|Bid||77.05 x 800|
|Ask||77.69 x 800|
|Day's Range||76.70 - 79.20|
|52 Week Range||66.68 - 142.12|
|PE Ratio (TTM)||37.37|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||126.05|
Facebook (NASDAQ:FB) stock has seen its worst year since its IPO in 2012. The social media giant struggled as it dealt with the fallout from alleged scandals. Facebook stock has fallen further from this point.
NEW YORK, NY / ACCESSWIRE / September 20, 2018 / Wall Street posted mixed results on Wednesday as tech shares weakened and trade tensions continued to rise. The Dow Jones Industrial Average gained 0.61 ...
2018 has not been a kind year for international equity investors. The whiplash has been especially bad for the Chinese markets, which were among the strongest in 2017. The FTSE China 50 Index, for example, ...
When most people think of Chinese social media stocks, Weibo (NASDAQ:WB) and Tencent (OTCMKTS:TCEHY) generally come to mind. The former has been deemed the “Twitter of China,” though it increasingly looks and feels like Facebook (NASDAQ:FB). The latter, meanwhile, is the name behind China’s most popular messaging platform, WeChat.
Fan Bingbing, who starred in Hollywood franchises such as "X-Men" and "Iron Man", has not been seen publicly since early July. The Chinese actress has also been uncharacteristically absent from social media such as Weibo and Instagram. Chinese authorities have declined to comment on her disappearance.
Chinese tech stocks are tracking for their first positive week in three as shares in Alibaba BABA , Weibo WB , Sina SINA and Baidu BIDU bounce back from trade-triggered sell-offs over the summer. Only one of those tech names could be an even better bet going forward than shares of Amazon AMZN , says Mark Tepper , CEO and president at Strategic Wealth Partners. "If [investors] had an opportunity to invest in Amazon right now at a third of its current price, $600 or $700 per share, would they be willing to do it?
How have operating expenses impacted Weibo’s operating margin? Weibo’s (WB) operating expenses rose 82% YoY to $209.9 million in the second quarter of 2018. Operating expenses used up 45% of the revenue in the second quarter of 2017 compared to 51% and 49% in the first and second quarters of 2018, respectively.
What led to the gross margin growth of Weibo? Weibo’s (WB) cost of revenue rose 23% YoY to $61.8 million in the second quarter of 2018. Weibo’s gross profit increased by 80% YoY to $364.8 million in the second quarter of 2018.
Since its 2005 IPO, Baidu (NASDAQ:BIDU) has had an interesting trading history. Overall, Baidu stock has returned some 1,640% over those 13 years. For instance, BIDU stock was pretty flat coming out of its IPO before rallying in late 2007.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between company’s fundamentals and stock market performance.Read More...
CTRP’s strong Q2 report, which beat on the top- and bottom-lines and included a strong guide, underscores that the fundamentals in the Chinese tech sector remain strong. Instead, the market is focusing on rising trade tensions and a strengthening U.S. dollar, two headwinds which could slow the Chinese economy. Thus, despite strong underlying fundamentals, China tech stocks continue to struggle, CTRP stock included (it is more than 30% off recent highs).
Weibo’s (WB) net income increased by 167% and 121% in 2016 and 2017, respectively. The company’s remarkable revenue and operating income growth played a crucial role in driving net income growth. Weibo succeeded in reducing its cost of revenue and operating expense margins, leading to higher net income margins. The company saw net income of $183.5 million and $405.7 million in 2016 and 2017, respectively. The net margin expanded from 14% in 2015 to 35% in 2017. Improved gross and operating margins drove the growth in net margin. ...
What drove Weibo’s operating margins? On the brighter side, the expenses as a percentage of revenue (or operating expense margin) have fallen from 62% in 2015 to 44% in 2017. Weibo’s improved gross profit and operating expenses led to growth of 276% and 189% in income of operations for 2016 and 2017, respectively.
Chinese internet stocks are having a tough time and closing in the red almost daily. Since early summer, when markets realized U.S/China trade relations were worsening, leading companies in China started selling off steadily.
What drove the gross margins of Weibo? Weibo’s (WB) cost of revenue rose by 21% and 35% in 2016 and 2017, respectively. Turnover taxes from higher revenue, infrastructure costs from increased traffic and video content, content licensing fees for games services, and revenue sharing cost of advertisement production drove the costs in both the years.
Weibo (WB) saw revenue growth of 37% and 75% in fiscal 2016 and 2017, respectively. Revenue amounted to $655.8 million and $1.2 billion for these years, respectively. Advertising and marketing services and value-added services are the company’s two reportable business segments. The share of revenue from advertising and marketing grew from 84% in 2015 to 87% in 2016 and 2017. The company’s advertising and marketing revenue came from three broad categories: third parties, Alibaba and SINA, and other related parties.
Weibo’s (WB) net income expanded 80% YoY to $156.1 million in the second quarter of 2018. Weibo also succeeded in reducing its costs and expenses as a percentage of revenue. The operating margin had significantly influenced net margin.
Weibo (WB), considered to be the “Twitter of China,” surpassed Twitter’s user base (TWTR) in May 2017. The company’s competitors for user traffic, content, and social networking services and messenger include Tencent Holdings, Alibaba Group Holding, Baidu, NetEase, and Facebook. The S&P 500 and the tech-heavy NASDAQ ended in the red amid US-China trade war concerns on September 6. The NASDAQ Composite has gained 14.8% YTD and has a PE ratio of 25.5x. Let’s investigate the valuations of Weibo and its peers as of September 6.
August, like most of 2018, was a difficult month for Weibo Corp (NASDAQ:WB) investors. Since reporting Q2 earnings on Aug. 8, the WB stock price has fallen from $90 to a low of $70.13 on Aug. 15, closing at $72.30 on Sept. 5. Here are three cons to Weibo stock and three pros.
Tech executives testify before the Senate and are peppered with questions about their business plans in China.