This trade activity should not be overlooked: Weibo Corp ADR (WB)

With 1.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.4 million shares. The 52-week range on WB shows that it touched its highest point at $12.40 and its lowest point at $7.03 during that stretch. It currently has a 1-year price target of $10.93. With its current market cap of 1.67 billion, WB has annualized dividend of $0.00 while the current yield stands at 0.00%. Beta for the stock currently stands at 0.06.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WB was up-trending over the past week, with a rise of 8.82%, but this was down by -0.09% over a month. Three-month performance surged to 12.12% while six-month performance rose 45.20%. The stock gained 34.70% in the past year, while it has gained 12.36% so far this year. A look at the trailing 12-month EPS for WB yields 1.44 with Next year EPS estimates of 1.81. For the next quarter, that number is 0.39. This implies an EPS growth rate of -4.15% for this year and 0.57% for next year. EPS is expected to decline by -0.44% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.97%.

Float and Shares Shorts:

At present, 155.49 million WB shares are outstanding with a float of 155.43 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WB since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.83166 being high and $1.76236 being low. For WB, this leads to a yearly average estimate of $1.80196. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.