WisdomTree, Inc. (NYSE:WT – Get Free Report) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $12.25.
A number of equities analysts have commented on WT shares. Northcoast Research downgraded shares of WisdomTree from a “strong-buy” rating to a “hold” rating in a research report on Sunday, September 15th. Oppenheimer upped their price objective on shares of WisdomTree from $12.00 to $13.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. UBS Group upped their price objective on shares of WisdomTree from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Tuesday. Craig Hallum upped their price objective on shares of WisdomTree from $12.00 to $15.00 and gave the stock a “buy” rating in a research report on Monday, July 29th. Finally, Northland Securities upped their price objective on shares of WisdomTree from $12.00 to $13.50 and gave the stock an “outperform” rating in a research report on Monday, July 29th.
Read Our Latest Research Report on WT
Institutional Trading of WisdomTree
WisdomTree Stock Up 2.1 %
WT stock opened at $10.38 on Friday. The company has a fifty day moving average price of $9.95 and a 200 day moving average price of $9.85. WisdomTree has a 12 month low of $6.06 and a 12 month high of $12.02. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 15.26 and a beta of 1.43. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.01 and a quick ratio of 2.18.
WisdomTree (NYSE:WT – Get Free Report) last released its quarterly earnings results on Friday, July 26th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $107.03 million during the quarter, compared to the consensus estimate of $103.75 million. WisdomTree had a net margin of 19.72% and a return on equity of 19.22%. Sell-side analysts expect that WisdomTree will post 0.62 earnings per share for the current year.
WisdomTree Company Profile
WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.
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