Analysts provide stock recommendations for EHang Holdings Ltd ADR (EH)

EHang Holdings Ltd ADR (NASDAQ: EH) closed the day trading at $17.40 down -0.68% from the previous closing price of $17.52. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 789658 shares were traded. EH stock price reached its highest trading level at $18.03 during the session, while it also had its lowest trading level at $17.23.

Ratios:

For a better understanding of EH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.40.

On October 27, 2022, Goldman started tracking the stock assigning a Neutral rating and target price of $4.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EH now has a Market Capitalization of 1.05B and an Enterprise Value of 1.03B. For the stock, the TTM Price-to-Sale (P/S) ratio is 43.24 while its Price-to-Book (P/B) ratio in mrq is 21.59. Its current Enterprise Value per Revenue stands at 13.50 whereas that against EBITDA is -3.21.

Stock Price History:

The Beta on a monthly basis for EH is 0.99, which has changed by 66.67% over the last 52 weeks, in comparison to a change of 29.19% over the same period for the S&P500. Over the past 52 weeks, EH has reached a high of $25.78, while it has fallen to a 52-week low of $9.08. The 50-Day Moving Average of the stock is 12.28, while the 200-Day Moving Average is calculated to be 15.74.

Shares Statistics:

Over the past 3-months, EH traded about 1.05M shares per day on average, while over the past 10 days, EH traded about 2.83M shares per day. A total of 40.88M shares are outstanding, with a floating share count of 40.25M. Insiders hold about 1.54% of the company’s shares, while institutions hold 26.89% stake in the company. Shares short for EH as of Feb 29, 2024 were 6.56M with a Short Ratio of 6.26, compared to 6.91M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.87% and a Short% of Float of 11.11%.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.09, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.

Analysts are recommending an EPS of between -$0.11 and -$0.11 for the fiscal current year, implying an average EPS of -$0.11. EPS for the following year is $0.42, with 1 analysts recommending between $0.42 and $0.42.

Revenue Estimates

1 analysts predict $6.56M in revenue for the current quarter. It ranges from a high estimate of $6.56M to a low estimate of $6.56M. As of the current estimate, EHang Holdings Ltd ADR’s year-ago sales were $3.23M, an estimated increase of 102.90% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $11.78M, an increase of 753.60% over than the figure of $102.90% in the same quarter last year. There is a high estimate of $11.78M for the next quarter, whereas the lowest estimate is $11.78M.

A total of 1 analysts have provided revenue estimates for EH’s current fiscal year. The highest revenue estimate was $57.24M, while the lowest revenue estimate was $57.24M, resulting in an average revenue estimate of $57.24M. In the same quarter a year ago, actual revenue was $16.54M, up 246.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $108.66M in the next fiscal year. The high estimate is $108.66M and the low estimate is $108.66M. The average revenue growth estimate for next year is up 89.80% from the average revenue estimate for this year.

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