In the latest trading session, 0.54 million DouYu International Holdings Ltd ADR (NASDAQ:DOYU) shares changed hands as the company’s beta touched 1.13. With the company’s most recent per share price at $0.93 changed hands at -$0.03 or -3.34% at last look, the market valuation stands at $297.40M. DOYU’s current price is a discount, trading about -127.96% off its 52-week high of $2.12. The share price had its 52-week low at $0.81, which suggests the last value was 12.9% up since then. When we look at DouYu International Holdings Ltd ADR’s average trading volume, we note the 10-day average is 0.92 million shares, with the 3-month average coming to 465.48K.
Analysts gave the DouYu International Holdings Ltd ADR (DOYU) stock a consensus recommendation rating of an Underweight, calculated at a mean rating of 3.50. If we narrow down to specifics, the data shows that 3 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended DOYU as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. DouYu International Holdings Ltd ADR’s EPS for the current quarter is expected to be $0.03.
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DouYu International Holdings Ltd ADR (NASDAQ:DOYU) trade information
Instantly DOYU was in red as seen in intraday trades today. With action -3.12%, the performance over the past five days has been red. The drop to weekly highs of 1.0100 on Monday, 11/20/23 subtracted -3.34% to the stock’s daily price. The company’s shares are showing year-to-date downside of -33.57%, with the 5-day performance at -3.12% in the red. However, in the 30-day time frame, DouYu International Holdings Ltd ADR (NASDAQ:DOYU) is 6.90% up. Looking at the short shares, we see there were 13.58 million shares sold at short interest cover period of 46.79 days.
The consensus price target for the stock as assigned by Wall Street analysts is $8.59, meaning bulls need an upside of 89.17% from its recent market value. According to analyst projections, DOYU’s forecast low is $6.53 with $15.23 as the target high. To hit the forecast high, the stock’s price needs a -1537.63% plunge from its current level, while the stock would need to soar -602.15% for it to hit the projected low.
DouYu International Holdings Ltd ADR (DOYU) estimates and forecasts
Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for DouYu International Holdings Ltd ADR will rise 200.00%. Year-over-year growth is forecast to reach -25.10% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of $182.62 million. 3 analysts are of the opinion that DouYu International Holdings Ltd ADR’s revenue for the quarter ending Dec 2023 will be $178.44 million. The estimates for the next quarter sales put growth at -25.60%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 33.72%. The 2023 estimates are for DouYu International Holdings Ltd ADR earnings to increase by 141.95%, but the outlook for the next 5-year period is at 36.31% per year.
DOYU Dividends
DouYu International Holdings Ltd ADR is expected to release its next quarterly earnings report between November 23 and November 27.
DouYu International Holdings Ltd ADR (NASDAQ:DOYU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.75% of DouYu International Holdings Ltd ADR shares while 20.02% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 20.80%. There are 20.02% institutions holding the DouYu International Holdings Ltd ADR stock share, with Oasis Management Co Ltd. the top institutional holder. As of Jun 29, 2023, the company held 4.02% of the shares, roughly 12.87 million DOYU shares worth $13.51 million.
Pentwater Capital Management Lp holds the second largest percentage of outstanding shares, with 2.26% or 7.23 million shares worth $7.59 million as of Jun 29, 2023.
Among Mutual Funds, the top two as of Jul 30, 2023 were Vanguard International Stock Index-Emerging Markets Stk and Vanguard International Stock Index-Total Intl Stock Indx. With 2.14 million shares estimated at $2.57 million under it, the former controlled 0.67% of total outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held about 0.59% of the shares, roughly 1.88 million shares worth around $2.25 million.