Media headlines about WisdomTree Investments (NASDAQ:WETF) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. WisdomTree Investments earned a news impact score of 0.08 on Accern’s scale. Accern also gave news stories about the asset manager an impact score of 44.9056696253703 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
Several brokerages have recently weighed in on WETF. Northland Securities reissued a “hold” rating and set a $12.00 price objective on shares of WisdomTree Investments in a report on Sunday, October 29th. Zacks Investment Research lowered WisdomTree Investments from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. BidaskClub raised WisdomTree Investments from a “buy” rating to a “strong-buy” rating in a report on Friday, December 22nd. Jefferies Group restated a “buy” rating and set a $15.00 target price on shares of WisdomTree Investments in a research report on Thursday, January 11th. Finally, Citigroup restated a “buy” rating and set a $15.00 target price on shares of WisdomTree Investments in a research report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $11.94.
WisdomTree Investments (NASDAQ:WETF) opened at $13.23 on Tuesday. The company has a market capitalization of $1,811.34, a P/E ratio of 60.14, a P/E/G ratio of 2.11 and a beta of 3.16. WisdomTree Investments has a 52-week low of $7.87 and a 52-week high of $13.41.
WisdomTree Investments (NASDAQ:WETF) last issued its quarterly earnings data on Friday, October 27th. The asset manager reported $0.06 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.06. WisdomTree Investments had a return on equity of 15.47% and a net margin of 12.98%. The firm had revenue of $57.99 million during the quarter, compared to the consensus estimate of $57.89 million. During the same quarter in the previous year, the company posted $0.06 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. equities analysts forecast that WisdomTree Investments will post 0.25 earnings per share for the current year.
In other WisdomTree Investments news, Director Frank Salerno sold 50,000 shares of WisdomTree Investments stock in a transaction on Friday, December 15th. The stock was sold at an average price of $11.71, for a total value of $585,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 16.60% of the company’s stock.
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About WisdomTree Investments
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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