After finishing at $2.86 in the prior trading day, Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) closed at $2.78, down -2.80%. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 810663 shares were traded. KC stock price reached its highest trading level at $2.8550 during the session, while it also had its lowest trading level at $2.7700.
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 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 April 24, 2023, Goldman Downgraded its rating to Sell which previously was Neutral and also upped its target price recommendation from $4 to $5.10.
Citigroup Downgraded its Buy to Neutral on September 07, 2022, whereas the target price for the stock was revised from $8.50 to $3.
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 694.64M and an Enterprise Value of 481.49M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.06 whereas that against EBITDA is -0.21.
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 $2.45. The 50-Day Moving Average of the stock is 2.9654, while the 200-Day Moving Average is calculated to be 4.6715.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 1.02M 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 15, 2024 were 7.98M with a Short Ratio of 5.84, compared to 8.26M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.41% and a Short% of Float of 7.37%.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of -$0.11 and a low estimate of -$0.21, while EPS last year was -$0.32. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.06 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.72 and -$0.86 for the fiscal current year, implying an average EPS of -$0.78. EPS for the following year is -$0.61, with 8 analysts recommending between -$0.35 and -$0.78.
Revenue Estimates
5 analysts predict $244.27M in revenue for the current quarter. It ranges from a high estimate of $272.64M to a low estimate of $231.03M. As of the current estimate, Kingsoft Cloud Holdings Ltd ADR’s year-ago sales were $296.78M, an estimated decrease of -17.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $237.93M, a decrease of -8.30% over than the figure of -$17.70% in the same quarter last year. There is a high estimate of $253.97M for the next quarter, whereas the lowest estimate is $212.91M.
A total of 8 analysts have provided revenue estimates for KC’s current fiscal year. The highest revenue estimate was $1.03B, while the lowest revenue estimate was $973.77M, resulting in an average revenue estimate of $983.51M. In the same quarter a year ago, actual revenue was $1.14B, down -13.70% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.07B in the next fiscal year. The high estimate is $1.31B and the low estimate is $975.29M. The average revenue growth estimate for next year is up 8.90% from the average revenue estimate for this year.
