In the latest session, Dada Nexus Ltd ADR (NASDAQ: DADA) closed at $2.31 down -3.35% from its previous closing price of $2.39. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 1411492 shares were traded.
Ratios:
For a deeper understanding of Dada Nexus Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.26 and its Current Ratio is at 3.26. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, New Street on March 06, 2024, Downgraded its rating to Neutral and sets its target price to $2 from $15 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DADA now has a Market Capitalization of 605.25M and an Enterprise Value of 86.17M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 0.01 whereas that against EBITDA is -0.06.
Stock Price History:
Over the past 52 weeks, DADA has reached a high of $8.92, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 2.0743, while the 200-Day Moving Average is calculated to be 3.9348.
Shares Statistics:
For the past three months, DADA has traded an average of 3.57M shares per day and 1.46M over the past ten days. A total of 255.48M shares are outstanding, with a floating share count of 254.93M. Insiders hold about 2.70% of the company’s shares, while institutions hold 21.35% stake in the company. Shares short for DADA as of Feb 29, 2024 were 3.91M with a Short Ratio of 1.10, compared to 2.65M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.49% and a Short% of Float of 3.22%.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.08, while EPS last year was -$0.1. The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.03.
Analysts are recommending an EPS of between -$0.01 and -$0.11 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0.28, with 6 analysts recommending between $0.35 and $0.16.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $430.44M this quarter.It ranges from a high estimate of $439.41M to a low estimate of $402.29M. As of the current estimate, Dada Nexus Ltd ADR’s year-ago sales were $387.91M, an estimated increase of 11.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $401.33M, an increase of 12.50% over than the figure of $11.00% in the same quarter last year. There is a high estimate of $420.05M for the next quarter, whereas the lowest estimate is $368.44M.
A total of 15 analysts have provided revenue estimates for DADA’s current fiscal year. The highest revenue estimate was $1.58B, while the lowest revenue estimate was $1.48B, resulting in an average revenue estimate of $1.56B. In the same quarter a year ago, actual revenue was $1.36B, up 15.20% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $1.84B in the next fiscal year. The high estimate is $1.95B and the low estimate is $1.66B. The average revenue growth estimate for next year is up 17.80% from the average revenue estimate for this year.
