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In the latest session, Hesai Group ADR (NASDAQ: HSAI) closed at $4.61 up 0.66% from its previous closing price of $4.58. In other words, the price has increased by $0.66 from its previous closing price. On the day, 0.53 million shares were traded. HSAI stock price reached its highest trading level at $4.62 during the session, while it also had its lowest trading level at $4.47.
Ratios:
For a deeper understanding of Hesai Group ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.84 and its Current Ratio is at 3.33. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.11.
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, Citigroup on September 26, 2023, initiated with a Buy rating and assigned the stock a target price of $12.90.
On September 22, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $14.80.
Goldman Downgraded its Buy to Neutral on August 18, 2023, whereas the target price for the stock was revised from $25 to $12.40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HSAI now has a Market Capitalization of 587673600 and an Enterprise Value of -1635574400. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.78 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at -0.906 whereas that against EBITDA is 3.354.
Stock Price History:
Over the past 52 weeks, HSAI has reached a high of $13.70, while it has fallen to a 52-week low of $3.28. The 50-Day Moving Average of the stock is -0.91%, while the 200-Day Moving Average is calculated to be -27.41%.
Shares Statistics:
For the past three months, HSAI has traded an average of 501.59K shares per day and 493280 over the past ten days. A total of 97.00M shares are outstanding, with a floating share count of 80.10M. Insiders hold about 17.42% of the company’s shares, while institutions hold 11.86% stake in the company. Shares short for HSAI as of 1721001600 were 2145655 with a Short Ratio of 4.28, compared to 1718323200 on 2301217. Therefore, it implies a Short% of Shares Outstanding of 2145655 and a Short% of Float of 1.8800000000000001.
Earnings Estimates
The firm’s stock currently is rated by 1.0 analysts. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.06, while EPS last year was -$0.04. The consensus estimate for the next quarter is $0.05, with high estimates of $0.05 and low estimates of $0.05.
Analysts are recommending an EPS of between -$0.02 and -$0.33 for the fiscal current year, implying an average EPS of -$0.24. EPS for the following year is $0.09, with 4.0 analysts recommending between $0.18 and -$0.01.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $65.22M this quarter.It ranges from a high estimate of $65.22M to a low estimate of $65.22M. As of the current estimate, Hesai Group ADR’s year-ago sales were $60.34MFor the next quarter, 1 analysts are estimating revenue of $100.06M. There is a high estimate of $100.06M for the next quarter, whereas the lowest estimate is $100.06M.
A total of 5 analysts have provided revenue estimates for HSAI’s current fiscal year. The highest revenue estimate was $381.13M, while the lowest revenue estimate was $359.29M, resulting in an average revenue estimate of $369.09M. In the same quarter a year ago, actual revenue was $263.72MBased on 5 analysts’ estimates, the company’s revenue will be $532.32M in the next fiscal year. The high estimate is $582.23M and the low estimate is $413.85M.
