NYSE:WEI - Weidai Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$9.50 +0.05 (+0.53 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$9.45
Today's Range$9.5576 - $9.5576
52-Week Range$9.14 - $13.63
Volume405 shs
Average Volume3,684 shs
Market Capitalization$664.91 million
P/E Ratio5.97
Dividend YieldN/A
BetaN/A
Weidai Ltd., through its subsidiaries, provides auto-backed financing solutions in the People's Republic of China. Its auto-backed financing platform connects borrowers primarily mall and micro enterprise owners with online investors and institutional funding partners. The company was founded in 2011 and is headquartered in Hangzhou, the People's Republic of China.

Receive WEI News and Ratings via Email

Sign-up to receive the latest news and ratings for WEI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone86-571-5697-9013

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$569.19 million
Cash Flow$1.3380 per share
Book Value$4.61 per share

Profitability

Miscellaneous

Employees10,794
Market Cap$664.91 million
Next Earnings DateN/A
OptionableNot Optionable

Weidai (NYSE:WEI) Frequently Asked Questions

What is Weidai's stock symbol?

Weidai trades on the New York Stock Exchange (NYSE) under the ticker symbol "WEI."

How were Weidai's earnings last quarter?

Weidai Ltd (NYSE:WEI) announced its earnings results on Tuesday, March, 26th. The company reported $0.23 EPS for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.03. The business had revenue of $144.50 million for the quarter. View Weidai's Earnings History.

What price target have analysts set for WEI?

2 Wall Street analysts have issued 1-year price targets for Weidai's shares. Their forecasts range from $13.00 to $13.00. On average, they expect Weidai's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price. View Analyst Price Targets for Weidai.

What is the consensus analysts' recommendation for Weidai?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weidai in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Weidai.

Has Weidai been receiving favorable news coverage?

News articles about WEI stock have trended negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Weidai earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Weidai's key competitors?

What other stocks do shareholders of Weidai own?

Who are Weidai's key executives?

Weidai's management team includes the folowing people:
  • Mr. Hong Yao, Founder, Chairman & CEO (Age 39)
  • Mr. Chen Feng, Director & Pres (Age 43)
  • Mr. Li Leo, Chief Financial Officer (Age 34)
  • Mr. Zhu Jianzhong, VP of Technology, R&D (Age 40)
  • Mr. Wang Pengfei, VP of Brand Devel., Strategy & Compliance (Age 37)

When did Weidai IPO?

(WEI) raised $45 million in an IPO on Thursday, November 15th 2018. The company issued 4,500,000 shares at a price of $9.00-$11.00 per share. Morgan Stanley and Citigroup acted as the underwriters for the IPO and AMTD was co-manager.

When did the company's lock-up period expire?

Weidai's lock-up period expired on Tuesday, May 14th. Weidai had issued 4,500,000 shares in its IPO on November 15th. The total size of the offering was $45,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

Who are Weidai's major shareholders?

Weidai's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (0.74%), Barings LLC (0.04%) and Morgan Stanley (0.01%).

Which major investors are buying Weidai stock?

WEI stock was acquired by a variety of institutional investors in the last quarter, including Barings LLC, FMR LLC and Morgan Stanley.

How do I buy shares of Weidai?

Shares of WEI 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 Weidai's stock price today?

One share of WEI stock can currently be purchased for approximately $9.50.

How big of a company is Weidai?

Weidai has a market capitalization of $664.91 million and generates $569.19 million in revenue each year. The company earns $87.50 million in net income (profit) each year or $1.59 on an earnings per share basis. Weidai employs 10,794 workers across the globe.

What is Weidai's official website?

The official website for Weidai is http://www.weidai.com.cn/.

How can I contact Weidai?

Weidai's mailing address is 50F WEST BUILDING FORTUNE FINANCE CENTER NO.33 JIEFANG EAST ROAD JIANGGAN DISTRI, HANGZHOU F4, 310000. The company can be reached via phone at 86-571-5697-9013 or via email at [email protected]


MarketBeat Community Rating for Weidai (NYSE WEI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  64 (Vote Underperform)
Total Votes:  110
MarketBeat's community ratings are surveys of what our community members think about Weidai and other stocks. Vote "Outperform" if you believe WEI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WEI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

Featured Article: Growth and Income Funds

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel