After finishing at $3.28 in the prior trading day, Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) closed at $3.06, down -6.71%. In other words, the price has decreased by -$0.2200 from its previous closing price. On the day, 1759643 shares were traded.
Ratios:
Our goal is to gain a better understanding of KC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.03.
On March 21, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KC now has a Market Capitalization of 820.92M and an Enterprise Value of 608.09M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.08 whereas that against EBITDA is -0.27.
Stock Price History:
Over the past 52 weeks, KC has reached a high of $10.13, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is 2.8658, while the 200-Day Moving Average is calculated to be 4.5507.
Shares Statistics:
The stock has traded on average 1.44M shares per day over the past 3-months and 2.14M shares per day over the last 10 days, according to various share statistics. A total of 236.14M shares are outstanding, with a floating share count of 236.00M. Insiders hold about 0.06% of the company’s shares, while institutions hold 15.50% stake in the company. Shares short for KC as of Feb 29, 2024 were 6.54M with a Short Ratio of 4.55, compared to 8.71M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.80% and a Short% of Float of 6.04%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.18, while EPS last year was -$0.25. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.07 and low estimates of -$0.29.
Analysts are recommending an EPS of between -$0.35 and -$0.93 for the fiscal current year, implying an average EPS of -$0.57. EPS for the following year is -$0.42, with 8 analysts recommending between -$0.16 and -$0.89.
Revenue Estimates
4 analysts predict $249.6M in revenue for the current quarter. It ranges from a high estimate of $257.81M to a low estimate of $241.5M. As of the current estimate, Kingsoft Cloud Holdings Ltd ADR’s year-ago sales were $259.35M, an estimated decrease of -3.80% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $261.28M, a decrease of -3.90% less than the figure of -$3.80% in the same quarter last year. There is a high estimate of $275.1M for the next quarter, whereas the lowest estimate is $249.56M.
A total of 10 analysts have provided revenue estimates for KC’s current fiscal year. The highest revenue estimate was $1.3B, while the lowest revenue estimate was $1.01B, resulting in an average revenue estimate of $1.06B. In the same quarter a year ago, actual revenue was $974.74M, up 8.30% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.5B and the low estimate is $1.08B. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.
