Gaotu Techedu Inc ADR (GOTU) Suffers From Weak Fundamental Momentum

ZM Stock

Gaotu Techedu Inc ADR (NYSE:GOTU) has a beta value of 0.06 and has seen 0.49 million shares traded in the recent trading session. The company, currently valued at $986.44M, closed the recent trade at $6.67 per share which meant it lost -$0.03 on the day or -0.47% during that session. The GOTU stock price is -26.24% off its 52-week high price of $8.42 and 66.72% above the 52-week low of $2.22. The 3-month trading volume is 5.72 million shares.

Gaotu Techedu Inc ADR (NYSE:GOTU) trade information

Sporting -0.47% in the red today, the stock has traded in the green over the last five days, when the GOTU stock price touched $6.67 or saw a rise of 7.36%. Year-to-date, Gaotu Techedu Inc ADR shares have moved 84.21%, while the 5-day performance has seen it change 2.75%. Over the past 30 days, the shares of Gaotu Techedu Inc ADR (NYSE:GOTU) have changed 1.81%.

Gaotu Techedu Inc ADR (GOTU) estimates and forecasts

The company’s shares have gained 163.57% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 49.50%.

3 analysts offering their estimates for the company have set an average revenue estimate of $132.08 million for the current quarter. 3 have an estimated revenue figure of $143.16 million for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 19.99% over the past 5 years. Earnings growth for 2024 is a modest 617.18% while over the next 5 years, the company’s earnings are expected to increase by 16.03%.

GOTU Dividends

Gaotu Techedu Inc ADR is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.