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The closing price of VNET Group Inc ADR (NASDAQ: VNET) was $13.55 for the day, up 1.99% from the previous closing price of $13.28. In other words, the price has increased by $1.99 from its previous closing price. On the day, 10.84 million shares were traded.
Ratios:
Our analysis of VNET’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 2.60 whereas as Long-Term Debt/Eq ratio is at 2.15.
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 the company, Goldman on November 29, 2024, Upgraded its rating to Buy and sets its target price to $5 from $3.10 previously.
On October 09, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $5.20.
BofA Securities Upgraded its Neutral to Buy on March 19, 2024, whereas the target price for the stock was revised from $3.90 to $2.70.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.23 while its Price-to-Book (P/B) ratio in mrq is 3.95.
Stock Price History:
Over the past 52 weeks, VNET has reached a high of $16.13, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is 90.77%, while the 200-Day Moving Average is calculated to be 251.55%.
Shares Statistics:
A total of 261.84M shares are outstanding, with a floating share count of 248.47M. Insiders hold about 5.11% of the company’s shares, while institutions hold 31.74% stake in the company.
Earnings Estimates
The company has 2.0 analysts who recommend its stock at the moment. 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 $1.57 and $0.34 for the fiscal current year, implying an average EPS of $1.14. EPS for the following year is $1.02, with 3.0 analysts recommending between $1.37 and $0.57.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $2.09B to a low estimate of $2.04B. As of the current estimate, VNET Group Inc ADR’s year-ago sales were $1.9B
A total of 12 analysts have provided revenue estimates for VNET’s current fiscal year. The highest revenue estimate was $8.18B, while the lowest revenue estimate was $8B, resulting in an average revenue estimate of $8.09B. In the same quarter a year ago, actual revenue was $7.41BBased on 12 analysts’ estimates, the company’s revenue will be $9.07B in the next fiscal year. The high estimate is $9.37B and the low estimate is $8.81B.
