After finishing at $1.75 in the prior trading day, ATRenew Inc ADR (NYSE: RERE) closed at $1.66, down -5.14%. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 557911 shares were traded.
Ratios:
Our goal is to gain a better understanding of RERE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.07 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, 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 374.28M and an Enterprise Value of 158.66M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.01 whereas that against EBITDA is -0.07.
Stock Price History:
Over the past 52 weeks, RERE has reached a high of $3.30, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is 1.3438, while the 200-Day Moving Average is calculated to be 1.9130.
Shares Statistics:
The stock has traded on average 598.97K shares per day over the past 3-months and 464.32k shares per day over the last 10 days, according to various share statistics. Shares short for RERE as of Mar 15, 2024 were 910.09k with a Short Ratio of 1.52, compared to 204.74k on Feb 15, 2024.
Earnings Estimates
Its stock is currently analyzed by 0 different market 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 -$0.01. 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 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0.13, with 2 analysts recommending between $0.25 and $0.01.
Revenue Estimates
1 analysts predict $450.21M in revenue for the current quarter. It ranges from a high estimate of $476.43M to a low estimate of $476.43M. As of the current estimate, ATRenew Inc ADR’s year-ago sales were $373.25M, an estimated increase of 20.60% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for RERE’s current fiscal year. The highest revenue estimate was $1.8B, while the lowest revenue estimate was $1.8B, resulting in an average revenue estimate of $1.79B. In the same quarter a year ago, actual revenue was $1.42B, up 26.40% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2.26B in the next fiscal year. The high estimate is $2.3B and the low estimate is $2.23B. The average revenue growth estimate for next year is up 26.20% from the average revenue estimate for this year.
