WisdomTree Investments Inc. [NASDAQ: WETF] surged by $0.2 during the normal trading session on Tuesday and reaching a high of $3.75 during the day while it closed the day at $3.66.
WisdomTree Investments Inc. stock has also gained 12.96% of its value over the past 7 days. However, WETF stock has inclined by 0.27% in the 3 months of the year. Over the past six months meanwhile, it has gained 40.23% and lost -24.38% year-on date.
The market cap for WETF stock reached $538.61 million, with 151.62 million shares outstanding and 110.66 million shares in the current float. Compared to the average trading volume of 919.02K shares, WETF reached a trading volume of 1401597 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about WisdomTree Investments Inc. [WETF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WETF shares is $3.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WETF stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northcoast have made an estimate for WisdomTree Investments Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 08, 2020. While these analysts kept the previous recommendation, UBS dropped their target price from $3.50 to $2.75. The new note on the price target was released on April 14, 2020, representing the official price target for WisdomTree Investments Inc. stock.
The Average True Range (ATR) for WisdomTree Investments Inc. is set at 0.18, with the Price to Sales ratio for WETF stock in the period of the last 12 months amounting to 2.08. The Price to Book ratio for the last quarter was 1.93, with the Price to Cash per share for the same quarter was set at 0.43. Price to Free Cash Flow for WETF in the course of the last twelve months was 17.89 with Quick ratio for the last quarter at 1.50.
WETF stock trade performance evaluation
WisdomTree Investments Inc. [WETF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.96. With this latest performance, WETF shares gained by 0.55% in over the last four-week period, additionally plugging by 40.23% over the last 6 months – not to mention a drop of -25.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WETF stock in for the last two-week period is set at 59.16, with the RSI for the last a single of trading hit 71.95, and the three-weeks RSI is set at 56.56 for WisdomTree Investments Inc. [WETF]. The present Moving Average for the last 50 days of trading for this stock 3.60, while it was recorded at 3.38 for the last single week of trading, and 3.55 for the last 200 days.
WisdomTree Investments Inc. [WETF]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and WisdomTree Investments Inc. [WETF] shares currently have an operating margin of +11.89 and a Gross Margin at +72.92. WisdomTree Investments Inc.’s Net Margin is presently recorded at -4.69.
Return on Total Capital for WETF is now 4.71, given the latest momentum, and Return on Invested Capital for the company is -1.86. Return on Equity for this stock declined to -2.62, with Return on Assets sitting at -1.34. When it comes to the capital structure of this company, WisdomTree Investments Inc. [WETF] has a Total Debt to Total Equity ratio set at 42.28. Additionally, WETF Total Debt to Total Capital is recorded at 29.71, with Total Debt to Total Assets ending up at 21.10. Long-Term Debt to Equity for the company is recorded at 57.80, with the Long-Term Debt to Total Capital now at 29.16.
Reflecting on the efficiency of the workforce at the company, WisdomTree Investments Inc. [WETF] managed to generate an average of -$60,519 per employee. Receivables Turnover for the company is 3.02 with a Total Asset Turnover recorded at a value of 0.29.WisdomTree Investments Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.50.
Earnings per share (EPS) analysis for WisdomTree Investments Inc. [WETF] stock
With the latest financial reports released by the company, WisdomTree Investments Inc. posted 0.06/share EPS, while the average EPS was predicted by analysts to be reported at 0.05/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WETF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for WisdomTree Investments Inc. go to 2.12%.
WisdomTree Investments Inc. [WETF]: Insider Ownership positions
There are presently around $392 million, or 72.40% of WETF stock, in the hands of institutional investors. The top three institutional holders of WETF stocks are: ARROWMARK COLORADO HOLDINGS LLC with ownership of 20,693,048, which is approximately 10.539% of the company’s market cap and around 0.90% of the total institutional ownership; BLACKROCK INC., holding 20,432,551 shares of the stock with an approximate value of $74.78 million in WETF stocks shares; and VANGUARD GROUP INC, currently with $50.26 million in WETF stock with ownership of nearly 3.557% of the company’s market capitalization.
Positions in WisdomTree Investments Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 91 institutional holders increased their position in WisdomTree Investments Inc. [NASDAQ:WETF] by around 13,284,096 shares. Additionally, 73 investors decreased positions by around 16,939,237 shares, while 29 investors held positions by with 76,847,971 shares. The mentioned changes placed institutional holdings at 107,071,304 shares, according to the latest SEC report filing. WETF stock had 21 new institutional investments in for a total of 2,185,113 shares, while 23 institutional investors sold positions of 4,872,038 shares during the same period.