Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, MINISO Group Holding Ltd ADR’s stock clocked out at $24.79, up 1.10% from its previous closing price of $24.52. In other words, the price has increased by $1.10 from its previous closing price. On the day, 1.62 million shares were traded. MNSO stock price reached its highest trading level at $25.16 during the session, while it also had its lowest trading level at $24.51.
Ratios:
To gain a deeper understanding of MNSO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 2.34. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.09.
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, JP Morgan on April 30, 2024, initiated with a Overweight rating and assigned the stock a target price of $30.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNSO now has a Market Capitalization of 7804412928 and an Enterprise Value of 25218740224. As of this moment, MINISO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.23, and their Forward P/E ratio for the next fiscal year is 15.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 6.06. Its current Enterprise Value per Revenue stands at 1.652 whereas that against EBITDA is 7.99.
Stock Price History:
Over the past 52 weeks, MNSO has reached a high of $29.49, while it has fallen to a 52-week low of $14.25. The 50-Day Moving Average of the stock is 19.98%, while the 200-Day Moving Average is calculated to be 13.45%.
Shares Statistics:
It appears that MNSO traded 1.53M shares on average per day over the past three months and 1255160 shares per day over the past ten days. A total of 310.83M shares are outstanding, with a floating share count of 307.09M. Insiders hold about 0.85% of the company’s shares, while institutions hold 18.55% stake in the company. Shares short for MNSO as of 1713139200 were 4182195 with a Short Ratio of 2.73, compared to 1710460800 on 5695792.
Earnings Estimates
MINISO Group Holding Ltd ADR (MNSO) is presently subject to a detailed evaluation by 2.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.32, while EPS last year was $0.21. The consensus estimate for the next quarter is $0.37, with high estimates of $0.37 and low estimates of $0.36.
Analysts are recommending an EPS of between $1.3 and $1.12 for the fiscal current year, implying an average EPS of $1.24. EPS for the following year is $1.5, with 8.0 analysts recommending between $1.64 and $1.34.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $671.05M. There is a high estimate of $671.91M for the next quarter, whereas the lowest estimate is $670.19M.
A total of 9 analysts have provided revenue estimates for MNSO’s current fiscal year. The highest revenue estimate was $2.47B, while the lowest revenue estimate was $2.13B, resulting in an average revenue estimate of $2.37B. In the same quarter a year ago, actual revenue was $1.57BBased on 10 analysts’ estimates, the company’s revenue will be $2.87B in the next fiscal year. The high estimate is $3.08B and the low estimate is $2.54B.
