The closing price of Gaotu Techedu Inc. (NYSE: GOTU) was $4.15 for the day, up 9.50% from the previous closing price of $3.79. In other words, the price has increased by $+0.3600 from its previous closing price. On the day, 9226902 shares were traded. GOTU stock price reached its highest trading level at $4.3800 during the session, while it also had its lowest trading level at $3.7703.
Our analysis of GOTU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.10 and its Current Ratio is at 3.10. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Goldman Downgraded its Neutral to Sell on July 26, 2021, whereas the target price for the stock was revised from $20 to $2.60.
As of this moment, Gaotu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.68, and their Forward P/E ratio for the next fiscal year is 41.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 2.40.
Stock Price History:
Over the past 52 weeks, GOTU has reached a high of $4.23, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is 2.2306, while the 200-Day Moving Average is calculated to be 1.6765.
GOTU traded an average of 6.44M shares per day over the past three months and 6.31M shares per day over the past ten days. A total of 258.77M shares are outstanding, with a floating share count of 254.53M. Insiders hold about 1.74% of the company’s shares, while institutions hold 21.70% stake in the company. Shares short for GOTU as of Oct 13, 2022 were 9.8M with a Short Ratio of 9.66M, compared to 7.79M on Sep 14, 2022.
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.8. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0.06 and $0.03 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.12, with 2 analysts recommending between $0.15 and $0.08.
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $81.3M to a low estimate of $81.3M. As of the current estimate, Gaotu Techedu Inc.’s year-ago sales were $291.63M, an estimated decrease of -63.30% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for GOTU’s current fiscal year. The highest revenue estimate was $353.73M, while the lowest revenue estimate was $343.41M, resulting in an average revenue estimate of $348.57M. In the same quarter a year ago, actual revenue was $984.12M, down -64.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $375.1M in the next fiscal year. The high estimate is $422.94M and the low estimate is $327.27M. The average revenue growth estimate for next year is up 7.60% from the average revenue estimate for this year.