The closing price of Gaotu Techedu Inc ADR (NYSE: GOTU) was $7.40 for the day, down -0.54% from the previous closing price of $7.44. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 5712052 shares were traded. GOTU stock price reached its highest trading level at $7.64 during the session, while it also had its lowest trading level at $7.03.
Ratios:
Our analysis of GOTU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
On January 03, 2024, Citigroup Upgraded its rating to Buy which previously was Sell but kept the price unchanged to $4.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOTU now has a Market Capitalization of 1.91B and an Enterprise Value of 1.54B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.69 while its Price-to-Book (P/B) ratio in mrq is 4.31. Its current Enterprise Value per Revenue stands at 0.52 whereas that against EBITDA is -10.30.
Stock Price History:
Over the past 52 weeks, GOTU has reached a high of $8.42, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is 4.35, while the 200-Day Moving Average is calculated to be 3.29.
Shares Statistics:
GOTU traded an average of 8.39M shares per day over the past three months and 11.85M shares per day over the past ten days. A total of 152.10M shares are outstanding, with a floating share count of 152.01M. Insiders hold about 0.06% of the company’s shares, while institutions hold 31.27% stake in the company. Shares short for GOTU as of Feb 15, 2024 were 11.2M with a Short Ratio of 1.33, compared to 13.6M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.34% and a Short% of Float of 4.51%.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. The consensus estimate for the next quarter is $0.03, with high estimates of $0.03 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.07 and $0.05 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.13, with 6 analysts recommending between $0.17 and $0.08.
Revenue Estimates
A total of 7 analysts have provided revenue estimates for GOTU’s current fiscal year. The highest revenue estimate was $630.89M, while the lowest revenue estimate was $513.8M, resulting in an average revenue estimate of $590.46M. In the same quarter a year ago, actual revenue was $416.02M, up 41.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $804.33M in the next fiscal year. The high estimate is $942.91M and the low estimate is $627.99M. The average revenue growth estimate for next year is up 36.20% from the average revenue estimate for this year.
