Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Gaotu Techedu Inc ADR (NYSE: GOTU) closed at $3.74 in the last session, down -4.59% from day before closing price of $3.92. In other words, the price has decreased by -$4.59 from its previous closing price. On the day, 0.53 million shares were traded. GOTU stock price reached its highest trading level at $3.915 during the session, while it also had its lowest trading level at $3.73.
Ratios:
We take a closer look at GOTU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.17.
Citigroup Upgraded its Sell to Buy on January 03, 2024, while the target price for the stock was maintained at $4.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOTU now has a Market Capitalization of 926244672 and an Enterprise Value of -1337677696. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 3.41. Its current Enterprise Value per Revenue stands at -0.262 whereas that against EBITDA is 1.335.
Stock Price History:
The Beta on a monthly basis for GOTU is 0.23, which has changed by -0.124121785 over the last 52 weeks, in comparison to a change of 0.16461086 over the same period for the S&P500. Over the past 52 weeks, GOTU has reached a high of $4.59, while it has fallen to a 52-week low of $1.87. The 50-Day Moving Average of the stock is 0.24%, while the 200-Day Moving Average is calculated to be 21.05%.
Shares Statistics:
According to the various share statistics, GOTU traded on average about 991.76K shares per day over the past 3-months and 511530 shares per day over the past 10 days. A total of 133.00M shares are outstanding, with a floating share count of 132.92M. Insiders hold about 0.06% of the company’s shares, while institutions hold 23.17% stake in the company. Shares short for GOTU as of 1753920000 were 3747629 with a Short Ratio of 3.78, compared to 1751241600 on 3807022. Therefore, it implies a Short% of Shares Outstanding of 3747629 and a Short% of Float of 3.06.
Earnings Estimates
The dynamic stock of Gaotu Techedu Inc ADR (GOTU) is currently attracting attention from 1.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.84, with high estimates of -$0.84 and low estimates of -$0.84.
Analysts are recommending an EPS of between -$0.6 and -$1.91 for the fiscal current year, implying an average EPS of -$0.98. EPS for the following year is $0.07, with 7.0 analysts recommending between $0.95 and -$1.8.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $1.32B. It ranges from a high estimate of $1.33B to a low estimate of $1.3B. As of the current estimate, Gaotu Techedu Inc ADR’s year-ago sales were $1.01BFor the next quarter, 4 analysts are estimating revenue of $1.45B. There is a high estimate of $1.53B for the next quarter, whereas the lowest estimate is $1.4B.
A total of 7 analysts have provided revenue estimates for GOTU’s current fiscal year. The highest revenue estimate was $6.16B, while the lowest revenue estimate was $5.73B, resulting in an average revenue estimate of $5.95B. In the same quarter a year ago, actual revenue was $4.55BBased on 9 analysts’ estimates, the company’s revenue will be $7.45B in the next fiscal year. The high estimate is $7.79B and the low estimate is $7.24B.
