WisdomTree Investments, Inc. (NASDAQ:WETF) stock is currently pricing at roughly $8.35. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 9 analysts covering the company at $8.50. That suggests shares of the stock may have another 2 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $16.00, which would imply another 8 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 1 “Buy” ratings in place. At the same time, 1 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 5 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Citigroup took a look at WETF shares in a research note released on Feb 06, 2017, and issued a Neutral rating to this company. UBS analysts provided their own take on company recently as well. In a research note published on Nov 02, 2016,the house assigned a Sell rating to this stock. According to a piece that hit the wires on Jun 28, 2016, researchers at BofA/Merrill reconsidered their prior rating on the stock, and lowered it from Buy Perform to Neutral.
WisdomTree Investments, Inc. (WETF) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 15.60 percent of the stock.
If we take a more granular look, Michael H. Steinhardt is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 10,835,701 shares, representing a total current market value of roughly $90478103.35. Mr. Jonathan L. Steinberg is another major player among company insiders, currently holding 7,462,868 shares as of 5.46%, carrying a current market value of $62314947.8. Peter M. Ziemba is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 864,104 shares, valued at around $7215268.4 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-03-16, the company’s CEO Steinberg Jonathan L Purchased 97,971 company shares for 895450. That means, once accounting for this transaction, the CEO is left with a stake of 7,463,666 shares, carrying a current total market value of $62321611. In addition, by means of a transaction dated 2016-09-14, CEO Steinberg Jonathan L purchased 100,000 shares worth $1023000. After that transaction, this investor is left with a total holding of 7,484,799 shares, representing a total investment value of $62498071.65. We also noted a 2016-08-19 transaction in which WETF CEO Steinberg Jonathan L purchased 250,000 shares at a stock price of $10.16, carrying a total value of $2540000, after which, this insider’s investment stands at 7,384,799 shares, with an overall financial value of $61663072.
WisdomTree Investments, Inc. (NASDAQ:WETF) Earnings View
In the company’s last quarter, WETF EPS moved to $ from $ compared sequentially with the prior quarter. Revenues for the company came in at $M. This stacks up against $M, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $ per share on $M in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $0.04 to $0.07. On a year-over-year basis, that compares with an EPS comp of $.