Timing, Fundamentals, and Diversification of MINISO Group Holding Limited (MNSO)

MINISO Group Holding Limited (NYSE: MNSO) closed the day trading at $11.14 down -6.86% from the previous closing price of $11.96. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 2174430 shares were traded. MNSO stock price reached its highest trading level at $13.00 during the session, while it also had its lowest trading level at $10.51.

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Ratios:

For a better understanding of MNSO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

On November 09, 2020, Goldman started tracking the stock assigning a Buy rating and target price of $25.20.

Valuation Measures:

As of this moment, MINISO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.10, and their Forward P/E ratio for the next fiscal year is 2.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 3.26.

Stock Price History:

Over the past 52 weeks, MNSO has reached a high of $12.02, while it has fallen to a 52-week low of $4.45. The 50-Day Moving Average of the stock is 6.83, while the 200-Day Moving Average is calculated to be 6.94.

Shares Statistics:

Over the past 3-months, MNSO traded about 780.17K shares per day on average, while over the past 10 days, MNSO traded about 825.82k shares per day. A total of 311.84M shares are outstanding, with a floating share count of 300.84M. Insiders hold about 5.02% of the company’s shares, while institutions hold 17.30% stake in the company. Shares short for MNSO as of Oct 13, 2022 were 3.9M with a Short Ratio of 4.11M, compared to 6.47M on Sep 14, 2022.

Dividends & Splits

MNSO’s forward annual dividend rate is 1.87, up from 1.01 a year ago.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.12 and a low estimate of $0.12, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.09, with high estimates of $0.09 and low estimates of $0.09.

Analysts are recommending an EPS of between $0.57 and $0.44 for the fiscal current year, implying an average EPS of $0.48. EPS for the following year is $0.63, with 7 analysts recommending between $0.79 and $0.56.

Revenue Estimates

2 analysts predict $381.91M in revenue for the current quarter. It ranges from a high estimate of $387.3M to a low estimate of $376.51M. As of the current estimate, MINISO Group Holding Limited’s year-ago sales were $417.13M, an estimated decrease of -8.40% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $395.56M, a decrease of -3.60% over than the figure of -$8.40% in the same quarter last year. There is a high estimate of $395.56M for the next quarter, whereas the lowest estimate is $395.56M.

A total of 9 analysts have provided revenue estimates for MNSO’s current fiscal year. The highest revenue estimate was $1.84B, while the lowest revenue estimate was $1.59B, resulting in an average revenue estimate of $1.69B. In the same quarter a year ago, actual revenue was $1.4B, up 20.20% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2B in the next fiscal year. The high estimate is $2.25B and the low estimate is $1.84B. The average revenue growth estimate for next year is up 18.50% from the average revenue estimate for this year.