Earnings results for Wisdom Tree Investments (NASDAQ:WETF)
Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.04 and increased over the past month from 0.03 to 0.04(33.33%). Of the 4 analysts making quarterly forecasts, 4raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 0.21 and increased over the past month from 0.18 to 0.21(16.67%). Of the 6 analysts making yearly forecasts, 5raised and 1 lowered their forecast.
Wisdom Tree Investments last announced its quarterly earnings results on May 1st, 2020. The asset manager reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. The company had revenue of $63.90 million for the quarter, compared to analyst estimates of $64.81 million. Its quarterly revenue was down 2.4% on a year-over-year basis. Wisdom Tree Investments has generated $0.22 earnings per share over the last year. Wisdom Tree Investments has confirmed that its next quarterly earnings report will be published on Friday, July 31st, 2020. Wisdom Tree Investments will be holding an earnings conference call on Friday, July 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
Analyst Opinion on Wisdom Tree Investments (NASDAQ:WETF)
5 Wall Street analysts have issued ratings and price targets for Wisdom Tree Investments in the last 12 months. Their average twelve-month price target is $3.53, suggesting that the stock has a possible downside of 0.84%. The high price target for WETF is $4.75 and the low price target for WETF is $2.75. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”
Wisdom Tree Investments has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $3.53, Wisdom Tree Investments has a potential downside of 0.8% from its current price of $3.56. Wisdom Tree Investments has only been the subject of 4 research reports in the past 90 days.
Dividend Strength: Wisdom Tree Investments (NASDAQ:WETF)
Wisdom Tree Investments pays a meaningful dividend of 3.45%, higher than the bottom 25% of all stocks that pay dividends. Wisdom Tree Investments does not have a long track record of dividend growth. The dividend payout ratio of Wisdom Tree Investments is 54.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Wisdom Tree Investments will have a dividend payout ratio of 50.00% next year. This indicates that Wisdom Tree Investments will be able to sustain or increase its dividend.
Insiders buying/selling: Wisdom Tree Investments (NASDAQ:WETF)
In the past three months, Wisdom Tree Investments insiders have not sold or bought any company stock. Only 8.10% of the stock of Wisdom Tree Investments is held by insiders. 69.86% of the stock of Wisdom Tree Investments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Wisdom Tree Investments (NASDAQ:WETF
Earnings for Wisdom Tree Investments are expected to grow by 14.29% in the coming year, from $0.21 to $0.24 per share. The P/E ratio of Wisdom Tree Investments is -356.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Wisdom Tree Investments is -356.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Wisdom Tree Investments has a PEG Ratio of 0.72. PEG Ratios below 1 indicate that a company could be undervalued. Wisdom Tree Investments has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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