How to Buy Wisdomtree Stock

Step 1: Figure out where to buy Wisdomtree stock

You need an online brokerage account in order to access the NYSE market and buy WT stock.

Step 2: Create your brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal info so you are able to buy WT stock today.

How to Set Up a New Brokerage Account on eToro

1. Click here to get started.
2. Enter your personal data to start your new brokerage account.

3. Submit your application by hitting the "Create Account" button.

Step 3: Put funds into your investment account

Now that you have created your account on one of the best stock apps, you need to deposit funds:

Watch the video below for more details transferring money into your new brokerage account.

Step 4: Evaluate Wisdomtree stock

Once you have decided on the best place to buy Wisdomtree stock, it's crucial to research their stock prior to investing, so you can comprehend the risk as well as the opportunity.

Wisdomtree Numbers

Fundamentals of Wisdomtree

WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on WT's stock page.

What is the fair value of WT stock?

Analysts use many financial metrics, analyses, models, and charts to gauge WT's true value.

Using relative valuations metrics:

• WT may be undervalued based on its P/E ratio of 14.91x, relative to Asset Management industry P/E ratio of 47.83x
• WT may be overvalued based on its P/B ratio of 3.28x, relative to Asset Management industry P/B ratio of 2x

You can do more valuation analysis on WT's stock here.

WT Financial Summary

Passed Health Checks:

• WT profit margin has gone up from 7.8% to 25.3% in the past year.
• WT earnings of $99.75M is not sufficient to cover its interest payments.
• There are more short-term assets than short-term liabilities on the WT balance sheet.

Failed Health Checks:

• Total WT debt is higher than 5 years ago, relative to shareholder equity.
• WT has a relatively high debt to equity ratio of 1.78.
• WT's operating cash flow of $52.38M allows it to safely service it's debt of $334.81M.
• There are more long-term liabilities than short-term assets on the WT balance sheet.

Is it a good time to buy WT stock, according to Wall Street analysts?

Out of 3 Equities analysts who track WT, the consensus analyst rating on Wisdomtree is a Hold

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent WT Analyst Ratings

Michael Cyprys, a bottom 11% analyst from Morgan Stanley maintains WT with a hold rating and raises their WT price target from $6.50 to $7.50, on May 15, 2023.

Chris Kotowski, a top 3% analyst from Oppenheimer initiates coverage on WT with a buy rating and announces their WT price target of $9.00, on May 15, 2023.

Michael Brown, a top 13% analyst from Keefe, Bruyette & Woods maintains WT with a hold rating and raises their WT price target from $7.00 to $8.00, on May 11, 2023.

You can dig deeper into what analysts are forecasting on the Wisdomtree stock forecast page.

WT Momentum

WT Growth Metrics

Last year, WT earnings were $77.18M. In the past five year, WT's earnings have grown by 16.4% per year. This was faster than the Asset Management industry average of 0.42%.

Last year, WT revenue was $305.02M. During the past five year, WT's revenue has increased by 5.46% per year. This was slower than the Asset Management industry average of 17.12%.

Dive into WT's earnings and revenue performance here.

Who is buying/selling WT?

In the last 12 months, insiders at WT have not bought or sold any shares.

Dig into more about who owns WT shares here.

Can I rely on WT as an income stream?

Wisdomtree pays a dividend of 1.71%, compared to the Asset Management industry's average dividend yield of 6.72%. If you owned $1,000 worth of WT stock, you would have been paid $17.12 in the past 12 months.

Wisdomtree dividend payments have not consistently grown over the past 9 years and have not remained stable.

Find more analysis about Wisdomtree dividend yield and history here.

What others are saying about WT

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your WT purchase

There are two primary types of orders:

• Market order: A market order is an order to buy or sell a stock at the best available price.
  Market orders are generally fine.
• Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
  If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.

Click the Open Trade button and eToro will execute the order.

If you need additional assistance buying stocks on eToro, watch the helpful video below:

Step 6: Track your WT investment

Now that you own some shares in WT, you'll want to stay up-to-date on your new investment.

Create a watchlist to monitor your WT stock.

How to Buy Stock in Wisdomtree

To summarize, here are the 6 steps for buying Wisdomtree stock:

1. Figure out where to buy Wisdomtree stock
2. Create your brokerage account
3. Put funds into your investment account
4. Evaluate Wisdomtree stock
5. Execute your WT purchase
6. Track your WT investment

If you are looking for a online brokerage, eToro is our favorite venue.

If you want to get the latest news on your new investment in Wisdomtree, create your watchlist below.

Related "How To" Guides

• How to buy shares in Apple
• How to buy PFE
• How to buy stock in Berkshire Hathaway online
• How to buy stock in Netflix online
• Where to buy stocks
• How to buy DIS stock
• How to buy stocks in AMZN
• Where to buy GOOGL shares
• Where to buy WMT shares
• How to buy TSLA shares