Gaotu Techedu Inc ADR (GOTU) Stocks Experience Steady increase to Close at $7.15

Gaotu Techedu Inc ADR (NYSE: GOTU) closed the day trading at $7.15 up 1.42% from the previous closing price of $7.05. In other words, the price has increased by $+0.10 from its previous closing price. On the day, 2851070 shares were traded.

Ratios:

For a better understanding of GOTU, let’s look at its different ratios. 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 1.85B and an Enterprise Value of 1.47B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.60 while its Price-to-Book (P/B) ratio in mrq is 4.16. Its current Enterprise Value per Revenue stands at 0.50 whereas that against EBITDA is -9.87.

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 4.65, while the 200-Day Moving Average is calculated to be 3.38.

Shares Statistics:

Over the past 3-months, GOTU traded about 8.56M shares per day on average, while over the past 10 days, GOTU traded about 11M shares per day. 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 31.25% stake in the company. Shares short for GOTU as of Feb 15, 2024 were 11.2M with a Short Ratio of 1.31, 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

Current recommendations for the stock of the company come from 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 $0.08 and $0.04 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.11, with 5 analysts recommending between $0.14 and $0.08.

Revenue Estimates

A total of 6 analysts have provided revenue estimates for GOTU’s current fiscal year. The highest revenue estimate was $624.72M, while the lowest revenue estimate was $609.07M, resulting in an average revenue estimate of $614.73M. In the same quarter a year ago, actual revenue was $411.95M, up 49.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $862.76M in the next fiscal year. The high estimate is $933.7M and the low estimate is $822.91M. The average revenue growth estimate for next year is up 40.30% from the average revenue estimate for this year.

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