The closing price of Gaotu Techedu Inc. (NYSE: GOTU) was $2.70 for the day, up 1.89% from the previous closing price of $2.65. In other words, the price has increased by $+0.0500 from its previous closing price. On the day, 2375578 shares were traded. GOTU stock price reached its highest trading level at $2.7281 during the session, while it also had its lowest trading level at $2.6000.
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 3.00 and its Current Ratio is at 3.10. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
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 700.24M and an Enterprise Value of 217.06M. As of this moment, Gaotu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.82, and their Forward P/E ratio for the next fiscal year is 15.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 0.08 whereas that against EBITDA is 3.90.
Stock Price History:
The Beta on a monthly basis for GOTU is -0.50, which has changed by 67.70% over the last 52 weeks, in comparison to a change of 8.44% over the same period for the S&P500. Over the past 52 weeks, GOTU has reached a high of $5.49, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is 3.2756, while the 200-Day Moving Average is calculated to be 3.2675.
GOTU traded an average of 2.45M shares per day over the past three months and 3.69M shares per day over the past ten days. A total of 259.59M shares are outstanding, with a floating share count of 253.93M. Insiders hold about 4.12% of the company’s shares, while institutions hold 21.70% stake in the company. Shares short for GOTU as of Aug 14, 2023 were 5.45M with a Short Ratio of 5.45M, compared to 8.3M on Jul 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.08% and a Short% of Float of 2.16%.
The firm’s stock currently is rated by 0 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 -$0.8. 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 $0.13 and $0.11 for the fiscal current year, implying an average EPS of $0.12. EPS for the following year is $0.18, with 3 analysts recommending between $0.2 and $0.16.
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $102.04M to a low estimate of $101.64M. As of the current estimate, Gaotu Techedu Inc.’s year-ago sales were $89.34M, an estimated increase of 14.00% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $115.35M, an increase of 26.70% over than the figure of $14.00% in the same quarter last year. There is a high estimate of $115.69M for the next quarter, whereas the lowest estimate is $115.01M.
A total of 4 analysts have provided revenue estimates for GOTU’s current fiscal year. The highest revenue estimate was $410.11M, while the lowest revenue estimate was $396.01M, resulting in an average revenue estimate of $406.27M. In the same quarter a year ago, actual revenue was $361.37M, up 12.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $496.9M in the next fiscal year. The high estimate is $535.76M and the low estimate is $460M. The average revenue growth estimate for next year is up 22.30% from the average revenue estimate for this year.