During the most recent trading session, shares of Weibo Corporation (NASDAQ:WB) changed -0.73%. Street analysts that track the company are anticipating the stock to go to $52.81 within the next year. Target price projections may vary greatly depending on the specific analyst providing data. This consensus target is compiled using analysts polled by Thomson Reuters.
Sell-side analysts are able to use multiple metrics in order to help calculate target price estimates. A widely used metric is a company’s preice to earnings ratio. This calculation is derived from dividing the current share price by the projected earnings per share. Weibo Corporation – American De currently has a P/E Ratio of 95.09. Investors might also evaluate a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio under one, it may be seen as undervalued. If a company has a PEG Ratio over one, it may represent that the company is overvalued. A PEG Ratio near one may be viewed as fair value. Currently, the company has a PEG Ratio of 0.94.
Looking at stock performance, company shares have recently traded $2.53 away from the 50-day moving average of $48.82 and $11.42 away from the 200-day moving average of $39.93. The stock has been recently noted -8.19% off of the 52-week high of 55.93 and +324.73% off of the 52-week low of 12.09. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.