Weibo Corp ADR (NASDAQ: WB) has a price-to-earnings ratio that is above its average at 7.78x. The stock has a 36-month beta value of 0.22. Opinions on the stock are mixed, with 11 analysts rating it as a “buy,” 5 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for WB is 155.43M, and at present, short sellers hold a 11.63% of that float. On September 30, 2024, the average trading volume of WB was 1.54M shares.
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WB) stock’s latest price update
Weibo Corp ADR (NASDAQ: WB)’s stock price has gone rise by 7.48 in comparison to its previous close of 9.22, however, the company has experienced a 29.88% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-09-19 that Weibo Corporation’s market cap has dropped 95% since 2018, yet its book value has tripled, resulting in the stock trading at around half of book value. This low P/B ratio does not reflect low return on equity or poor asset quality, suggesting the stock is deeply undervalued. At 6x earnings and with an 11% dividend yield, investors are likely to generate strong returns unless Weibo’s sales take a drastic decline.
WB’s Market Performance
WB’s stock has risen by 29.88% in the past week, with a monthly rise of 35.01% and a quarterly rise of 29.04%. The volatility ratio for the week is 6.26% while the volatility levels for the last 30 days are 3.33% for Weibo Corp ADR. The simple moving average for the past 20 days is 30.49% for WB’s stock, with a 19.55% simple moving average for the past 200 days.
Analysts’ Opinion of WB
Many brokerage firms have already submitted their reports for WB stocks, with Morgan Stanley repeating the rating for WB by listing it as a “Underweight.” The predicted price for WB in the upcoming period, according to Morgan Stanley is $10 based on the research report published on May 17, 2024 of the current year 2024.
UBS gave a rating of “Buy” to WB, setting the target price at $11.50 in the report published on March 19th of the current year.
WB Trading at 28.57% from the 50-Day Moving Average
After a stumble in the market that brought WB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.42% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 6.26%, as shares surge +32.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.44% upper at present.
During the last 5 trading sessions, WB rose by +29.88%, which changed the moving average for the period of 200-days by +3.55% in comparison to the 20-day moving average, which settled at $7.72. In addition, Weibo Corp ADR saw -0.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WB
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.79 for the gross margin
The net margin for Weibo Corp ADR stands at 0.19. The total capital return value is set at 0.09. Equity return is now at value 9.99, with 4.61 for asset returns.
Based on Weibo Corp ADR (WB), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.8. The interest coverage ratio of the stock is 26.23.
Currently, EBITDA for the company is 530.18 million with net debt to EBITDA at 1.36. When we switch over and look at the enterprise to sales, we see a ratio of 1.67. The receivables turnover for the company is 2.07for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.34.
Conclusion
To sum up, Weibo Corp ADR (WB) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
