CVE:WED

Westaim (WED) Stock Price, News & Analysis

C$3.78
+0.07 (+1.89%)
(As of 04:18 PM ET)
Today's Range
C$3.70
C$3.78
50-Day Range
C$3.54
C$3.75
52-Week Range
C$2.81
C$3.92
Volume
46,827 shs
Average Volume
126,442 shs
Market Capitalization
C$525.76 million
P/E Ratio
2.18
Dividend Yield
4.76%
Price Target
C$4.75
WED stock logo

About Westaim Stock (CVE:WED)

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds. The firm seeks to provide long term capital to businesses operating in the global financial services industry. It typically acquires controlling interests in businesses. The firm seeks to acquire debt, equity, or derivative securities of both public and private companies. It invests with the objective of providing its shareholders with capital appreciation and real wealth preservation. The firm seeks to provide its portfolio companies with advisory services including, but not limited to, advice on capital allocation, financing strategy, performance measurement and merger and acquisition support. It also seeks to partner with like-minded providers of third party capital to help supplement the firm's own capital, when completing acquisitions. The firm generally seeks to hold its investments for seven to 15 years. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada.

WED Stock Price History

WED Stock News Headlines

The Westaim Corporation (WED.V)
Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
The Westaim Corp WED
The Westaim Corp WEM1
Diana 'wanted to wed doctor'
Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
Westaim prices SKWD's upsized 5M offering
The Westaim Corp WEDXF
Closing Bell: The Westaim Corp up on Monday (WED)
Wheat Continuing Higher into Wednesday
Closing Bell: The Westaim Corp down on Thursday (WED)
Are we all going to die next Wednesday?
The Westaim Corporation Reports Q2 2023 Results
Closing Bell: The Westaim Corp flat on Wednesday (WED)
Closing Bell: The Westaim Corp up on Friday (WED)
Closing Bell: The Westaim Corp down on Friday (WED)
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
4/23/2024
Next Earnings (Estimated)
5/21/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$4.75
High Stock Price Target
C$4.75
Low Stock Price Target
C$4.75
Potential Upside/Downside
+28.0%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
C$183.98 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$212.78 million
Cash Flow
C$3.70 per share
Book Value
C$3.93 per share

Miscellaneous

Free Float
N/A
Market Cap
C$516.02 million
Optionable
Not Optionable
Beta
0.39
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Key Executives

  • Mr. John Cameron MacDonald CFA
    President, CEO & Director
  • Mr. Glenn Garry MacNeil C.A. (Age 65)
    C.M.A., CPA, CFA, CPA, Chief Financial Officer
    Comp: $692.69k
  • Mr. Robert Terrance Kittel CFA (Age 52)
    CPA, Chief Operating Officer
    Comp: $1.51M
  • Mr. Stephen Lyndon Way (Age 75)
    Chief Executive of HIIG
    Comp: $711.47k
  • Ms. Karen Woodfield
    Controller
  • Mr. Nakul Randev
    Principal
  • Ms. Cristina Nunes
    Advisor
  • Mr. William R. Andrus (Age 74)
    Advisor

WED Stock Analysis - Frequently Asked Questions

What is Westaim's stock price target for 2024?

0 Wall Street analysts have issued twelve-month target prices for Westaim's shares. Their WED share price targets range from C$4.75 to C$4.75. On average, they anticipate the company's stock price to reach C$4.75 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for WED
or view top-rated stocks among Wall Street analysts.

How have WED shares performed in 2024?

Westaim's stock was trading at C$3.76 at the start of the year. Since then, WED shares have increased by 0.7% and is now trading at C$3.78.
View the best growth stocks for 2024 here
.

When is Westaim's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our WED earnings forecast
.

How were Westaim's earnings last quarter?

The Westaim Co. (CVE:WED) announced its earnings results on Wednesday, March, 27th. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.16. The firm had revenue of $2.28 million for the quarter, compared to analysts' expectations of $78.71 million. Westaim had a net margin of 86.46% and a trailing twelve-month return on equity of 41.75%.

Is Westaim a good dividend stock?

Westaim (CVE:WED) pays an annual dividend of C$0.18 per share and currently has a dividend yield of 10.32%. WED has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 10.40%. This payout ratio is at a healthy, sustainable level, below 75%.

What other stocks do shareholders of Westaim own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westaim investors own include BlackBerry (BB), Editas Medicine (EDIT), Finning International (FTT), Bank of Montreal (BMO), Medical Facilities (DR), Enbridge (ENB), Ford Motor (F), General Electric (GE) and Pulse Seismic (PSD).

How do I buy shares of Westaim?

Shares of WED stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (CVE:WED) was last updated on 4/23/2024 by MarketBeat.com Staff

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