Weibo Corporation (WB) EPS Estimated At $0.73

October 13, 2018 - By Richard Conner

Investors sentiment decreased to 1.23 in 2018 Q2. Its down 0.25, from 1.48 in 2018Q1. It is negative, as 49 investors sold Weibo Corporation shares while 62 reduced holdings. 44 funds opened positions while 92 raised stakes. 46.84 million shares or 23.44% more from 37.95 million shares in 2018Q1 were reported.
Old Mutual Customised Solutions (Proprietary) Limited invested in 2,300 shares or 0.02% of the stock. Century Cos invested 0.01% of its portfolio in Weibo Corporation (NASDAQ:WB). Raymond James Services Advsrs, Florida-based fund reported 2,625 shares. Cetera Advisors Ltd Co reported 4,178 shares. The New York-based Richard Bernstein Ltd Liability has invested 0.08% in Weibo Corporation (NASDAQ:WB). Andra Ap has 41,700 shares for 0.1% of their portfolio. Sei Communication has invested 0.05% of its portfolio in Weibo Corporation (NASDAQ:WB). Tcw Grp Inc stated it has 0.02% of its portfolio in Weibo Corporation (NASDAQ:WB). Federated Invsts Pa holds 0% in Weibo Corporation (NASDAQ:WB) or 11,100 shares. 832 are owned by Advisory Svcs Networks Ltd Limited Liability Company. Stevens Mngmt L P holds 0.02% of its portfolio in Weibo Corporation (NASDAQ:WB) for 7,089 shares. Pennsylvania-based Pnc Fincl Svcs Inc has invested 0% in Weibo Corporation (NASDAQ:WB). Nomura Asset Management has 0.29% invested in Weibo Corporation (NASDAQ:WB) for 319,300 shares. Moreover, Caisse De Depot Et Placement Du Quebec has 0.01% invested in Weibo Corporation (NASDAQ:WB). Cubist Systematic Strategies Ltd Llc accumulated 52,357 shares.

Analysts expect Weibo Corporation (NASDAQ:WB) to report $0.73 EPS on November, 6.They anticipate $0.28 EPS change or 62.22 % from last quarter’s $0.45 EPS. WB’s profit would be $162.57M giving it 20.42 P/E if the $0.73 EPS is correct. After having $0.62 EPS previously, Weibo Corporation’s analysts see 17.74 % EPS growth. The stock increased 6.84% or $3.82 during the last trading session, reaching $59.64. About 2.99 million shares traded or 29.32% up from the average. Weibo Corporation (NASDAQ:WB) has declined 34.98% since October 14, 2017 and is downtrending. It has underperformed by 50.60% the S&P500.

Weibo Corporation (NASDAQ:WB) Ratings Coverage

Among 3 analysts covering Weibo (NASDAQ:WB), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Weibo had 3 analyst reports since July 30, 2018 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Thursday, August 9 report. The rating was maintained by JP Morgan with “Overweight” on Wednesday, August 29. The stock has “Overweight” rating by Barclays Capital on Monday, July 30.

Weibo Corporation operates as a social media platform for people to create, distribute, and discover Chinese-language content. The company has market cap of $13.28 billion. It operates through two divisions, Advertising and Marketing Services, and Other Services. It has a 28.69 P/E ratio. The firm offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products to help users discover content on its platform; and notifications to notify users on Weibo account activities through SMS or push notification on their device.

Another recent and important Weibo Corporation (NASDAQ:WB) news was published by Seekingalpha.com which published an article titled: “Potential Multibaggers: Weibo, The Twitter Of China” on September 22, 2018.

Weibo Corporation (NASDAQ:WB) Ratings Chart

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