WisdomTree Inc (NYSE: WT) has reported a loss for its third fiscal quarter (ending September 30) of $-0.13 versus $0.07 for the same period a year ago — a decline of -286%. E.P.S. were $0.32 for the latest four quarters through September 30 versus $0.30 for the same period a year ago — an increase of 7%.
Recent Price Action
On 10/25/24, WisdomTree Inc (NYSE: WT) stock rose modestly by 0.9%, closing at $10.47. Moreover, exceptionally high trading volume at 205% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WT is expected to continue to be an important Value Builder.
WisdomTree has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. WisdomTree has a slightly negative Appreciation Score of 30 but a good Power Rating of 84, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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