Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Hesai Group ADR’s stock clocked out at $15.22, up 12.49% from its previous closing price of $13.53. In other words, the price has increased by $12.49 from its previous closing price. On the day, 3.51 million shares were traded. HSAI stock price reached its highest trading level at $15.3 during the session, while it also had its lowest trading level at $13.53.
Ratios:
To gain a deeper understanding of HSAI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.65 and its Current Ratio is at 3.08. In the meantime, Its Debt-to-Equity ratio is 0.17 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 1940215168 and an Enterprise Value of -1524073088. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.57 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at -0.835 whereas that against EBITDA is 3.301.
Stock Price History:
The Beta on a monthly basis for HSAI is 1.27, which has changed by 1.0877914 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, HSAI has reached a high of $16.35, while it has fallen to a 52-week low of $3.28. The 50-Day Moving Average of the stock is 71.49%, while the 200-Day Moving Average is calculated to be 170.81%.
Shares Statistics:
It appears that HSAI traded 2.57M shares on average per day over the past three months and 3636940 shares per day over the past ten days. A total of 97.44M shares are outstanding, with a floating share count of 80.47M. Insiders hold about 17.42% of the company’s shares, while institutions hold 14.95% stake in the company. Shares short for HSAI as of 1730332800 were 3095073 with a Short Ratio of 0.31, compared to 1727654400 on 3079619. Therefore, it implies a Short% of Shares Outstanding of 3095073 and a Short% of Float of 3.6700000000000004.
Earnings Estimates
The current market rating for Hesai Group ADR (HSAI) reflects the collective analysis of 1.0 analysts closely monitoring its performance.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 $0.07 and -$0.82 for the fiscal current year, implying an average EPS of -$0.52. EPS for the following year is $1.09, with 3.0 analysts recommending between $1.27 and $0.96.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $736.95M. It ranges from a high estimate of $760M to a low estimate of $713M. As of the current estimate, Hesai Group ADR’s year-ago sales were $561.18M
A total of 9 analysts have provided revenue estimates for HSAI’s current fiscal year. The highest revenue estimate was $2.45B, while the lowest revenue estimate was $2.06B, resulting in an average revenue estimate of $2.15B. In the same quarter a year ago, actual revenue was $1.88BBased on 10 analysts’ estimates, the company’s revenue will be $3.38B in the next fiscal year. The high estimate is $4.09B and the low estimate is $2.66B.
