News articles about WisdomTree Investments (NASDAQ:WETF) have been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WisdomTree Investments earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave press coverage about the asset manager an impact score of 46.1274860888743 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- WisdomTree Schedules Earnings Conference Call for Q3 on October 27, 2017 at 9:00 a.m. ET (finance.yahoo.com)
- WisdomTree Schedules Earnings Conference Call for Q3 on October 27, 2017 at 9:00 a.m. ET (feeds.benzinga.com)
- Analysts Issue Forecasts for WisdomTree Investments, Inc.’s FY2018 Earnings (WETF) (americanbankingnews.com)
- WisdomTree Investments, Inc. (WETF) Expected to Announce Quarterly Sales of $58.19 Million (americanbankingnews.com)
- WisdomTree Investments, Inc. (WETF) Downgraded to “Sell” at Zacks Investment Research (americanbankingnews.com)
Shares of WisdomTree Investments (NASDAQ WETF) traded up 1.51% on Wednesday, reaching $10.75. The company had a trading volume of 1,239,147 shares. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 48.86 and a beta of 3.15. WisdomTree Investments has a 52-week low of $7.87 and a 52-week high of $13.32. The company’s 50-day moving average price is $9.45 and its 200-day moving average price is $9.48.
WisdomTree Investments (NASDAQ:WETF) last posted its earnings results on Friday, July 28th. The asset manager reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. WisdomTree Investments had a return on equity of 15.41% and a net margin of 13.33%. The firm had revenue of $63.40 million for the quarter, compared to the consensus estimate of $57.27 million. During the same quarter in the prior year, the business earned $0.07 EPS. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. On average, analysts predict that WisdomTree Investments will post $0.25 earnings per share for the current year.
A number of research firms have commented on WETF. ValuEngine downgraded WisdomTree Investments from a “hold” rating to a “sell” rating in a report on Thursday, July 20th. Zacks Investment Research downgraded WisdomTree Investments from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. BidaskClub downgraded WisdomTree Investments from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Gabelli restated a “buy” rating on shares of WisdomTree Investments in a report on Monday, July 31st. Finally, UBS AG restated a “sell” rating and issued a $8.00 price objective (up previously from $7.50) on shares of WisdomTree Investments in a report on Monday, July 31st. Six investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $10.25.
In related news, Director Bruce I. Lavine sold 19,849 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $9.95, for a total value of $197,497.55. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 16.60% of the company’s stock.
WisdomTree Investments Company Profile
WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.
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