The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, ATRenew Inc ADR (NYSE: RERE) closed at $5.85 down -1.68% from its previous closing price of $5.95. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 1.0 million shares were traded. RERE stock price reached its highest trading level at $5.98 during the session, while it also had its lowest trading level at $5.815.
Ratios:
For a deeper understanding of ATRenew Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In the most recent recommendation for this company, BofA Securities on July 15, 2021, initiated with a Buy rating and assigned the stock a target price of $20.
On July 14, 2021, Goldman started tracking the stock assigning a Buy rating and target price of $20.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RERE now has a Market Capitalization of 1298979712 and an Enterprise Value of -1002911296. As of this moment, ATRenew’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.27, and their Forward P/E ratio for the next fiscal year is 14.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at -0.051 whereas that against EBITDA is -1.808.
Stock Price History:
The Beta on a monthly basis for RERE is 0.18, which has changed by 1.253788 over the last 52 weeks, in comparison to a change of 0.15507638 over the same period for the S&P500. Over the past 52 weeks, RERE has reached a high of $6.47, while it has fallen to a 52-week low of $2.00. The 50-Day Moving Average of the stock is 17.92%, while the 200-Day Moving Average is calculated to be 53.04%.
Shares Statistics:
For the past three months, RERE has traded an average of 1.59M shares per day and 1816990 over the past ten days. Shares short for RERE as of 1767139200 were 2819679 with a Short Ratio of 1.77, compared to 1764288000 on 2923703. Therefore, it implies a Short% of Shares Outstanding of 2819679 and a Short% of Float of 2.32.
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts.
Analysts are recommending an EPS of between $1.82 and $1.35 for the fiscal current year, implying an average EPS of $1.65. EPS for the following year is $2.75, with 4.0 analysts recommending between $3.03 and $2.51.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $6.12B this quarter.It ranges from a high estimate of $6.12B to a low estimate of $6.12B. As of. The current estimate, ATRenew Inc ADR’s year-ago sales were $4.85B
A total of 5 analysts have provided revenue estimates for RERE’s current fiscal year. The highest revenue estimate was $20.97B, while the lowest revenue estimate was $20.86B, resulting in an average revenue estimate of $20.91B. In the same quarter a year ago, actual revenue was $16.33BBased on 5 analysts’ estimates, the company’s revenue will be $26.13B in the next fiscal year. The high estimate is $26.29B and the low estimate is $25.96B.
