Weibo (WB) Reaches $127.57 52-Week High; Astec Industries Has 1.28 Sentiment

January 16, 2018 - By Evgen Dobrzhanskiy

Astec Industries, Inc. designs, engineers, makes, and markets equipment and components primarily for the road building, aggregate processing, geothermal, water, gas and oil, and wood processing industries in the United States and internationally. The company has market cap of $1.48 billion. The Company’s Infrastructure Group segment offers asphalt and wood pellet plants, and related components; asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers, and related ancillary equipment; and commercial pavers. It has a 38.05 P/E ratio. The companyÂ’s Aggregate and Mining Group segment provides aggregate processing and mining equipment; crushers, portable plants, sand classifying and washing equipment, and conveying equipment; mobile screening plants, portable and stationary structures, and vibrating screens; aggregate and ore processing equipment; rock breaking systems, processing equipment, and utility vehicles; and bulk material handling systems and minerals processing equipment.

The stock of Weibo Corporation (NASDAQ:WB) hit a new 52-week high and has $132.67 target or 4.00% above today’s $127.57 share price. The 8 months bullish chart indicates low risk for the $28.22B company. The 1-year high was reported on Jan, 16 by Barchart.com. If the $132.67 price target is reached, the company will be worth $1.13 billion more. The stock increased 5.04% or $6.125 during the last trading session, reaching $127.565. About 1.42 million shares traded. Weibo Corporation (NASDAQ:WB) has risen 239.00% since January 16, 2017 and is uptrending. It has outperformed by 222.30% the S&P500.

Investors sentiment decreased to 1.55 in 2017 Q3. Its down 1.07, from 2.62 in 2017Q2. It worsened, as 40 investors sold Weibo Corporation shares while 48 reduced holdings. 48 funds opened positions while 88 raised stakes. 125.34 million shares or 324.34% more from 29.54 million shares in 2017Q2 were reported. The Iowa-based Principal Gru has invested 0.03% in Weibo Corporation (NASDAQ:WB). Commonwealth Commercial Bank Of Australia has 201 shares. Sheets Smith Wealth Mgmt reported 3,164 shares or 0.08% of all its holdings. Tradewinds Management Lc reported 36 shares. Asset reported 0.05% of its portfolio in Weibo Corporation (NASDAQ:WB). Oakworth Capital invested 0% of its portfolio in Weibo Corporation (NASDAQ:WB). Hsbc Public Limited Liability Company invested in 0.03% or 191,731 shares. Castleark Management Ltd Liability Corp invested in 1,655 shares. State Street Corp has 0.01% invested in Weibo Corporation (NASDAQ:WB). Dorsey Wright And Associate invested in 0.13% or 5,748 shares. Public Employees Retirement Systems Of Ohio owns 81,187 shares or 0.04% of their US portfolio. Marietta Investment Limited Com reported 0.45% in Weibo Corporation (NASDAQ:WB). Pnc Fincl Serv Group Inc accumulated 0% or 6,866 shares. Dsm Cap Prns Limited Liability Co holds 0.35% of its portfolio in Weibo Corporation (NASDAQ:WB) for 246,770 shares. Legal & General Gp Public Ltd has invested 0.01% in Weibo Corporation (NASDAQ:WB).

Weibo Corporation operates as a social media platform for people to create, distribute, and discover Chinese-language content. The company has market cap of $28.22 billion. It operates through two divisions, Advertising and Marketing Services, and Other Services. It has a 109.12 P/E ratio. The firm 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; discovery products to help users discover content on its platform; and notifications to notify users on Weibo account activities through SMS or push notification on their device.

Analysts await Weibo Corporation (NASDAQ:WB) to report earnings on February, 28. They expect $0.52 earnings per share, up 173.68% or $0.33 from last year’s $0.19 per share. WB’s profit will be $115.03 million for 61.33 P/E if the $0.52 EPS becomes a reality. After $0.45 actual earnings per share reported by Weibo Corporation for the previous quarter, Wall Street now forecasts 15.56% EPS growth.

Among 11 analysts covering Weibo Corp (NASDAQ:WB), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Weibo Corp had 19 analyst reports since August 19, 2015 according to SRatingsIntel. Barclays Capital maintained Weibo Corporation (NASDAQ:WB) on Wednesday, November 15 with “Overweight” rating. The stock of Weibo Corporation (NASDAQ:WB) earned “Neutral” rating by Goldman Sachs on Monday, May 16. Summit Research upgraded the stock to “Hold” rating in Thursday, August 27 report. On Tuesday, January 2 the stock rating was initiated by UBS with “Buy”. On Wednesday, August 26 the stock rating was downgraded by Zacks to “Hold”. Morgan Stanley maintained it with “Overweight” rating and $24 target in Tuesday, April 19 report. Piper Jaffray maintained Weibo Corporation (NASDAQ:WB) rating on Wednesday, August 19. Piper Jaffray has “Buy” rating and $22 target. The firm earned “Neutral” rating on Thursday, October 29 by Citigroup. As per Friday, August 11, the company rating was maintained by Barclays Capital. On Tuesday, November 17 the stock rating was maintained by TH Capital with “Buy”.

The stock increased 0.02% or $0.01 during the last trading session, reaching $64.3. About 45,078 shares traded. Astec Industries, Inc. (ASTE) has risen 11.92% since January 16, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.

Dean Capital Management holds 1.73% of its portfolio in Astec Industries, Inc. for 65,845 shares. Teton Advisors Inc. owns 304,000 shares or 1.58% of their US portfolio. Moreover, Valicenti Advisory Services Inc has 1.13% invested in the company for 40,116 shares. The Wisconsin-based Morgan Dempsey Capital Management Llc has invested 0.9% in the stock. Broadview Advisors Llc, a Wisconsin-based fund reported 108,687 shares.

Analysts await Astec Industries, Inc. (NASDAQ:ASTE) to report earnings on February, 20. They expect $0.45 earnings per share, down 15.09% or $0.08 from last year’s $0.53 per share. ASTE’s profit will be $10.38 million for 35.72 P/E if the $0.45 EPS becomes a reality. After $-0.12 actual earnings per share reported by Astec Industries, Inc. for the previous quarter, Wall Street now forecasts -475.00% EPS growth.

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