Webull (NASDAQ:BULL) Issues Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Key Points

• Webull reported quarterly EPS of $0.04, beating analysts’ consensus estimate of $0.01 by $0.03. The company posted a 2.44% return on equity but maintained a negative net margin of 1.64%.
• Shares rose 9.0% to $8.64 in midday trading, with volume significantly above average. The stock remains below its 12-month high of $16.04 and has a market capitalization of approximately $4.59 billion.
• Analyst sentiment is mixed but leans positive, with a consensus “Moderate Buy” rating and an average price target of $13.33. Institutional investors own 92.48% of Webull’s outstanding shares.

Webull (NASDAQ:BULL - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.03, Zacks reports. Webull had a positive return on equity of 2.44% and a negative net margin of 1.64%.

Webull Trading Up 9.0%

Shares of NASDAQ BULL traded up $0.71 during midday trading on Wednesday, reaching $8.64. 31,662,785 shares of the stock were exchanged, compared to its average volume of 11,766,353. The business has a 50-day simple moving average of $7.26 and a two-hundred day simple moving average of $6.49. The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of -7.45 and a beta of 0.53. Webull has a 12 month low of $4.50 and a 12 month high of $16.04. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.35 and a quick ratio of 1.35.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Webull from a "hold" rating to a "sell" rating in a research report on Saturday, May 2nd. Rosenblatt Securities reiterated a "buy" rating and set a $13.00 price target on shares of Webull in a research report on Tuesday. Finally, Weiss Ratings downgraded shares of Webull from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $13.33.

Institutional Trading of Webull

A number of large investors have recently made changes to their positions in BULL. Invesco Ltd. bought a new position in Webull during the fourth quarter worth about $1,458,000. Vident Advisory LLC grew its stake in Webull by 345.8% in the fourth quarter. Vident Advisory LLC now owns 77,576 shares of the company's stock valued at $603,000 after acquiring an additional 60,174 shares during the period. Mackenzie Financial Corp bought a new stake in shares of Webull in the fourth quarter worth about $134,000. NewEdge Advisors LLC increased its holdings in shares of Webull by 7.9% in the fourth quarter. NewEdge Advisors LLC now owns 25,918 shares of the company's stock worth $201,000 after acquiring an additional 1,895 shares in the last quarter. Finally, XTX Topco Ltd raised its position in shares of Webull by 514.1% during the fourth quarter. XTX Topco Ltd now owns 244,344 shares of the company's stock worth $1,899,000 after purchasing an additional 204,553 shares during the period. Institutional investors own 92.48% of the company's stock.

Webull Company Profile

Webull Financial LLC is a commission-free online brokerage platform that provides individual investors with access to U.S. equities, exchange-traded funds (ETFs), options, and cryptocurrencies. Through its mobile and desktop applications, the company offers real-time market data, advanced charting tools, customizable watchlists, and streamlined order execution. Webull’s platform is designed to support both self-directed traders and investors seeking an intuitive interface coupled with professional-grade analytics.

In addition to its core trading services, Webull delivers educational resources and research tools to help users make informed decisions.

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