WBI (NYSE:WBI) Announces Quarterly Earnings Results

Posted by George Bondi on Aug 5th, 2026

WBI (NYSE:WBI – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.11 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $217.77 million during the quarter.

WBI Stock Performance

Shares of NYSE WBI traded up $0.30 during trading hours on Wednesday, reaching $33.76. 493,315 shares of the stock were exchanged, compared to its average volume of 970,920. The firm has a market capitalization of $4.17 billion and a price-to-earnings ratio of 135.05. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30. WBI has a 52 week low of $18.64 and a 52 week high of $36.89. The stock’s fifty day simple moving average is $32.19 and its 200 day simple moving average is $28.19.

Analysts Set New Price Targets

A number of research firms recently weighed in on WBI. Weiss Ratings upgraded WBI from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 18th. Morgan Stanley lifted their price objective on shares of WBI from $34.00 to $38.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Wall Street Zen upgraded shares of WBI from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Barclays increased their price objective on shares of WBI from $29.00 to $33.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group lifted their target price on shares of WBI from $36.00 to $41.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.20.

Check Out Our Latest Report on WBI

Insider Transactions at WBI

In other WBI news, major shareholder Energy Corp/De Devon sold 1,755,174 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $30.05, for a total transaction of $52,742,978.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Wbr Holdings Llc sold 5,894,826 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $30.05, for a total value of $177,139,521.30. Following the transaction, the insider owned 1,980,921 shares in the company, valued at $59,526,676.05. The trade was a 74.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 19,439,652 shares of company stock valued at $584,161,543. Company insiders own 50.61% of the company’s stock.