Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, ATRenew Inc ADR (NYSE: RERE) closed at $2.59 down -1.15% from its previous closing price of $2.62. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
For a deeper understanding of ATRenew Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.44 and its Current Ratio is at 2.92. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, BofA Securities on July 15, 2021, initiated with a Buy rating and assigned the stock a target price of $20.
On July 14, 2021, Goldman started tracking the stock assigning a Buy rating and target price of $20.80.
Valuation Measures:
As of this moment, ATRenew’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.67, and their Forward P/E ratio for the next fiscal year is 5.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 1.10.
Stock Price History:
Over the past 52 weeks, RERE has reached a high of $3.70, while it has fallen to a 52-week low of $2.00. The 50-Day Moving Average of the stock is -1.77%, while the 200-Day Moving Average is calculated to be -4.44%.
Earnings Estimates
The market rating for ATRenew Inc ADR (RERE) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.63, with high estimates of $0.63 and low estimates of $0.63.
Analysts are recommending an EPS of between $2.43 and $2.43 for the fiscal current year, implying an average EPS of $2.43. EPS for the following year is $4.53, with 1.0 analysts recommending between $4.53 and $4.53.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $4.79B this quarter.It ranges from a high estimate of $4.79B to a low estimate of $4.79B. As of the current estimate, ATRenew Inc ADR’s year-ago sales were $3.78BFor the next quarter, 1 analysts are estimating revenue of $5.23B. There is a high estimate of $5.23B for the next quarter, whereas the lowest estimate is $5.23B.
A total of 1 analysts have provided revenue estimates for RERE’s current fiscal year. The highest revenue estimate was $20.39B, while the lowest revenue estimate was $20.39B, resulting in an average revenue estimate of $20.39B. In the same quarter a year ago, actual revenue was $16.33BBased on 1 analysts’ estimates, the company’s revenue will be $25.29B in the next fiscal year. The high estimate is $25.29B and the low estimate is $25.29B.
