During the last three months, 6 analysts shared their evaluations of Webtoon Entertainment WBTN, revealing diverse outlooks from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 2 | 2 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 2 | 1 | 2 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $31.67, with a high estimate of $62.00 and a low estimate of $23.00. Marking an increase of 5.57%, the current average surpasses the previous average price target of $30.00.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Webtoon Entertainment among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Mark Mahaney | Evercore ISI Group | Lowers | Outperform | $27.00 | $30.00 |
Doug Anmuth | JP Morgan | Announces | Neutral | $23.00 | - |
Benjamin Black | Deutsche Bank | Announces | Buy | $25.00 | - |
Mark Mahaney | Evercore ISI Group | Announces | Outperform | $30.00 | - |
Matthew Cost | Morgan Stanley | Announces | Equal-Weight | $23.00 | - |
Eric Sheridan | Goldman Sachs | Announces | Buy | $62.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Webtoon Entertainment. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Webtoon Entertainment compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Webtoon Entertainment's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Webtoon Entertainment's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Webtoon Entertainment analyst ratings.
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Unveiling the Story Behind Webtoon Entertainment
Webtoon Entertainment Inc is a global storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting 24 million creators with approximately 170 million monthly active users in over 150 countries around the world.
Financial Insights: Webtoon Entertainment
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Webtoon Entertainment displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 5.31%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: Webtoon Entertainment's net margin excels beyond industry benchmarks, reaching 1.9%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Webtoon Entertainment's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.5%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Webtoon Entertainment's ROA stands out, surpassing industry averages. With an impressive ROA of 0.35%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.02.
Analyst Ratings: What Are They?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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