In the latest session, Hesai Group ADR (NASDAQ: HSAI) closed at $4.64 up 5.69% from its previous closing price of $4.39. In other words, the price has increased by $+0.2500 from its previous closing price. On the day, 938475 shares were traded.
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 2.92 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 582.48M and an Enterprise Value of 186.80M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 0.11 whereas that against EBITDA is -0.34.
Stock Price History:
Over the past 52 weeks, HSAI has reached a high of $17.40, while it has fallen to a 52-week low of $3.28. The 50-Day Moving Average of the stock is 5.3666, while the 200-Day Moving Average is calculated to be 9.0035.
Shares Statistics:
For the past three months, HSAI has traded an average of 832.82K shares per day and 1.8M over the past ten days. A total of 95.50M shares are outstanding, with a floating share count of 78.38M. Insiders hold about 17.93% of the company’s shares, while institutions hold 15.76% stake in the company. Shares short for HSAI as of Feb 29, 2024 were 747.7k with a Short Ratio of 0.90, compared to 536.31k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.60% and a Short% of Float of 0.60%.
Earnings Estimates
There are 1 different market analysts currently analyzing its stock. 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 $0.12, with 4 analysts recommending between $0.22 and $0.03.
Revenue Estimates
A total of 8 analysts have provided revenue estimates for HSAI’s current fiscal year. The highest revenue estimate was $438.39M, while the lowest revenue estimate was $348.44M, resulting in an average revenue estimate of $404.93M. In the same quarter a year ago, actual revenue was $260.8M, up 55.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $569.24M in the next fiscal year. The high estimate is $654.16M and the low estimate is $460.81M. The average revenue growth estimate for next year is up 40.60% from the average revenue estimate for this year.
