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NYSE:WEI - Weidai Stock Price, Forecast & News

$4.33
-0.13 (-2.91 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$4.02
Now: $4.33
$4.55
50-Day Range
$4.43
MA: $6.04
$6.46
52-Week Range
$4.02
Now: $4.33
$13.63
Volume26,400 shs
Average Volume5,075 shs
Market Capitalization$305.04 million
P/E Ratio5.56
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.

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone86-185-0164-1666

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$569.19 million
Cash Flow$0.97 per share
Book Value$4.61 per share

Profitability

Net Income$87.50 million

Miscellaneous

Employees9,919
Market Cap$305.04 million
Next Earnings Date12/10/2019 (Estimated)
OptionableNot Optionable

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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) posted its earnings results on Wednesday, September, 18th. The company reported $0.21 EPS for the quarter. The firm had revenue of $132.08 million for the quarter. Weidai had a net margin of 12.91% and a return on equity of 19.17%. View Weidai's Earnings History.

When is Weidai's next earnings date?

Weidai is scheduled to release their next quarterly earnings announcement on Tuesday, December 10th 2019. View Earnings Estimates for Weidai.

What price target have analysts set for WEI?

2 equities research analysts have issued 12-month price objectives for Weidai's shares. Their forecasts range from $5.40 to $13.00. On average, they expect Weidai's stock price to reach $9.20 in the next year. This suggests a possible upside of 112.5% 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 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Weidai.

Has Weidai been receiving favorable news coverage?

Media headlines about WEI stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Weidai earned a media sentiment score of -4.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the next several days. View News Stories for Weidai.

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 initial public offering (IPO) on Thursday, November 15th 2018. The company issued 4,500,000 shares at $9.00-$11.00 per share. Morgan Stanley and Citigroup served as the underwriters for the IPO and AMTD was co-manager.

Who are Weidai's major shareholders?

Weidai's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Millennium Management LLC (0.06%).

Which major investors are buying Weidai stock?

WEI stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC.

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, Robinhood, Fidelity and Charles Schwab.

What is Weidai's stock price today?

One share of WEI stock can currently be purchased for approximately $4.33.

How big of a company is Weidai?

Weidai has a market capitalization of $305.04 million and generates $569.19 million in revenue each year. Weidai employs 9,919 workers across the globe.View Additional Information About Weidai.

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 86-185-0164-1666 or via email at [email protected]


MarketBeat Community Rating for Weidai (NYSE WEI)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  173
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 12/7/2019 by MarketBeat.com Staff

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