WisdomTree, Inc. (WT) Stock: Assessing the Risk and Reward

The stock of WisdomTree, Inc. (WT) has seen a 3.08% increase in the past week, with a 12.44% gain in the past month, and a 30.45% flourish in the past quarter. The volatility ratio for the week is 3.25%, and the volatility levels for the past 30 days are at 2.60% for WT. The simple moving average for the last 20 days is 4.20% for WT stock, with a simple moving average of 27.53% for the last 200 days.

Is It Worth Investing in WisdomTree, Inc. (NYSE: WT) Right Now?

The price-to-earnings ratio for WisdomTree, Inc. (NYSE: WT) is 16.44x, which is above its average ratio. Moreover, the 36-month beta value for WT is 1.50. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for WT is 133.09M and currently, short sellers hold a 7.97% of that float. On April 03, 2024, WT’s average trading volume was 1.12M shares.

WT) stock’s latest price update

WisdomTree, Inc. (NYSE: WT)’s stock price has decreased by -0.44 compared to its previous closing price of 9.08. However, the company has seen a 3.08% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-02 that Does WisdomTree, Inc. (WT) have what it takes to be a top stock pick for momentum investors? Let’s find out.

Analysts’ Opinion of WT

Many brokerage firms have already submitted their reports for WT stocks, with Craig Hallum repeating the rating for WT by listing it as a “Buy.” The predicted price for WT in the upcoming period, according to Craig Hallum is $12 based on the research report published on March 06, 2024 of the current year 2024.

Northcoast, on the other hand, stated in their research note that they expect to see WT reach a price target of $9. The rating they have provided for WT stocks is “Buy” according to the report published on December 28th, 2023.

UBS gave a rating of “Buy” to WT, setting the target price at $9 in the report published on October 11th of the previous year.

WT Trading at 15.13% from the 50-Day Moving Average

After a stumble in the market that brought WT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.38% of loss for the given period.

Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 3.25%, as shares surge +12.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.33% upper at present.

During the last 5 trading sessions, WT rose by +3.08%, which changed the moving average for the period of 200-days by +23.67% in comparison to the 20-day moving average, which settled at $8.73. In addition, WisdomTree, Inc. saw 30.45% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at WT starting from Steinberg Jonathan L, who purchase 303,781 shares at the price of $7.20 back on Feb 13 ’24. After this action, Steinberg Jonathan L now owns 9,172,838 shares of WisdomTree, Inc., valued at $2,186,768 using the latest closing price.

Ziemba Peter M, the Chief Administrative Officer of WisdomTree, Inc., sale 50,000 shares at $7.04 during a trade that took place back on Aug 17 ’23, which means that Ziemba Peter M is holding 988,082 shares at $352,065 based on the most recent closing price.

Stock Fundamentals for WT

Current profitability levels for the company are sitting at:

  • 0.25 for the present operating margin
  • 0.7 for the gross margin

The net margin for WisdomTree, Inc. stands at 0.29. The total capital return value is set at 0.1. Equity return is now at value 23.00, with 9.90 for asset returns.

Based on WisdomTree, Inc. (WT), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 5.74.

Currently, EBITDA for the company is 151.6 million with net debt to EBITDA at 1.54. When we switch over and look at the enterprise to sales, we see a ratio of 4.35. The receivables turnover for the company is 9.84for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.

Conclusion

To wrap up, the performance of WisdomTree, Inc. (WT) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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