WisdomTree (WT) Scheduled to Post Earnings on Friday

WisdomTree (NYSE:WTGet Free Report) is scheduled to be issuing its 12/31/2023 quarterly earnings data before the market opens on Friday, February 2nd. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

WisdomTree Trading Down 3.2 %

WisdomTree stock opened at $6.75 on Thursday. The firm’s 50-day moving average is $6.80 and its 200-day moving average is $6.85. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.76 and a current ratio of 2.81. WisdomTree has a 1 year low of $5.53 and a 1 year high of $7.55. The company has a market cap of $1.01 billion, a P/E ratio of 23.28 and a beta of 1.42.

Institutional Trading of WisdomTree

A number of large investors have recently bought and sold shares of the business. Northern Trust Corp bought a new position in shares of WisdomTree in the third quarter valued at $10,407,000. Ameriprise Financial Inc. acquired a new stake in WisdomTree during the 3rd quarter valued at $2,891,000. Legal & General Group Plc acquired a new stake in shares of WisdomTree during the third quarter worth $2,277,000. FMR LLC bought a new position in shares of WisdomTree in the third quarter worth $1,797,000. Finally, Public Sector Pension Investment Board bought a new position in shares of WisdomTree in the third quarter worth $988,000. 79.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WT shares. UBS Group assumed coverage on shares of WisdomTree in a research note on Tuesday, October 10th. They issued a “buy” rating and a $9.00 price objective on the stock. Morgan Stanley lowered their price objective on shares of WisdomTree from $7.50 to $7.25 and set an “equal weight” rating on the stock in a research report on Friday, October 6th. Northcoast Research raised shares of WisdomTree from a “neutral” rating to a “buy” rating and set a $9.00 price objective on the stock in a research report on Thursday, December 28th. Finally, Oppenheimer lifted their target price on shares of WisdomTree from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Friday, January 12th.

Read Our Latest Stock Analysis on WT

WisdomTree Company Profile

(Get Free Report)

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.

Further Reading

Earnings History for WisdomTree (NYSE:WT)

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