Wisdomtree Invstmnts (NASDAQ:WETF) shares traded 2% up during most recent session to reach at the closing price of $11.73. The stock exchanged hands 2.45 Million shares versus average trading capacity of 1.54 Million shares, yielding a market cap of $1.61 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $11.61 within the next 52-weeks. The mean target projections are based on 9 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Wisdomtree Invstmnts (NASDAQ:WETF) high price target of $14.5 and with a conservative view have low price target of $8.5.
UBS “Maintained” Wisdomtree Invstmnts (NASDAQ:WETF) in a research note issued to investors on 11/14/17 to Sell with price target of $8.5.
Additionally on 11/14/17 Keefe Bruyette & Woods “Upgrades” Wisdomtree Invstmnts (NASDAQ:WETF) to Market Perform setting price target at $0 and on 10/31/17 Citigroup “Maintained” the stock to Buy at $0. Furthermore on 10/17/17 Deutsche Bank “Initiates Coverage On” the stock to Buy at $13.
On the other hand the company has Relative Strength Index (RSI 14) of 59.06 along with Average True Range (ATR 14) of 0.4, Consequently Wisdomtree Invstmnts (NASDAQ:WETF)’s weekly and monthly volatility is 3.74%, 3.30% respectively. The company’s beta value is at 3.17.
In terms of Buy, Sell or Hold recommendations, Wisdomtree Invstmnts (NASDAQ:WETF) has analysts’ mean recommendation of 2.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Wisdomtree Invstmnts (NASDAQ:WETF)’s minimum EPS for the current quarter is at $0.06 and can go high up to $0.07. The consensus mean EPS for the current quarter is at $0.07 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.02 earnings per share for the same quarter during last year.
Previously Wisdomtree Invstmnts (NASDAQ:WETF) reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06 by $0. The company posted an earnings surprise of 0%.
While considering growth estimates of the company, it has next quarter growth estimates of 20% whereas during current quarter it has 250% estimations over growth, comparing to the estimations of 31.6% during current year and 40% for next year. Past 5 years growth of Wisdomtree Invstmnts (NASDAQ:WETF) observed at -3.23%, looking forward for the next 5 years it has a strong prediction of 43.08% over growth.
Wisdomtree Invstmnts (NASDAQ:WETF)’s revenue estimates for the current quarter are $59.79 Million according to 10 number of analysts, for the current quarter the company has high revenue estimates of $60.7 Million in contradiction of low revenue estimates of $57.32 Million. For the current year the company’s revenue estimates are $233.23 Million compared to low analyst estimates of $226.05 Million and high estimates of $236.7 Million according to 11 number of analysts.
Currently Wisdomtree Invstmnts (NASDAQ:WETF)’s shares owned by insiders are 8.7%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -0.25%, as well as three-month change in the institutional ownership was recorded -3.08%.
Wisdomtree Invstmnts (NASDAQ:WETF) 52-week high price stands at $13.32 and low price stands at $7.87, its price distance from 52-week high is -11.94% while its distance from 52-week low price is 49.05%. The stock hit its 52-week high on 12/09/16, and 52-week low on 05/02/17.
Wisdomtree Invstmnts (NASDAQ:WETF)’s trailing twelve month revenues are $219.9 Million, whereas its price to sales ratio for the same period is 7.3. Its book value per share for the most recent quarter is $1.51 while its price to book ratio for the same period is 7.77, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 1.25 whereas its trailing twelve month P/E ratio is 54.06.