After finishing at $3.12 in the prior trading day, Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) closed at $3.23, up 3.53%. In other words, the price has increased by $+0.1100 from its previous closing price. On the day, 1126473 shares were traded.
Ratios:
Our goal is to gain a better understanding of KC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.01.
On April 24, 2023, Goldman Downgraded its rating to Sell which previously was Neutral and also upped its target price recommendation from $4 to $5.10.
Citigroup Downgraded its Buy to Neutral on September 07, 2022, whereas the target price for the stock was revised from $8.50 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KC now has a Market Capitalization of 766.70M and an Enterprise Value of 551.37M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.07 whereas that against EBITDA is -0.24.
Stock Price History:
Over the past 52 weeks, KC has reached a high of $10.13, while it has fallen to a 52-week low of $2.45. The 50-Day Moving Average of the stock is 3.0338, while the 200-Day Moving Average is calculated to be 4.7156.
Shares Statistics:
The stock has traded on average 1.36M shares per day over the past 3-months and 874.5k shares per day over the last 10 days, according to various share statistics. A total of 236.14M shares are outstanding, with a floating share count of 236.00M. Insiders hold about 0.06% of the company’s shares, while institutions hold 15.50% stake in the company. Shares short for KC as of Jan 31, 2024 were 8.71M with a Short Ratio of 6.41, compared to 7.84M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.73% and a Short% of Float of 8.06%.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.21, while EPS last year was -$0.32. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.06 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.73 and -$0.87 for the fiscal current year, implying an average EPS of -$0.79. EPS for the following year is -$0.61, with 8 analysts recommending between -$0.35 and -$0.78.
Revenue Estimates
5 analysts predict $247.06M in revenue for the current quarter. It ranges from a high estimate of $275.76M to a low estimate of $233.62M. As of the current estimate, Kingsoft Cloud Holdings Ltd ADR’s year-ago sales were $296.78M, an estimated decrease of -16.80% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $240.64M, a decrease of -7.20% over than the figure of -$16.80% in the same quarter last year. There is a high estimate of $256.87M for the next quarter, whereas the lowest estimate is $215.35M.
A total of 9 analysts have provided revenue estimates for KC’s current fiscal year. The highest revenue estimate was $1.04B, while the lowest revenue estimate was $984.9M, resulting in an average revenue estimate of $994.07M. In the same quarter a year ago, actual revenue was $1.14B, down -12.70% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.09B in the next fiscal year. The high estimate is $1.32B and the low estimate is $986.44M. The average revenue growth estimate for next year is up 9.60% from the average revenue estimate for this year.
