After finishing at $5.07 in the prior trading day, Hesai Group ADR (NASDAQ: HSAI) closed at $4.71, down -7.10%. In other words, the price has decreased by -$0.3600 from its previous closing price. On the day, 711610 shares were traded. HSAI stock price reached its highest trading level at $4.8900 during the session, while it also had its lowest trading level at $4.6800.
Ratios:
Our goal is to gain a better understanding of HSAI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.92 and its Current Ratio is at 3.29. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
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, Citigroup on September 26, 2023, initiated with a Buy rating and assigned the stock a target price of $12.90.
On September 22, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $14.80.
Goldman Downgraded its Buy to Neutral on August 18, 2023, whereas the target price for the stock was revised from $25 to $12.40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HSAI now has a Market Capitalization of 592.52M and an Enterprise Value of 197.17M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 0.11 whereas that against EBITDA is -0.36.
Stock Price History:
Over the past 52 weeks, HSAI has reached a high of $17.28, while it has fallen to a 52-week low of $3.28. The 50-Day Moving Average of the stock is 5.0730, while the 200-Day Moving Average is calculated to be 8.9192.
Shares Statistics:
The stock has traded on average 867.39K shares per day over the past 3-months and 1.27M shares per day over the last 10 days, according to various share statistics. A total of 95.50M shares are outstanding, with a floating share count of 78.38M. Insiders hold about 17.93% of the company’s shares, while institutions hold 15.76% stake in the company. Shares short for HSAI as of Feb 29, 2024 were 747.7k with a Short Ratio of 0.86, compared to 536.31k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.60% and a Short% of Float of 0.60%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.08, while EPS last year was $0. The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.17 and -$0.28 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is $0.11, with 3 analysts recommending between $0.22 and $0.03.
Revenue Estimates
A total of 6 analysts have provided revenue estimates for HSAI’s current fiscal year. The highest revenue estimate was $436.38M, while the lowest revenue estimate was $346.84M, resulting in an average revenue estimate of $406.64M. In the same quarter a year ago, actual revenue was $259.61M, up 56.60% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $566.69M in the next fiscal year. The high estimate is $651.17M and the low estimate is $458.7M. The average revenue growth estimate for next year is up 39.40% from the average revenue estimate for this year.
