In the latest session, Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) closed at $2.97 down -3.57% from its previous closing price of $3.08. In other words, the price has decreased by -$0.1100 from its previous closing price. On the day, 708623 shares were traded. KC stock price reached its highest trading level at $3.1000 during the session, while it also had its lowest trading level at $2.9600.
Ratios:
For a deeper understanding of Kingsoft Cloud Holdings Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.03.
On March 21, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KC now has a Market Capitalization of 777.62M and an Enterprise Value of 565.79M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.08 whereas that against EBITDA is -0.25.
Stock Price History:
Over the past 52 weeks, KC has reached a high of $8.66, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is 2.9302, while the 200-Day Moving Average is calculated to be 4.4125.
Shares Statistics:
For the past three months, KC has traded an average of 1.42M shares per day and 1.1M over the past ten days. A total of 236.14M shares are outstanding, with a floating share count of 236.00M. Insiders hold about 0.06% of the company’s shares, while institutions hold 15.49% stake in the company. Shares short for KC as of Mar 15, 2024 were 7.2M with a Short Ratio of 5.08, compared to 7.98M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.08% and a Short% of Float of 6.65%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.11 and a low estimate of -$0.18, while EPS last year was -$0.25. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.07 and low estimates of -$0.29.
Analysts are recommending an EPS of between -$0.39 and -$0.93 for the fiscal current year, implying an average EPS of -$0.58. EPS for the following year is -$0.37, with 9 analysts recommending between -$0.03 and -$0.89.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $243.76M this quarter.It ranges from a high estimate of $246.14M to a low estimate of $241.37M. As of the current estimate, Kingsoft Cloud Holdings Ltd ADR’s year-ago sales were $259.35M, an estimated decrease of -6.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $252.94M, a decrease of -7.00% less than the figure of -$6.00% in the same quarter last year. There is a high estimate of $254.72M for the next quarter, whereas the lowest estimate is $249.43M.
A total of 10 analysts have provided revenue estimates for KC’s current fiscal year. The highest revenue estimate was $1.3B, while the lowest revenue estimate was $1.01B, resulting in an average revenue estimate of $1.05B. In the same quarter a year ago, actual revenue was $974.23M, up 7.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.5B and the low estimate is $1.08B. The average revenue growth estimate for next year is up 10.70% from the average revenue estimate for this year.
