Analyst Ratings for Weibo Corp. ADR (WB)

Updated: 2017-07-27

Weibo Corp. ADR (NASDAQ:WB) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, WB was issued an average rating of Buy.

Of the 20 analysts covering the stock, 15 gave it a buy rating, 1 gave an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for WB. The most optimistic analyst gave a price target of 100.7, implying a possible profit of 28.56 percent. The most pessimistic price target was 63, implying potential capital losses of -19.57 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.43 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 22 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.68 percent. If we look at the last 90 days instead, we find a net average change of 13.7 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

WB has an estimated earnings growth rate of 122.86 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of WB is 0.99.

WB has traded between a high of 82.28 and a low of 31.25 over the past year. The current market price is above the trailing year's low by 150.66 percent, and 4.8 percent below the high. WB has a price/earnings ratio of 121.97. Investors typically compare the P/E ratio to a company's peers in the industry. The WB value stock report compares WB to some of its peers using value stock charts. The market cap of WB is $16.69 billion. WB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.