The closing price of Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) was $3.04 for the day, up 3.75% from the previous closing price of $2.93. In other words, the price has increased by $+0.1100 from its previous closing price. On the day, 1691918 shares were traded.
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 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 744.41M and an Enterprise Value of 532.40M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 0.07 whereas that against EBITDA is -0.24.
Stock Price History:
The Beta on a monthly basis for KC is 2.12, which has changed by -67.52% over the last 52 weeks, in comparison to a change of 27.39% over the same period for the S&P500. 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 2.8804, while the 200-Day Moving Average is calculated to be 4.5175.
Shares Statistics:
KC traded an average of 1.45M shares per day over the past three months and 2.08M 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 Mar 15, 2024 were 7.2M with a Short Ratio of 4.96, compared to 7.98M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.08% and a Short% of Float of 6.65%.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.11 and a low estimate of -$0.18, while EPS last year was -$0.25. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.07 and low estimates of -$0.29.
Analysts are recommending an EPS of between -$0.39 and -$0.94 for the fiscal current year, implying an average EPS of -$0.55. EPS for the following year is -$0.38, with 8 analysts recommending between -$0.03 and -$0.89.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $246.35M to a low estimate of $241.57M. As of the current estimate, Kingsoft Cloud Holdings Ltd ADR’s year-ago sales were $259.35M, an estimated decrease of -5.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $253.05M, a decrease of -7.00% less than the figure of -$5.90% in the same quarter last year. There is a high estimate of $254.94M for the next quarter, whereas the lowest estimate is $249.64M.
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 $1.01B, resulting in an average revenue estimate of $1.02B. In the same quarter a year ago, actual revenue was $975.05M, up 4.50% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.12B in the next fiscal year. The high estimate is $1.17B and the low estimate is $1.08B. The average revenue growth estimate for next year is up 9.70% from the average revenue estimate for this year.
