Let’s Take a Fresh Look at Weibo Corporation (WB)

On Tuesday, shares of Weibo Corporation (NASDAQ:WB) marked $50.41 per share versus a previous $51.69 closing price. With having a -2.48% loss, an insight into the fundamental values of Weibo Corporation, investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. WB showed a rise of 8.76% within its YTD performance, with highs and lows between $34.26 – $74.68 during the period of 52 weeks, compared to the simple moving average of 3.97% in the period of the last 200 days.

CLSA equity researchers changed the status of Weibo Corporation (NASDAQ: WB) shares from “Buy” to a “Outperform” rating in the report published on November 15th, 2019. Other analysts, including Credit Suisse, also published their reports on WB shares. Credit Suisse repeated the rating from the previous report, marking WB under “Neutral” rating, in the report published on November 14th, 2019. Additionally, WB shares got another “Buy” rating from Jefferies. On the other hand, CLSA Upgrade the “Buy” rating for WB shares, as published in the report on August 19th, 2019. Jefferies seems to be going bullish on the price of WB shares, based on the price prediction for WB. Another “Neutral” rating came from JP Morgan.

Weibo Corporation (WB) Analysis

The present dividend yield for WB owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording 1.70%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Weibo Corporation (WB) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 28.90% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 4.50 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while WB is currently recording an average of 1.81M in volumes. The volatility of the stock on monthly basis is set at 3.48%, while the weekly volatility levels are marked at 4.65%with 3.09% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $49.30, indicating growth from the present price of $50.41, which can represent yet another valuable research and analysis points that can help you decide whether to invest in WB or pass.

What to Look for When Analyzing Weibo Corporation Shares?

Weibo Corporation (WB) is based in the China and it represents one of the well-known company operating with Technology sector. If you wish to compare WB shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 20.63 for Weibo Corporation, while the value 17.63 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 2.44 is supported by the yearly ESP growth of 57.10%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 7.59%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 43.80% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in WB Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in WB in the recent period. That is how Alibaba Group Holding Ltd. now has an increase position in WB by 0.00% in the first quarter, owning 9 million shares of WB stocks, with the value of $417.15 million after the purchase of an additional 0 shares during the last quarter. In the meanwhile, Schroder Investment Management also increased their stake in WB shares changed 298.21% in the first quarter, which means that the company now owns 5.11 million shares of company, all valued at $236.97 million after the acquisition of additional 3,828,683 shares during the last quarter.

Invesco Hong Kong Ltd. acquired a new position in Weibo Corporation during the first quarter, with the value of $187.57 million, and Platinum Investment Management Lt increased their stake in the company’s shares by 0.00% in the first quarter, now owning 0 shares valued at $143.53 million after the acquisition of the additional 3.1 million shares during the last quarter. In the end, Wells Capital Management, Inc. increased their position by 186.99% during the first quarter, now owning 2.76 million WB shares, now holding the value of $128 million in WB with the purchase of the additional 526,000 shares during the period of the last quarter. At the present, 43.80% of WB shares are in the ownership of institutional investors.