In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Hesai Group ADR (NASDAQ: HSAI) closed at $4.68 up 0.43% from its previous closing price of $4.66. In other words, the price has increased by $0.43 from its previous closing price. On the day, 0.5 million shares were traded. HSAI stock price reached its highest trading level at $4.82 during the session, while it also had its lowest trading level at $4.56.
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 2.83 and its Current Ratio is at 3.29. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 596596992 and an Enterprise Value of -2014045440. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at -1.073 whereas that against EBITDA is 4.15.
Stock Price History:
The Beta on a monthly basis for HSAI is 1.50, which has changed by -0.51552796 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, HSAI has reached a high of $13.98, while it has fallen to a 52-week low of $3.28. The 50-Day Moving Average of the stock is 1.34%, while the 200-Day Moving Average is calculated to be -42.45%.
Shares Statistics:
For the past three months, HSAI has traded an average of 892.31K shares per day and 396800 over the past ten days. A total of 97.00M shares are outstanding, with a floating share count of 79.60M. Insiders hold about 17.93% of the company’s shares, while institutions hold 16.38% stake in the company. Shares short for HSAI as of 1713139200 were 2725847 with a Short Ratio of 3.03, compared to 1710460800 on 1624785.
Earnings Estimates
The stock of Hesai Group ADR (HSAI) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.08, while EPS last year was $0. The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.17 and -$0.28 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is $0.11, with 3.0 analysts recommending between $0.22 and $0.03.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $89.54M. There is a high estimate of $89.54M for the next quarter, whereas the lowest estimate is $89.54M.
A total of 7 analysts have provided revenue estimates for HSAI’s current fiscal year. The highest revenue estimate was $435.8M, while the lowest revenue estimate was $346.38M, resulting in an average revenue estimate of $407.4M. In the same quarter a year ago, actual revenue was $259.26MBased on 6 analysts’ estimates, the company’s revenue will be $572.21M in the next fiscal year. The high estimate is $650.3M and the low estimate is $458.09M.
