Gaotu Techedu Inc ADR (GOTU) Is A Buy According To Analysts

Gaotu Techedu Inc ADR (NYSE:GOTU) has a beta value of -0.00 and has seen 0.68 million shares traded in the recent trading session. The company, currently valued at $741.87M, closed the recent trade at $5.01 per share which meant it gained $0.15 on the day or 3.19% during that session. The GOTU stock price is -68.46% off its 52-week high price of $8.44 and 55.69% above the 52-week low of $2.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.19 million shares traded. The 3-month trading volume is 2.18 million shares.

The consensus among analysts is that Gaotu Techedu Inc ADR (GOTU) is Buy stock at the moment, with a recommendation rating of 1.30. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

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Gaotu Techedu Inc ADR (NYSE:GOTU) trade information

Sporting 3.19% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GOTU stock price touched $5.01 or saw a rise of 5.83%. Year-to-date, Gaotu Techedu Inc ADR shares have moved 38.54%, while the 5-day performance has seen it change -1.28%. Over the past 30 days, the shares of Gaotu Techedu Inc ADR (NYSE:GOTU) have changed 3.40%. Short interest in the company has seen 8.8 million shares shorted with days to cover at 4.53.

Gaotu Techedu Inc ADR (GOTU) estimates and forecasts

The company’s shares have gained 52.90% over the past 6 months.

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 -4250.41% 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 August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders

Investors are also buoyed by the number of investors in a company, with Gaotu Techedu Inc ADR top two institutional holders are VANGUARD GROUP INC with over 5.48 million shares worth more than $35.9 million. As of 2024-03-31, VANGUARD GROUP INC held 2.0926% of shares outstanding.

The other major institutional holder is GOLDMAN SACHS GROUP INC, with the holding of over 5.37 million shares as of 2024-03-31. The firm’s total holdings are worth over $35.15 million and represent 2.0486% of shares outstanding.