NYSE:WEIWeidai Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Weidai Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.48 +0.18 (+13.85 %) (As of 04/7/2020 04:00 PM ET) Add Compare Share Today's Range$1.35Now: $1.48▼$1.5050-Day Range$1.04MA: $1.67▼$2.5852-Week Range$1.03Now: $1.48▼$10.32Volume74,998 shsAverage Volume68,775 shsMarket Capitalization$104.26 millionP/E Ratio1.56Dividend YieldN/ABeta0.8 ProfileAnalyst RatingsAdvanced ChartEarningsInstitutional OwnershipHeadlinesSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingWeidai has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.40, Weidai has a potential upside of 264.9% from its current price of $1.48.Amount of Analyst CoverageWeidai has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesWeidai has received 86 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWeidai has received 107 “underperform” votes. (Add your “underperform” vote.)Community SentimentWeidai has received 55.44% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldWeidai does not currently pay a dividend.Dividend GrowthWeidai does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Weidai insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.70% of the stock of Weidai is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Weidai are expected to decrease by -73.12% in the coming year, from $0.93 to $0.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Weidai is 1.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Weidai is 1.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 12.32.Price to Book Value per Share RatioWeidai has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.32 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Nondepository credit institutions Sub-IndustryN/A SectorFinance Current SymbolNYSE:WEI Previous Symbol CUSIPN/A CIKN/A Webhttp://www.weidai.com.cn/ Phone86-185-0164-1666Debt Debt-to-Equity RatioN/A Current Ratio2.31 Quick Ratio2.31Price-To-Earnings Trailing P/E Ratio1.56 Forward P/E Ratio1.59 P/E GrowthN/A Sales & Book Value Annual Sales$569.19 million Price / Sales0.18 Cash Flow$1.63 per share Price / Cash Flow0.91 Book Value$4.61 per share Price / Book0.32Profitability EPS (Most Recent Fiscal Year)$1.59 Net Income$87.50 million Net Margins12.71% Return on Equity14.56% Return on Assets7.33%Miscellaneous Employees9,919 Outstanding Shares70,447,000Market Cap$104.26 million Next Earnings Date6/2/2020 (Estimated) OptionableNot Optionable 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. WEI Rates by TradingView Weidai (NYSE:WEI) Frequently Asked Questions How has Weidai's stock been impacted by COVID-19 (Coronavirus)? Weidai's stock was trading at $1.46 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WEI shares have increased by 1.4% and is now trading at $1.48. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Weidai? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weidai in the last year. There are currently 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Weidai. When is Weidai's next earnings date? Weidai is scheduled to release its next quarterly earnings announcement on Tuesday, June 2nd 2020. View our earnings forecast for Weidai. What price target have analysts set for WEI? 2 analysts have issued 1 year price objectives for Weidai's shares. Their forecasts range from $5.40 to $5.40. On average, they anticipate Weidai's stock price to reach $5.40 in the next twelve months. This suggests a possible upside of 264.9% from the stock's current price. View analysts' price targets for Weidai. Has Weidai been receiving favorable news coverage? Media headlines about WEI stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Weidai earned a news impact score of -3.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutWeidai. Are investors shorting Weidai? Weidai saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 30,800 shares, a drop of 8.3% from the February 27th total of 33,600 shares. Based on an average daily volume of 68,300 shares, the short-interest ratio is currently 0.5 days. Approximately 0.7% of the company's shares are sold short. View Weidai's Current Options Chain. Who are some of Weidai's key competitors? Some companies that are related to Weidai include America First Multifamily Investors (ATAX), CNFinance (CNF), Wins Finance (WINS), Oportun Financial (OPRT), Curo Group (CURO), X Financial (XYF), Jiayin Group (JFIN), Fincera (YUANF), Security National Financial (SNFCA), On Deck Capital (ONDK), Medallion Financial (MFIN), Elevate Credit (ELVT), Mogo Finance Technology (MOGO), Consumer Portfolio Services (CPSS) and Harvest Capital Credit (HCAP). What other stocks do shareholders of Weidai own? Based on aggregate information from My MarketBeat watchlists, some companies that other Weidai investors own include Primo Water (PRMW), AbbVie (ABBV), Energy Transfer LP Unit (ET), Methanex (MEOH), Netflix (NFLX), Voyager Therapeutics (VYGR), Walgreens Boots Alliance (WBA), International Paper (IP), AT&T (T) and American Airlines Group (AAL). Who are Weidai's key executives? Weidai's management team includes the following 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 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. What is Weidai's stock symbol? Weidai trades on the New York Stock Exchange (NYSE) under the ticker symbol "WEI." 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 $1.48. How big of a company is Weidai? Weidai has a market capitalization of $104.26 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 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] This page was last updated on 4/7/2020 by MarketBeat.com StaffFeatured Article: What is the G-20?
