Wisdomtree Invstmnts (NASDAQ:WETF) shares traded -2.11% down during most recent session to reach at the closing price of $7.89. The stock exchanged hands 1.91 Million shares versus average trading capacity of 1.12 Million shares, yielding a market cap of $1.25 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.35 within the next 52-weeks. The mean target projections are based on 10 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Wisdomtree Invstmnts (NASDAQ:WETF) high price target of $13 and with a conservative view have low price target of $6.
Morgan Stanley “Maintained” Wisdomtree Invstmnts (NASDAQ:WETF) in a research note issued to investors on 10/09/18 to Equal-Weight with price target of $9.5.
Additionally on 9/20/18 Citigroup “Maintained” Wisdomtree Invstmnts (NASDAQ:WETF) to Sell setting price target at $6 and on 8/02/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $10. Furthermore on 7/31/18 Citigroup “Downgrades” the stock to Sell at $7.
On the other hand the company has Relative Strength Index (RSI 14) of 42.59 along with Average True Range (ATR 14) of 0.27, Consequently Wisdomtree Invstmnts (NASDAQ:WETF)’s weekly and monthly volatility is 3.25%, 3.29% respectively. The company’s beta value is at 2.37.
In terms of Buy, Sell or Hold recommendations, Wisdomtree Invstmnts (NASDAQ:WETF) has analysts’ mean recommendation of 3.1. 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 $0.08 and can go high up to $0.1. The consensus mean EPS for the current quarter is at $0.09 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.06 earnings per share for the same quarter during last year.
Previously Wisdomtree Invstmnts (NASDAQ:WETF) reported $0.1 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. The company posted an earnings surprise of 11.1%.
Wisdomtree Invstmnts (NASDAQ:WETF)’s revenue estimates for the current quarter are $72.3 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $73.3 Million in contradiction of low revenue estimates of $71.24 Million. For the current year the company’s revenue estimates are $279.41 Million compared to low analyst estimates of $276.9 Million and high estimates of $283 Million according to 9 number of analysts.
Currently Wisdomtree Invstmnts (NASDAQ:WETF)’s shares owned by insiders are 8.5%, whereas shares owned by institutional owners are 79.5%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.03%.
Wisdomtree Invstmnts (NASDAQ:WETF)’s trailing twelve month revenues are $253.1 Million, whereas its price to sales ratio for the same period is 4.94. Its book value per share for the most recent quarter is $2.37 while its price to book ratio for the same period is 3.33, 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 1.07 whereas its trailing twelve month P/E ratio is 34.76.