Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, VNET Group Inc ADR’s stock clocked out at $1.49, up 1.36% from its previous closing price of $1.47. In other words, the price has increased by $1.36 from its previous closing price. On the day, 0.79 million shares were traded. VNET stock price reached its highest trading level at $1.515 during the session, while it also had its lowest trading level at $1.455.
Ratios:
To gain a deeper understanding of VNET’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 1.88.
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 the company, BofA Securities on March 19, 2024, Upgraded its rating to Buy and sets its target price to $2.70 from $3.90 previously.
HSBC Securities Downgraded its Buy to Hold on June 12, 2023, whereas the target price for the stock was revised from $6.60 to $2.90.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VNET now has a Market Capitalization of 383472352 and an Enterprise Value of 16446473216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 2.219 whereas that against EBITDA is 9.858.
Stock Price History:
The Beta on a monthly basis for VNET is -0.27, which has changed by -0.48442906 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, VNET has reached a high of $3.88, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is -10.34%, while the 200-Day Moving Average is calculated to be -41.83%.
Shares Statistics:
It appears that VNET traded 2.03M shares on average per day over the past three months and 838130 shares per day over the past ten days. A total of 252.23M shares are outstanding, with a floating share count of 228.71M. Insiders hold about 9.33% of the company’s shares, while institutions hold 23.51% stake in the company. Shares short for VNET as of 1711584000 were 8532726 with a Short Ratio of 4.20, compared to 1709164800 on 8890652. Therefore, it implies a Short% of Shares Outstanding of 8532726 and a Short% of Float of 3.32.
Earnings Estimates
The dynamic stock of VNET Group Inc ADR (VNET) is currently attracting attention from 1 analysts actively involved in rating its market status.On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.02, while EPS last year was $0.06. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.12 and -$0.15 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is -$0.1, with 2 analysts recommending between -$0.04 and -$0.17.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $263.13M. It ranges from a high estimate of $266.48M to a low estimate of $259.78M. As of the current estimate, VNET Group Inc ADR’s year-ago sales were $249.56M, an estimated increase of 5.40% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $268.64M, an increase of 2.40% less than the figure of $5.40% in the same quarter last year. There is a high estimate of $271.14M for the next quarter, whereas the lowest estimate is $266.13M.
A total of 5 analysts have provided revenue estimates for VNET’s current fiscal year. The highest revenue estimate was $1.1B, while the lowest revenue estimate was $1.08B, resulting in an average revenue estimate of $1.09B. In the same quarter a year ago, actual revenue was $1.02B, up 6.80% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.19B in the next fiscal year. The high estimate is $1.2B and the low estimate is $1.16B. The average revenue growth estimate for next year is up 9.10% from the average revenue estimate for this year.
