For its second fiscal quarter (ending June 30), WisdomTree Inc (NYSE: WT) has reported E.P.S. of $0.13 compared to $0.32 a year ago. For the latest four quarters through June 30, E.P.S. were $0.50 versus $0.73 for the same period a year ago.
Recent Price Action
WisdomTree Inc (NYSE: WT) stock closed at $11.62 on 7/26/24 after a very large increase of 6.4%. Moreover, trading volume in this advance was exceptionally high at 266% of normal. The stock has risen 7.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. WisdomTree has a slightly negative Appreciation Score of 32 but a very high Power Rating of 98, producing the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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