A number of research firms have changed their ratings and price targets for WisdomTree Investments (NASDAQ: WETF):
Shares of WisdomTree Investments Inc. (NASDAQ:WETF) traded up 1.28% during trading on Wednesday, hitting $10.30. The stock had a trading volume of 1,244,822 shares. WisdomTree Investments Inc. has a one year low of $8.70 and a one year high of $22.33. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 23.90 and a beta of 2.65. The stock’s 50-day moving average price is $10.23 and its 200 day moving average price is $10.77.
WisdomTree Investments (NASDAQ:WETF) last released its earnings results on Friday, July 29th. The company reported $0.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.04. WisdomTree Investments had a net margin of 21.72% and a return on equity of 26.72%. The business earned $55.98 million during the quarter, compared to analysts’ expectations of $55.01 million. During the same quarter last year, the company earned $0.18 earnings per share. The firm’s revenue was down 31.4% on a year-over-year basis. On average, equities analysts forecast that WisdomTree Investments Inc. will post $0.23 EPS for the current year.