Over the past three months, Waddell & Reed Financial Inc. [WDR] ended the trading day at $17.78 and exhibited a change of 6.47% with a 24 hour trading and reached upto the volume of 837.40K compared to its recorded trading volume of 3.24 million. WDR generated a 1 year amount change with 15.91%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 11.33% with an amount shift of 15.68% over the last month.
On 12, October 2020, Waddell & Reed Financial, Inc. Announces September 30, 2020 Assets Under Management. According to news published on Yahoo Finance, Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $67.9 billion for the month ended September 30, 2020, compared to $70.3 billion on August 31, 2020.
Analyst Birdseye View:
The most recent analyst activity for Waddell & Reed Financial Inc. [NYSE:WDR] stock was on October 22, 2019, when it was Downgrade with an Underperform rating from Evercore ISI. On September 13, 2019, BofA/Merrill Downgrade an Underperform rating. On April 12, 2019, BofA/Merrill Upgrade a Neutral rating. On January 14, 2019, Citigroup Downgrade a Sell rating. On April 30, 2018, Evercore ISI Upgrade an In-line rating. On January 31, 2018, Citigroup Upgrade a Neutral rating. On October 10, 2017, Jefferies Reiterated a Hold rating and amplified its amount target to $20.
In the past 52 weeks of trading, this stock has oscillated between a low of $9.87 and a peak of $17.64. Right now, the middling Wall Street analyst 12-month amount mark is $16.00. At the most recent market close, shares of Waddell & Reed Financial Inc. [NYSE:WDR] were valued at $17.78. According to the average price forecast, investors can expect a potential return of 10.25%.
Waddell & Reed Financial Inc. [NYSE:WDR] most recently reported quarterly sales of 240.25 billion, which represented growth of -11.20%. This publicly-traded organization’s revenue is $921,299 per employee, while its income is $98,960 per employee. This company’s Gross Margin is currently 54.30%, its Operating Margin is 12.60%, its Pretax Margin is +14.79, and its Net Margin is +10.74. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 8.81, 13.59, 10.47 and 12.12 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 12.95 and the whole liability to whole assets at 9.50. It shows enduring liability to the whole principal at 11.80 and enduring liability to assets at 0.09 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 16.97 points at 1st support level, the second support level is making up to 16.16. But as of 1st resistance point, this stock is sitting at 18.30 and at 18.81 for 2nd resistance point.
Waddell & Reed Financial Inc. [WDR] reported its earnings at $0.38 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.32/share signifying the difference of 0.06 and 18.80% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.32 calling estimates for $0.29/share with the difference of 0.03 depicting the surprise of 10.30%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Waddell & Reed Financial Inc. [NYSE:WDR] is 2.80. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.14, it’s amount to book ratio is 1.42 and showing 12.80 of P/E (TTM) ratio.
The most recent insider trade was by WALTON JERRY W, Director, and it was the sale of 9500.0 shares on Nov 05.