.92% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. Company insiders own 16.10% of the company's stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. The Relative Volume value measured for WisdomTree Investments, Inc. While the company's share hit the 52 week high on 12/09/16 stationing the value of $13.32. The current price change puts the market capitalization at $1.14 bln. Capstone Asset Management Co. purchased a new position in shares of WisdomTree Investments during the first quarter valued at approximately $120,000. The number of shares now owned by investors are 136.62 mln. Arrowpoint Asset Management LLC boosted its position in WisdomTree Investments by 13.2% in the fourth quarter. Finally, Morgan Stanley raised its stake in WisdomTree Investments by 11.1% in the third quarter. Hedge funds and other institutional investors own 96.38% of the company's stock. The Company operates through exchange traded products (ETP) sponsor and asset manager providing investment advisory services segment. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.