Weibo Corp (NASDAQ:WB) opened at 74.80 on Thursday. They presently have a $85.00 price target on the information services provider's stock, up from their previous price target of $66.00.
05/09/2017 - Weibo Corporation had its "buy" rating reiterated by analysts at T.H. Capital. Zacks Investment Research raised Weibo Corp from a hold rating to a buy rating and set a $61.00 price target for the company in a research report on Thursday, April 27th. TheStreet upgraded Weibo Corp from a "c" rating to a "b-" rating in a report on Monday, April 17th. They set a buy rating and a $65.00 price target for the company. Jefferies Group LLC upped their target price on Weibo Corp to $67.00 and gave the company a "buy" rating in a report on Wednesday, March 1st. Instinet initiated coverage on shares of Weibo Corp in a research report on Monday, February 13th. They set a buy rating and a $63.00 price objective on the stock. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company.
The company's consensus rating on Reuter's scale improved from 2 to 3 during a month.
Weibo Corp (NASDAQ:WB) traded up 5.087% during trading on Wednesday, hitting $78.605. The stock had a trading volume of 3,456,680 shares. Weibo Corp has a 1-year low of $22.89 and a 1-year high of $79.70. The firm's 50 day moving average price is $55.54 and its 200-day moving average price is $49.86. The company has a market capitalization of $15.94 billion, a P/E ratio of 116.88 and a beta of 2.66.
Weibo Corp (NASDAQ:WB) last issued its quarterly earnings results on Tuesday, May 16th. The information services provider reported $0.26 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.05. The firm had revenue of $199.20 million for the quarter, compared to analyst estimates of $188.29 million. Weibo Corp had a return on equity of 12.79% and a net margin of 14.22%. The Average Volume of the company is 1.99 Million and P/E (price to earnings) ratio is 163.64, while Forward P/E ratio is 40.35. During the same period in the prior year, the business posted $0.07 earnings per share.
Sesame Street, SeaWorld plan more joint theme parks
It now has a Sesame Place theme park in Langhorne, Pennsylvania, between Philadelphia and New York City, which opened in 1980. The new park will open no later than mid-2021, but a location hasn't been determined, officials said.
Moto C & C Plus Won't Let Price Bring It Down
Combined with the low-power processors and low-resolution screens, both phones should have great battery life in real-world usage. They are expected to launch a slew of devices, most of which will be refined versions of their previous flagship smartphones.
The consensus analysts recommendation at this point stands at 1.90 on Weibo Corporation (NASDAQ:WB).
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Several hedge funds and other institutional investors have recently modified their holdings of WB. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Weibo Corp during the third quarter worth approximately $13,544,000. Ariose Capital Management Ltd purchased a new stake in Weibo Corp during the third quarter worth about $2,948,000. Ladenburg Thalmann Financial Services Inc. increased its stake in Weibo Corp by 183.5% in the fourth quarter. Wells Fargo & Company MN now owns 3,017,638 shares of the information services provider's stock valued at $151,305,000 after buying an additional 79,178 shares in the last quarter. Investors will be keeping a close eye on the stock during this session to see if the upward trend will remain throughout the day.
Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The Firm provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. On the other hand, such growth rates in EPS are more consistent in case of "matured companies" which has experienced a whole economic cycle of expansion and contraction, through a bear market phase along with a bull run.
Just a few minutes later, Smart took the same walk and smiled at Olynyk - already sitting in his vehicle and waiting to go home. On Monday night, the Celtics stood tall on the dramatic, nerve-infested stage that is an Eastern Conference semifinal Game 7.
Chaque fois! Peu d'arbitres nous aident , l'OM n'obtient jamais de penalty, mais lui, il lui faut une médaille ." a confié Fanni. Dimanche dernier l'OM se déplaçait sur la pelouse de Bordeaux pour un match très attendu.
The Wizards got into the paint with nearly no resistance and despite starting Amir Johnson , there was zero presence on the glass. He was loudly booed every time he touched the ball, including a missed three with a minute left in the first quarter.
It was a blindside that will substantially escalate the investigation into the Trump campaign's dealings with Russian Federation . Last week, the New York Times reported that President Trump raised the idea of Guilfoyle as press secretary to his associates.
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Two years later, he announced a run for New York City mayor but dropped out of the race when more explicit messages became public. Weiner cried in court as he apologized to the 15-year-old girl at the heart of the sexting case, The Associated Press reported .
Temer refused on Thursday to resign after the Supreme Court authorized an investigation into the allegations. Strong economic indicators from the U.S. helped lift the dollar overnight, but it slipped back on Friday.
Moline Police Officers are raising money for the Illinois Special Olympics today from thirty feet off the ground. Dunkin' donuts themselves will be donating 15-thousand dollars to the IL law enforcement torch run.
From its founding, de la Torre envisioned the company growing beyond MA , but his plans didn't materialize until recently. A Steward spokesman said the company wouldn't offer additional details until the deal is officially finalized.
The four Dhams have their varied and distinctive elevation levels along with unique spiritual significance. As per the reconnaissance survey, the total route length is 327 km and will cost Rs 43,292 crore.
Trump tells Russians Comey was a 'nut job'
The appointment of the special counsel indicates others believe that's still open to question. But when I made that decision, I actually thought that it would be a bipartisan decision.
Microsoft Blames Spy Agencies For Ransomware Attack
Unfortunately, there are many systems that simply are rarely updated , such (believe it or not) many military systems. Users of older software, such as Windows XP, had to pay hefty fees for technical support, it added.
Le PSG échoue en finale — CdF-F
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14th GST Council Meeting at SKICC today
The meeting of the Fitment Committee and preparatory meeting of the officers was convened at SKICC here today in this regard. Jaitley had earlier this month expressed confidence of the GST Council arriving at tax rates in the May 18-19 meeting.
Kerala out of top three in fish catch
At the retail level, the estimated value was Rs 73,289 crore with an increase of 12.44 per cent over the previous year. CMFRI's landing report showed that chub mackerel ( Scomber indicus ) was limited to the Kerala coasts alone.
Zynga's (ZNGA) "Buy" Rating Reaffirmed at Jefferies Group LLC
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