When is Weibo Corporation (WB) going to be good investment?
Weibo Corporation (NASDAQ:WB) has a beta value of 1.06 and has seen 20,016,715 shares traded in the last trading session. The company, currently valued at $13.16 Billion, closed the last trade at $57.74 per share which meant it gained $3.43 on the day or 6.32% during that session. The WB stock price is -10.06% off its 52-week high price of $63.55 and 43.71% above the 52-week low of $32.5. If we look at the companys 10-day average daily trading volume, we find that it stood at 924.56 Million shares traded. The 3-month trading volume is 1.16 Million shares. The consensus among analysts is that Weibo Corporation (WB) is an Overweight stock at the moment, with a recommendation rating of 2.1. 2 analysts rate the stock as a Sell, while none rate it as Overweight. 8 out of 21 have rated it as a Hold, with 11 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.63. Weibo Corporation (NASDAQ:WB) trade information  Sporting 6.32% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jul 06 when the WB stock price touched $62.76- or saw a rise of 8%. Year-to-date, Weibo Corporation shares have moved 40.86%, while the 5-day performance has seen it change 10.42%. Over the past 30 days, the shares of Weibo Corporation (NASDAQ:WB) have changed 20.97%. Short interest in the company has seen 12.59 Million shares shorted with days to cover at 10.85. Wall Street analysts have a consensus price target for the stock at $56.64, which means that the shares value could jump -1.91% from current levels. The projected low price target is $40 while the price target rests at a high of $70. In that case, then, we find that the current price level is +21.23% off the targeted high while a plunge would see the stock lose -30.72% from current levels. Weibo Corporation (WB) estimates and forecasts  Figures show that Weibo Corporation shares have underperformed across the wider relevant industry. The companys shares have gained +42.01% over the past 6 months, with this year growth rate of 15.97%, compared to 23.8% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 26% and 7.6% for the next quarter. Revenue growth from the last financial year stood is estimated to be +26.4%. 7 analysts offering their estimates for the company have set an average revenue estimate of $523.88 Million for the current quarter. 7 have an estimated revenue figure of $560.71 Million for the next quarter concluding in September 01, 2021. Year-ago sales stood $387.39 Million and $465.74 Million respectively for this quarter and the next, and analysts expect sales will grow by 35.2% for the current quarter and 20.4% for the next. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +53.9% over the past 5 years. Earnings growth for 2021 is a modest -37% while over the next 5 years, the companys earnings are expected to increase by 2.52%. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  Weibo Corporation (NASDAQ:WB)s Major holders  Insiders own 7.14% of the company shares, while shares held by institutions stand at 48.25% with a share float percentage of 51.96%. Investors are also buoyed by the number of investors in a company, with Weibo Corporation having a total of 315 institutions that hold shares in the company. The top two institutional holders are Alibaba Group Holding Ltd with over 9Million shares worth more than $454.14 Million. As of March 30, 2021, Alibaba Group Holding Ltd held 7.14% of shares outstanding. The other major institutional holder is Invesco Ltd., with the holding of over 8.34 Million shares as of March 30, 2021. The firms total holdings are worth over $421.07 Million and represent 6.62% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Wells Fargo Emerging Markets Equity Fd and Price (T.Rowe) Emerging Markets Discovery Stock Fund. As of April 29, 2021, the former fund manager holds about 1.43% shares in the company for having 1796634 shares of worth $90.55 Million while later fund manager owns 1.05 Million shares of worth $52.9 Million as of April 29, 2021, which makes it owner of about 0.83% of companys outstanding stock.