In the latest session, VNET Group Inc ADR (NASDAQ: VNET) closed at $1.55 up 1.97% from its previous closing price of $1.52. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 1913031 shares were traded.
Ratios:
For a deeper understanding of VNET Group Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 1.70.
On June 12, 2023, HSBC Securities Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $6.60 to $2.90.
Credit Suisse Downgraded its Outperform to Neutral on September 01, 2022, whereas the target price for the stock was revised from $7.20 to $5.90.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VNET now has a Market Capitalization of 398.91M and an Enterprise Value of 2.24B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 0.32 whereas that against EBITDA is 1.22.
Stock Price History:
Over the past 52 weeks, VNET has reached a high of $4.23, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is 2.1924, while the 200-Day Moving Average is calculated to be 2.7985.
Shares Statistics:
For the past three months, VNET has traded an average of 2.28M shares per day and 1.65M over the past ten days. A total of 143.32M shares are outstanding, with a floating share count of 129.91M. Insiders hold about 9.35% of the company’s shares, while institutions hold 43.09% stake in the company. Shares short for VNET as of Jan 31, 2024 were 8.54M with a Short Ratio of 3.74, compared to 8.84M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.32% and a Short% of Float of 3.33%.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.22 for the current quarter, with a high estimate of -$0.18 and a low estimate of -$0.27, while EPS last year was -$0.06. The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.04 and -$0.52 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.46, with 4 analysts recommending between -$0.3 and -$0.53.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $280.34M this quarter.It ranges from a high estimate of $280.34M to a low estimate of $280.34M. As of the current estimate, VNET Group Inc ADR’s year-ago sales were $268.33M, an estimated increase of 4.50% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $282.72M, an increase of 13.30% over than the figure of $4.50% in the same quarter last year. There is a high estimate of $282.72M for the next quarter, whereas the lowest estimate is $282.72M.
A total of 8 analysts have provided revenue estimates for VNET’s current fiscal year. The highest revenue estimate was $1.05B, while the lowest revenue estimate was $1.04B, resulting in an average revenue estimate of $1.05B. In the same quarter a year ago, actual revenue was $1.01B, up 3.80% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.15B in the next fiscal year. The high estimate is $1.2B and the low estimate is $1.12B. The average revenue growth estimate for next year is up 9.80% from the average revenue estimate for this year.
