-logo.jpg "Weibo logo")
Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover Chinese-language content. It operates through two segments, Advertising and Marketing Services, and Value-Added Services. The company offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; and discovery products to help users discover content on its platform. It also provides third-party online games, including role-play, card, and strategy games, as well as various services and functions to VIP members. In addition, the company offers advertising and marketing solutions, such as social display advertisements; and promoted feeds, accounts, and trends enable its customers to promote their brands and conduct marketing activities. Further, it provides copyright content, such as TV channels, online video Websites, and operators with copyright content through traffic resource exchange and content traffic sharing; MCNs and other self-media to manage and provide services to content creators on Weibo, such as MCNs, unions, and e-commerce partners; other app developers an application platform which allows users to log into third-party applications; and Weibo Wallet products that enable platform partners to conduct interest generation activities on Weibo. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation is a subsidiary of SINA Corporation.
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:WB
CUSIPN/A
Phone86-10-6061-8000
Debt
Debt-to-Equity Ratio0.66
Current Ratio3.99
Quick Ratio3.99
Price-To-Earnings
Trailing P/E Ratio68.79
Forward P/E Ratio39.45
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.15 billion
Price / Sales20.64
Cash Flow$1.6271 per share
Price / Cash65.95
Book Value$5.40 per share
Price / Book19.87
Profitability
EPS (Most Recent Fiscal Year)$1.56
Net Income$352.59 million
Net Margins31.12%
Return on Equity36.15%
Return on Assets19.78%
Miscellaneous
Employees3,062
Outstanding Shares221,220,000
Weibo (NASDAQ:WB) Frequently Asked Questions
What is Weibo's stock symbol?
Weibo trades on the NASDAQ under the ticker symbol "WB."
How were Weibo's earnings last quarter?
Weibo Corp (NASDAQ:WB) issued its quarterly earnings results on Wednesday, May, 9th. The information services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.42 by $0.08. The information services provider had revenue of $319.90 million for the quarter, compared to the consensus estimate of $343.91 million. Weibo had a net margin of 31.12% and a return on equity of 36.15%. The firm's revenue was up 60.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.26 EPS. View Weibo's Earnings History.
When is Weibo's next earnings date?
What price target have analysts set for WB?
9 analysts have issued 1 year price targets for Weibo's shares. Their forecasts range from $102.00 to $160.00. On average, they expect Weibo's stock price to reach $135.1250 in the next twelve months. View Analyst Ratings for Weibo.
Are investors shorting Weibo?
Weibo saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 6,733,915 shares, an increase of 44.9% from the April 30th total of 4,647,645 shares. Based on an average daily trading volume, of 4,114,548 shares, the short-interest ratio is presently 1.6 days. Currently, 6.1% of the company's stock are short sold.
Who are some of Weibo's key competitors?
Some companies that are related to Weibo include Baidu (BIDU), Twitter (TWTR), Red Hat (RHT), IHS Markit (INFO), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), 58.com (WUBA), Line (LN), FactSet Research Systems (FDS), Tripadvisor Inc Common Stock (TRIP), Sabre (SABR), Stars Group (TSG), Wix.Com (WIX) and InterXion (INXN).
Who are Weibo's key executives?
Weibo's management team includes the folowing people:
- Mr. Gaofei Wang, Chief Exec. Officer (Age 39)
- Ms. Fei Cao, CFO & VP of Fin. (Age 43)
- Mr. Herman Yu, Chief Financial Officer (Age 47)
- Mr. Jingdong Ge, VP of Marketing (Age 45)
- Ms. Yajuan Wang, VP of Advter. Bus. (Age 49)
Has Weibo been receiving favorable news coverage?
Press coverage about WB stock has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Weibo earned a media sentiment score of 0.18 on Accern's scale. They also assigned news stories about the information services provider an impact score of 45.35 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Weibo's major shareholders?
Weibo's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.95%), Wells Fargo & Company MN (0.70%), Pendal Group Ltd (0.40%), Russell Investments Group Ltd. (0.22%), Northern Trust Corp (0.19%) and FIL Ltd (0.14%). View Institutional Ownership Trends for Weibo.
Which major investors are selling Weibo stock?
WB stock was sold by a variety of institutional investors in the last quarter, including Platinum Investment Management Ltd., Wells Fargo & Company MN, FIL Ltd, SeaTown Holdings Pte. Ltd., Pendal Group Ltd, Russell Investments Group Ltd., New York State Common Retirement Fund and Parametrica Management Ltd. View Insider Buying and Selling for Weibo.
Which major investors are buying Weibo stock?
WB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nomura Asset Management Co. Ltd., Barings LLC, Prince Street Capital Management LLC, Myriad Asset Management Ltd., Penserra Capital Management LLC, Harvest Fund Management Co. Ltd and Franklin Resources Inc.. View Insider Buying and Selling for Weibo.
How do I buy shares of Weibo?
Shares of WB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Weibo's stock price today?
One share of WB stock can currently be purchased for approximately $107.31.
How big of a company is Weibo?
Weibo has a market capitalization of $24.26 billion and generates $1.15 billion in revenue each year. The information services provider earns $352.59 million in net income (profit) each year or $1.56 on an earnings per share basis. Weibo employs 3,062 workers across the globe.
How can I contact Weibo?
Weibo's mailing address is 8/F QIHAO PLAZA NO. 8 XINYUAN S. ROAD CHAOYANG DISTRICT, BEIJING F4, 100027. The information services provider can be reached via phone at 86-10-6061-8000 or via email at [email protected]
MarketBeat Community Rating for Weibo (WB)
MarketBeat's community ratings are surveys of what our community members think about Weibo and other stocks. Vote "Outperform" if you believe WB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WB will underperform the S&P 500 over the long term. You may vote once every thirty days.
