Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, NIO Inc ADR (NYSE: NIO) closed at $3.54 down -3.80% from its previous closing price of $3.68. In other words, the price has decreased by -$3.80 from its previous closing price. On the day, 37.05 million shares were traded.
Ratios:
For a deeper understanding of NIO Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 5.67 whereas as Long-Term Debt/Eq ratio is at 3.81.
Goldman Downgraded its Neutral to Sell on November 25, 2024, whereas the target price for the stock was revised from $4.80 to $3.90.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 8.41.
Stock Price History:
Over the past 52 weeks, NIO has reached a high of $7.71, while it has fallen to a 52-week low of $3.02. The 50-Day Moving Average of the stock is -8.75%, while the 200-Day Moving Average is calculated to be -22.47%.
Shares Statistics:
A total of 1.94B shares are outstanding, with a floating share count of 1.94B. Insiders hold about 0.03% of the company’s shares, while institutions hold 11.76% stake in the company.
Earnings Estimates
A detailed examination of NIO Inc ADR (NIO) is currently in progress, with 4.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$2.24, with high estimates of -$2.02 and low estimates of -$2.47.
Analysts are recommending an EPS of between -$6.92 and -$11.39 for the fiscal current year, implying an average EPS of -$8.85. EPS for the following year is -$7.22, with 8.0 analysts recommending between -$4.08 and -$11.46.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $12.46B this quarter.It ranges from a high estimate of $12.58B to a low estimate of $12.33B. As of the current estimate, NIO Inc ADR’s year-ago sales were $9.91BFor the next quarter, 4 analysts are estimating revenue of $19.98B. There is a high estimate of $23.51B for the next quarter, whereas the lowest estimate is $16.24B.
A total of 23 analysts have provided revenue estimates for NIO’s current fiscal year. The highest revenue estimate was $114.17B, while the lowest revenue estimate was $67.57B, resulting in an average revenue estimate of $92.46B. In the same quarter a year ago, actual revenue was $65.73BBased on 26 analysts’ estimates, the company’s revenue will be $120.08B in the next fiscal year. The high estimate is $157.21B and the low estimate is $92.39B.
