Weibo Corporation (NASDAQ:WB) moved up 6.92% and closed its last trading session at $44.81. This Computer and Technology Sector stock currently has the Market Capitalization of 10.18 Billion. The Average Volume for the stock is measured as 1.81 Million. The Stock has a 52-Week High of $55.93 and 52-Week Low of $12.09 following the dates, it touched its 52-Week High on Oct 10, 2016 and 52-Week Low on Feb 12, 2016. Currently, the Return on Assets value for the trailing twelve months is 5.5% with the Return on Equity and Return on Investment of 7.3% and 5.6% respectively. This firm currently has YTD (year to date) performance of 129.79 Percent which is awesome. The Short Ratio for the stock is 3.37.
Weibo Corporation (NASDAQ:WB) Price to Earnings (P/E) ratio is 218.59. EPS or Earning per Share stands at $0.21. The TTM operating margin is 9.8 percent.
Weibo Corporation (NASDAQ:WB) is due to report its Earnings on Mon 21 Nov (In 5 Days). The estimated EPS for the current quarter is said to be $0.18. Following Earnings result, share price were DOWN 6 times out of last 10 Qtrs. The stock has added about 12.8% since it reported its last earnings. The Closing price of Weibo Corporation (NASDAQ:WB) at Last Earnings was $37.17 as compared to the previous closing price of $41.91. The Predicted Move on the 7th day after Weibo Corporation (NASDAQ:WB) will release its earnings at about 10%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Weibo Corporation (NASDAQ:WB) beats earnings by 0%, The Stock Missed Earnings 0 times and has met earnings 0 times.
We will discuss the past Quarters Earnings below:
Weibo Corporation (NASDAQ:WB) reported its previous quarter on 08/08/2016 where it reported the Actual Earnings of $0.16. The Closing price before the company posted its earnings was $37.17. The Stock surged on the very next day of earnings and maintained its stock price at $41.81 by showing a % change of 12.48 percent from its previous closing price. The Next Day Volume after Earnings was reported as 3.38 Million. On the 7th day After Earnings Report, the stock hit its share price as $45.72 by showing 23% increase from the Stock price Before Earnings were reported.
On 05/11/2016, the stock reported the EPS of $0.07 where Analysts were projecting the EPS to be $0.04 showing a difference of $0.03. Thus Surprise Factor was there with 75 percent. Before Earnings Announcement on 05/11/2016, the firm had its stock price of $23.08. And immediately on the next day after earnings announcement, the stock declined -1.13% and closed its trading session at $22.82. On 7th Day after earnings release, Weibo Corporation (NASDAQ:WB) surged to 1.17% from $23.08 to $23.35.
On 03/02/2016, Analysts were suspecting EPS of $0.13/share where Weibo Corporation (NASDAQ:WB) reported its Actual EPS of $0.15. Thus showing a Surprise of 15.4 percent. The Closing Price of the stock before earnings was $14.55 while on the Next day the stock closed its trading session at $15.93 with a percentage change of 9.48% from the price of 14.55 before Earnings. The Stock Closing Price on the 7th day of earnings was $16.78.
Weibo Corporation operates as a social media platform for people to create, distribute, and discover Chinese-language content. It operates through two segments, Advertising and Marketing Services, and Other Services. The company offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products to help users discover content on its platform; and notifications to notify users on Weibo account activities through SMS or push notification on their device. It also provides third-party online games, including role playing, card, strategy, and real life simulation games, as well as various services and functions to VIP members; and develops mobile apps comprising Weibo Headlines that aggregates news and information from Weibo and other online sources, as well as Weibo Weather, a weather app. In addition, the company offers advertising and marketing solutions, such as social display ads; and promoted feeds, accounts, and trends to enable its customers to promote their brands and conduct marketing activities. Further, it provides products that allow its platform partners to link their Websites and mobile apps to its platform, enabling their users to share content to Weibo; application programming interfaces, which allow third-party developers to build apps to serve individual and organization users; Weibo Credit that allows its users to purchase in-game virtual items and other fee-based services on Weibo, as well as for its platform partners to receive payment in a secure and trusted environment; and Weibo wallet, enabling individuals and businesses to hand out red envelops to build a follower base. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation is a subsidiary of SINA Corporation.