Stock Rating Upgrade
The Value Trend Rating for WisdomTree Inc (NYSE: WT) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
WisdomTree Inc (NYSE: WT) stock enjoyed a large increase of 2.1% on 5/3/24. The stock closed at $9.26. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.6% 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 B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. WisdomTree has a slightly negative Appreciation Score of 36 but a very high Power Rating of 92, resulting in the Positive Value Trend Rating.
Be the first to comment