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ContextLogic (WISH)
NASDAQ:WISH
ContextLogic (WISH) Stock Price & Analysis
2,267 Followers
WISH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.55 - $10.30
Previous Close$5.74
Volume1.07M
Average Volume (3M)1.10M
Market Cap
$143.70M
Enterprise Value-$235.96M
Total Cash (Recent Filing)$382.00M
Total Debt (Recent Filing)$6.00M
Price to Earnings (P/E)-0.4
Beta2.28
Next Earnings
May 02, 2024EPS Estimate
-$1.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-13.38
Shares Outstanding24,397,977
10 Day Avg. Volume834,710
30 Day Avg. Volume1,103,905
Standard Deviation0.28
R-Squared0.14
Alpha-0.09
Financial Highlights & Ratios
Price to Book (P/B)0.57
Price to Sales (P/S)0.42
Price to Cash Flow (P/CF)-0.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.82
Enterprise Value/Gross Profit-4.00
Enterprise Value/Ebitda0.98
Forecast
1Y Price Target
$6.50Price Target Upside10.36% Upside
Rating ConsensusHold
Number of Analyst Covering1
ContextLogic News
Bulls Say, Bears Say
Bulls Say
Analyst SentimentUpgrade to Neutral from Sell as Strategic Alternative Process changes the risk/reward balance.
Asset ValuationValue in assets, particularly in logistical operations, recognized.
Potential AcquisitionPursuing Strategic Alternatives Creates Upside if a Buyer Is Found.
Bears Say
Market CompetitionHeightened market competition is exacerbating WISH's struggles, compounding the difficulties in its journey toward profitability.
Operational EfficiencyWISH's need for operational enhancements indicates potential ongoing challenges in streamlining its business processes.
User BaseThe strategy to reduce advertising spend has backfired for WISH, resulting in a substantial drop in its user base.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by ContextLogic
Desktop Users
Mobile Users
WISH FAQ
What was ContextLogic’s price range in the past 12 months?
ContextLogic lowest stock price was $3.55 and its highest was $10.30 in the past 12 months.
What is ContextLogic’s market cap?
Currently, no data Available
When is ContextLogic’s upcoming earnings report date?
ContextLogic’s upcoming earnings report date is May 02, 2024 which is in 13 days.
How were ContextLogic’s earnings last quarter?
ContextLogic released its earnings results on Mar 04, 2024. The company reported -$2.24 earnings per share for the quarter, missing the consensus estimate of -$2.215 by -$0.025.
Is ContextLogic overvalued?
According to Wall Street analysts ContextLogic’s price is currently Undervalued.
Does ContextLogic pay dividends?
ContextLogic does not currently pay dividends.
What is ContextLogic’s EPS estimate?
ContextLogic’s EPS estimate is -$1.13.
How many shares outstanding does ContextLogic have?
ContextLogic has 24,397,978 shares outstanding.
What happened to ContextLogic’s price movement after its last earnings report?
ContextLogic reported an EPS of -$2.24 in its last earnings report, missing expectations of -$2.215. Following the earnings report the stock price went down -1.703%.
Which hedge fund is a major shareholder of ContextLogic?
Among the largest hedge funds holding ContextLogic’s share is Caxton Associates LP. It holds ContextLogic’s shares valued at N/A.
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ContextLogic Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$6.50 (10.36% Upside)
$6.50 (10.36% Upside)
Blogger Sentiment
Neutral
WISH Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 64.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $386.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 8.1%
Last 30 Days ▼ 8.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.90%
12-Months-Change
Fundamentals
Return on Equity
-91.35%
Trailing 12-Months
Asset Growth
-47.06%
Trailing 12-Months
Company Description
ContextLogic
ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products.
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WISH Company Deck
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WISH Earnings Call
Q3 2023
0:00 / 0:00
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WISH Stock 12 Months Forecast
Average Price Target
$6.50
▲(10.36% Upside)
Technical Analysis
Best Analysts Covering WISH
1 Year
1 Year Success Rate
5/5 ratings generated profit
1 Year Average Return
+67.56%
reiterated a sell rating 12 months ago
Copying Mike McGovern's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +67.56% per trade.
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