Market Momentum Report: ZEEKR Intelligent Technology Holding Ltd. ADR (ZK)’s Positive Close at 28.92

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) closed at $28.92 in the last session, up 0.49% from day before closing price of $28.78. In other words, the price has increased by $0.49 from its previous closing price. On the day, 1.58 million shares were traded. ZK stock price reached its highest trading level at $29.67 during the session, while it also had its lowest trading level at $27.22.

Ratios:

We take a closer look at ZK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.62.

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 this company, Macquarie on October 03, 2024, initiated with a Outperform rating and assigned the stock a target price of $33.

On June 24, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $32.40.

On June 04, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $34.Goldman initiated its Buy rating on June 04, 2024, with a $34 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZK now has a Market Capitalization of 7351376896 and an Enterprise Value of 69567455232. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69. Its current Enterprise Value per Revenue stands at 0.916 whereas that against EBITDA is -12.613.

Stock Price History:

The Beta on a monthly basis for ZK is 0.55, which has changed by 0.11230767 over the last 52 weeks, in comparison to a change of 0.11571348 over the same period for the S&P500. Over the past 52 weeks, ZK has reached a high of $33.32, while it has fallen to a 52-week low of $13.00. The 50-Day Moving Average of the stock is 17.95%, while the 200-Day Moving Average is calculated to be 24.03%.

Shares Statistics:

According to the various share statistics, ZK traded on average about 837.64K shares per day over the past 3-months and 1395130 shares per day over the past 10 days. Shares short for ZK as of 1745971200 were 1419961 with a Short Ratio of 1.70, compared to 1743379200 on 1233460. Therefore, it implies a Short% of Shares Outstanding of 1419961 and a Short% of Float of 2.91.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Investors are keenly observing as 1.0 analysts analyze and rate the current performance of ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) in the stock market.The consensus estimate for the next quarter is -$1.46, with high estimates of -$1.46 and low estimates of -$1.46.

Analysts are recommending an EPS of between -$8.07 and -$9.22 for the fiscal current year, implying an average EPS of -$8.64. EPS for the following year is $11.48, with 5.0 analysts recommending between $24.61 and $2.33.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $34.56B. It ranges from a high estimate of $34.56B to a low estimate of $34.56B. As of the current estimate, ZEEKR Intelligent Technology Holding Ltd. ADR’s year-ago sales were $20.04BFor the next quarter, 1 analysts are estimating revenue of $42.33B. There is a high estimate of $42.33B for the next quarter, whereas the lowest estimate is $42.33B.

A total of 2 analysts have provided revenue estimates for ZK’s current fiscal year. The highest revenue estimate was $168.9B, while the lowest revenue estimate was $156.94B, resulting in an average revenue estimate of $162.92B. In the same quarter a year ago, actual revenue was $75.91BBased on 9 analysts’ estimates, the company’s revenue will be $169.03B in the next fiscal year. The high estimate is $241.02B and the low estimate is $101.03B.

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