Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
ATRenew Inc ADR (NYSE: RERE) closed the day trading at $2.07 down -0.48% from the previous closing price of $2.08. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 0.95 million shares were traded. RERE stock price reached its highest trading level at $2.1 during the session, while it also had its lowest trading level at $1.89.
Ratios:
For a better understanding of RERE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.11 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 458923136 and an Enterprise Value of -1721761792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at -0.133 whereas that against EBITDA is -10.735.
Stock Price History:
The Beta on a monthly basis for RERE is -0.26, which has changed by -0.0840708 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 33.82%, while the 200-Day Moving Average is calculated to be 14.60%.
Shares Statistics:
Over the past 3-months, RERE traded about 774.79K shares per day on average, while over the past 10 days, RERE traded about 1057440 shares per day. Shares short for RERE as of 1713139200 were 516575 with a Short Ratio of 0.67, compared to 1710460800 on 910093. Therefore, it implies a Short% of Shares Outstanding of 516575 and a Short% of Float of 0.25.
Earnings Estimates
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 $449.85M 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
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 $1.42BBased 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.
