Financhill
Sell
40

WETH Quote, Financials, Valuation and Earnings

Last price:
$1.63
Seasonality move :
50.18%
Day range:
$1.60 - $1.67
52-week range:
$1.13 - $8.20
Dividend yield:
0%
P/E ratio:
6.48x
P/S ratio:
0.47x
P/B ratio:
0.15x
Volume:
115.6K
Avg. volume:
265.1K
1-year change:
-75.08%
Market cap:
$19.3M
Revenue:
$39.7M
EPS (TTM):
$0.25

Analysts' Opinion

  • Consensus Rating
    Wetouch Technology has received a consensus rating of Buy. The company's average rating is a Buy based on 0 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
  • Price Target Downside
    According to analysts' consensus price target of --, Wetouch Technology has an estimated downside of -- from its current price of $1.62.
  • Price Target Upside
    According to analysts, the highest upside price target is -- representing -100% upside increase from its current price of $1.62.

Fair Value

  • According to the consensus of 0 analysts, Wetouch Technology has -- downside to fair value with a price target of -- per share.

WETH vs. S&P 500

  • Over the past 5 trading days, Wetouch Technology has underperformed the S&P 500 by -0.43% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • Wetouch Technology does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Wetouch Technology has grown year-over-year revenues for 1 quarter straight. In the most recent quarter Wetouch Technology reported revenues of $11.5M.

Earnings Growth

  • Wetouch Technology earnings have been falling on a year-over-year basis for 3 quarters in a row. In the most recent quarter Wetouch Technology reported earnings per share of $0.22.
Enterprise value:
-87.4M
EV / Invested capital:
-0.68x
Price / LTM sales:
0.47x
EV / EBIT:
-11.23x
EV / Revenue:
-2.13x
PEG ratio (5yr expected):
--
EV / Free cash flow:
-30.65x
Price / Operating cash flow:
6.70x
Enterprise value / EBITDA:
-11.22x
Gross Profit (TTM):
$12.8M
Return On Assets:
3.11%
Net Income Margin (TTM):
9.41%
Return On Equity:
3.23%
Return On Invested Capital:
3.21%
Operating Margin:
30.19%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $39M $39.9M $41M $11.1M $11.5M
Gross Profit $15M $16.7M $12.8M $4.8M $4.4M
Operating Income $12.2M $13.9M $7.5M $4.3M $3.5M
EBITDA $13.2M $14.6M $7.8M $4.2M $3.6M
Diluted EPS $5.81 $0.73 $0.25 $0.29 $0.22
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets -- $66.9M $61.4M $109.1M $120M
Total Assets -- $67.1M $72M $119.4M $133.1M
Current Liabilities -- $2.3M $5.4M $7.3M $3.5M
Total Liabilities -- $2.3M $6.5M $7.7M $3.7M
Total Equity -- $64.9M $65.5M $111.7M $129.5M
Total Debt -- -- $1.9M $1.6M --
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations $5.8M $12.8M $3M $2.2M $4.6M
Cash From Investing -$11.4M -- -$2.4M -- -$4.4K
Cash From Financing $1.9M $39.3M $8M -$102.2K $170.6K
Free Cash Flow -$5.7M $12.8M $2.9M $2.2M $4.6M
WETH
Sector
Market Cap
$19.3M
$115.4M
Price % of 52-Week High
19.76%
67.8%
Dividend Yield
0%
0%
Shareholder Yield
-35.7%
1%
1-Year Price Total Return
-75.08%
-6.36%
Beta (5-Year)
-0.010
0.944
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Sell
Level $1.69
200-day SMA
Sell
Level $2.06
Bollinger Bands (100)
Sell
Level 1.55 - 1.95
Chaikin Money Flow
Sell
Level -2.5M
20-day SMA
Sell
Level $1.70
Relative Strength Index (RSI14)
Sell
Level 45.03
ADX Line
Sell
Level 13.78
Williams %R
Buy
Level -81.0811
50-day SMA
Sell
Level $1.74
MACD (12, 26)
Sell
Level -0.01
25-day Aroon Oscillator
Sell
Level -12
On Balance Volume
Neutral
Level 38M

Financial Scores

Buy
Altman Z-Score (Annual)
Level (8.1477)
Buy
CA Score (Annual)
Level (2.3194)
--
Beneish M-Score (Annual)
Level (--)
Sell
Momentum Score
Level (1)
Buy
Ohlson Score
Level (-5.8734)
Buy
Piotroski F Score (Annual)
Level (7)
Sell
Quality Ratio Score
Level (2)
Buy
Fundamental Score
Level (5)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Wetouch Technology Inc is a touch panel supplier focused on R & D, production and sales of touch screen products. It offers touchscreens for a variety of applications, including GPS/car entertainment panels for automotive industry, industrial human-machine interface, financial and banking terminals, point of sale, lottery and gaming machines, smart home, robots and charging stations. The company sells touchscreen products both domestically in China and internationally, covering the majority of areas in China, Taiwan, South Korea, and Germany.

Stock Forecast FAQ

In the current month, WETH has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The WETH average analyst price target in the past 3 months is --.

  • Where Will Wetouch Technology Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Wetouch Technology share price will drop to -- per share over the next 12 months.

  • What Do Analysts Say About Wetouch Technology?

    Analysts are divided on their view about Wetouch Technology share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Wetouch Technology is a Sell and believe this share price will rise from its current level to --.

  • What Is Wetouch Technology's Price Target?

    The price target for Wetouch Technology over the next 1-year time period is forecast to be -- according to 0 Wall Street analysts, 0 of them rate the stock a Buy, 0 rate the stock a Sell, and 0 analysts rate the stock a Hold.

  • Is WETH A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Wetouch Technology is a Buy. 0 of 0 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of WETH?

    You can purchase shares of Wetouch Technology via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Wetouch Technology shares.

  • What Is The Wetouch Technology Share Price Today?

    Wetouch Technology was last trading at $1.63 per share. This represents the most recent stock quote for Wetouch Technology. Yesterday, Wetouch Technology closed at $1.62 per share.

  • How To Buy Wetouch Technology Stock Online?

    In order to purchase Wetouch Technology stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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