Are analysts optimistic about EHang Holdings Limited’s (NASDAQ:EH) stock?

EHang Holdings Limited (NASDAQ: EH) closed the day trading at $11.40 down -4.44% from the previous closing price of $11.93. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 1316222 shares were traded. EH stock price reached its highest trading level at $12.09 during the session, while it also had its lowest trading level at $11.22.

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Ratios:

For a better understanding of EH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on October 27, 2022, initiated with a Neutral rating and assigned the stock a target price of $4.

Morgan Stanley Downgraded its Overweight to Equal-Weight on April 13, 2021, while the target price for the stock was maintained at $33.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 134.60 while its Price-to-Book (P/B) ratio in mrq is 23.27.

Stock Price History:

Over the past 52 weeks, EH has reached a high of $18.00, while it has fallen to a 52-week low of $3.32. The 50-Day Moving Average of the stock is 7.88, while the 200-Day Moving Average is calculated to be 7.44.

Shares Statistics:

Over the past 3-months, EH traded about 1.99M shares per day on average, while over the past 10 days, EH traded about 2.94M shares per day. A total of 57.37M shares are outstanding, with a floating share count of 36.94M. Insiders hold about 0.90% of the company’s shares, while institutions hold 21.30% stake in the company. Shares short for EH as of Oct 13, 2022 were 6.8M with a Short Ratio of 8.51M, compared to 6.44M on Sep 14, 2022.

Earnings Estimates

Current recommendations for the stock of the company come from 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 -$0.04. 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 -$0.31 and -$0.31 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.33, with 1 analysts recommending between -$0.33 and -$0.33.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for EH’s current fiscal year. The highest revenue estimate was $8.97M, while the lowest revenue estimate was $8.97M, resulting in an average revenue estimate of $8.97M. In the same quarter a year ago, actual revenue was $8.91M, up 0.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $15.34M in the next fiscal year. The high estimate is $15.34M and the low estimate is $15.34M. The average revenue growth estimate for next year is up 71.00% from the average revenue estimate for this year.