Investment Analysts’ Updated EPS Estimates for May, 11th (WB, WF, WILYY, WIMHY, WIRE, WIX, WJRYY, WLDN, WLH, WLL)

Investment Analysts’ updated eps estimates for Saturday, May 11th:

Weibo (NASDAQ:WB) was downgraded by analysts at Zacks Investment Research from a strong-buy rating to a hold rating. According to Zacks, “Weibo Corporation operates as a social media platform for people to create, distribute and discover Chinese-language content. The Company operates in two segments: Advertising and Marketing Services, and Other Services. The company offers self-expression products; social products; discovery products; notifications; third-party online games. Weibo also develops mobile apps, such as Weibo Headlines; Weibo Weather and WeiDisk. It also provides advertising and marketing solutions, including social display ads and promoted marketing products. Weibo Corporation is headquartered in Beijing, China. “

Woori Financial Group (NYSE:WF) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Woori Financial Group was established as Korea’s first financial holding company in April 2001 to keep pace with the global trends and evolve as a global player with world-class competitiveness. Since its launch, the Group has achieved remarkable growth in the banking business thanks to the consolidated performances of banking subsidiaries, and continued to expand its non-banking businesses through mergers and acquisitions and joint investments, As a result, the Group became the Korea’s representative financial group. “

DEMANT A S/ADR (OTCMKTS:WILYY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Demant A/S is engaged in the healthcare industry. It develops, manufactures and sells products and equipment designed to aid the hearing and communication of individuals. The company’s business area consists of Hearing Devices, Hearing Implants, Diagnostic Instruments and Personal Communication. Demant A/S, formerly known as William Demant Holding A/S, is based in Smorum, Denmark. “

WILLIAM HILL PL/ADR (OTCMKTS:WIMHY) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “William Hill PLC provides sports betting and gaming services. It offers licensed betting offices, telephone based-betting operations and online betting, offers odds and takes bets on an assortment of sporting and other events. The company operates primarily in the United Kingdom, Australia, the United States, Italy and Spain. William Hill PLC is headquartered in London, the United Kingdom. “

Encore Wire (NASDAQ:WIRE) had its sell rating reissued by analysts at Zacks Investment Research. According to Zacks, “Encore Wire Corporation is a low-cost manufacturer of copper electrical building wire and cable. The Company is a significant supplier of both residential wire for interior electrical wiring in homes, apartments and manufactured housing, as well as building wire for electrical distribution in commercial and industrial buildings. “

Wix.Com (NASDAQ:WIX) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $154.00 target price on the stock. According to Zacks, “Wix.com is a cloud-based web development platform. Wix is expected to benefit from retail’s rapid transition to mobile and social sales channels. Wix continues to launch a number of user-friendly applications to meet the requirements of a dynamic retail environment, consequently adding to its user base. We believe that massive growth in e-commerce spending also bodes well for Wix. Further, the company’s sound liquidity and cash flow position bode well. Estimates have been stable lately ahead of the company’s Q1 earnings release. Further, the company has positive record of earnings surprises in recent quarters. Notably, shares of Wix have outperformed the industry in the past one year. However, increasing investments on product development, infrastructure and platform are anticipated to drag down the company’s bottom-line in the near term.”

WEST JAPAN RWY/S (OTCMKTS:WJRYY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “West Japan Railway Company engages in the railway transportation business. Its operating segment consists of Transportation, Sales of Goods and Food Services, Real Estate and Other Businesses. Transportation segment provides railway, bus, and ferry services. Distribution segment operates department stores, restaurants, retail and wholesale shops. Real Estate segment sells and leases properties and manages shopping centers. Other Businesses segment includes hotels, travel agencies, advertising and construction. West Japan Railway Company is headquartered in Osaka, Japan. “

Willdan Group (NASDAQ:WLDN) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Willdan Group is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. Nationwide, they enable their clients to realize cost and energy savings by providing a wide range of specialized services. They assist their clients with a broad range of complementary services relating to: Energy Efficiency and Sustainability; Engineering and Planning; Economic and Financial Consulting; and National Preparedness and Interoperability. They operate their business through a network of offices located primarily in California and New York. They also have operations in Arizona, Colorado, Florida, Illinois, Kansas, Oregon, Texas, Washington and Washington, DC. “

William Lyon Homes (NYSE:WLH) had its sell rating reiterated by analysts at Zacks Investment Research. According to Zacks, “William Lyon Homes is primarily engaged in the design, construction, marketing and sale of single-family detached and attached homes in California, Arizona, Nevada and Colorado. The Company conducts its homebuilding operations through five reportable operating segments: Southern California, Northern California, Arizona, Nevada and Colorado through the Village Homes brand. William Lyon Homes is headquartered in Newport Beach, California. “

Whiting Petroleum (NYSE:WLL) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. Zacks Investment Research currently has $27.00 price target on the stock. According to Zacks, “Whiting Petroleum's core operations are focused in North Dakota's Williston Basin, providing this upstream player with an enviable acreage of top-tier assets and a multi-year drilling inventory. The successful completion of the Generation 4 wells along with the buyout of top tier acreage in Williston Basin from Oasis Petroleum in 2018 is likely to boost the production prospects of Whiting in 2019.  However, lower output and margins from its Redtail assets remain a cause of concern. Further, with most of its acreage located in Williston Basin, the firm faces lack of geographical diversification. Moreover, the high capex guidance of the firm keeps us skeptical about its free-cash-flow generation. As such, the stock warrants a cautious stance from the investors.”

Western Asset Mortgage Capital (NYSE:WMC) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Western Asset Mortgage Capital Corporation is focused on investing in, financing and managing primarily residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government agency or federally chartered corporation. Western Asset Mortgage Capital Corporation is headquartered in Pasadena, California. “

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