The closing price of Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) was $3.33 for the day, down -4.58% from the previous closing price of $3.49. In other words, the price has decreased by -$0.1600 from its previous closing price. On the day, 1455176 shares were traded. KC stock price reached its highest trading level at $3.6300 during the session, while it also had its lowest trading level at $3.3300.
Ratios:
Our analysis of KC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 01, 2023, Goldman Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $4.50.
Goldman Downgraded its Neutral to Sell on April 24, 2023, whereas the target price for the stock was revised from $4 to $5.10.
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 811.88M and an Enterprise Value of 598.63M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.80. 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 2.8402, while the 200-Day Moving Average is calculated to be 4.6097.
Shares Statistics:
KC traded an average of 1.55M shares per day over the past three months and 2.13M shares per day over the past ten days. 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 4.21, 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
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.21, while EPS last year was -$0.32. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.06 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.73 and -$0.86 for the fiscal current year, implying an average EPS of -$0.78. EPS for the following year is -$0.61, with 9 analysts recommending between -$0.35 and -$0.88.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $273.09M to a low estimate of $231.13M. As of the current estimate, Kingsoft Cloud Holdings Ltd ADR’s year-ago sales were $296.78M, an estimated decrease of -18.20% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $242.48M, a decrease of -6.50% over than the figure of -$18.20% in the same quarter last year. There is a high estimate of $259.4M for the next quarter, whereas the lowest estimate is $213.27M.
A total of 9 analysts have provided revenue estimates for KC’s current fiscal year. The highest revenue estimate was $1.03B, while the lowest revenue estimate was $975.06M, resulting in an average revenue estimate of $984.81M. In the same quarter a year ago, actual revenue was $1.14B, down -13.60% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.06B in the next fiscal year. The high estimate is $1.31B and the low estimate is $976.91M. The average revenue growth estimate for next year is up 8.10% from the average revenue estimate for this year.
