Market Resilience: EHang Holdings Ltd ADR (EH) Finishes Weak at 22.28, Down -3.17

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EHang Holdings Ltd ADR (NASDAQ: EH) closed the day trading at $22.28 down -3.17% from the previous closing price of $23.01. In other words, the price has decreased by -$3.17 from its previous closing price. On the day, 1.14 million shares were traded. EH stock price reached its highest trading level at $23.34 during the session, while it also had its lowest trading level at $22.11.

Ratios:

For a better understanding of EH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.72 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.15.

On August 28, 2024, UBS started tracking the stock assigning a Buy rating and target price of $22.

On May 06, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $27.50.Morgan Stanley initiated its Overweight rating on May 06, 2024, with a $27.50 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, EH now has a Market Capitalization of 1462416896 and an Enterprise Value of 2257426944. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.48 while its Price-to-Book (P/B) ratio in mrq is 9.22. Its current Enterprise Value per Revenue stands at 4.949 whereas that against EBITDA is -9.4.

Stock Price History:

The Beta on a monthly basis for EH is 0.95, which has changed by 0.18573713 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, EH has reached a high of $29.76, while it has fallen to a 52-week low of $10.40. The 50-Day Moving Average of the stock is 7.03%, while the 200-Day Moving Average is calculated to be 37.98%.

Shares Statistics:

Over the past 3-months, EH traded about 2.26M shares per day on average, while over the past 10 days, EH traded about 2178740 shares per day. A total of 44.04M shares are outstanding, with a floating share count of 43.36M. Insiders hold about 1.54% of the company’s shares, while institutions hold 32.41% stake in the company. Shares short for EH as of 1740700800 were 5088299 with a Short Ratio of 2.25, compared to 1738281600 on 6299969. Therefore, it implies a Short% of Shares Outstanding of 5088299 and a Short% of Float of 11.67.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $3.86 and -$1.33 for the fiscal current year, implying an average EPS of $0.77. EPS for the following year is $4.33, with 4.0 analysts recommending between $7.14 and $1.0.

Revenue Estimates

1 analysts predict $151.15M in revenue for the current quarter. It ranges from a high estimate of $151.15M to a low estimate of $151.15M. As of the current estimate, EHang Holdings Ltd ADR’s year-ago sales were $61.73MFor the next quarter, 1 analysts are estimating revenue of $206M. There is a high estimate of $206M for the next quarter, whereas the lowest estimate is $206M.

A total of 7 analysts have provided revenue estimates for EH’s current fiscal year. The highest revenue estimate was $961.96M, while the lowest revenue estimate was $840M, resulting in an average revenue estimate of $902.69M. In the same quarter a year ago, actual revenue was $456.15MBased on 9 analysts’ estimates, the company’s revenue will be $1.42B in the next fiscal year. The high estimate is $1.85B and the low estimate is $1.14B.

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