During the last session, Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC)’s traded shares were 2.07 million, with the beta value of the company hitting 1.99. At the end of the trading day, the stock’s price was $2.33, reflecting an intraday loss of -4.90% or -$0.12. The 52-week high for the KC share is $5.97, that puts it down -156.22 from that peak though still a striking 3.86% gain since the share price plummeted to a 52-week low of $2.24. The company’s market capitalization is $591.10M, and the average intraday trading volume over the past 10 days was 1.08 million shares, and the average trade volume was 835.04K shares over the past three months.

Kingsoft Cloud Holdings Ltd ADR (KC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.11. KC has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.15.

Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) trade information

Kingsoft Cloud Holdings Ltd ADR (KC) registered a -4.90% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.90% in intraday trading to $2.33, hitting a weekly high. The stock’s 5-day price performance is -7.54%, and it has moved by -6.43% in 30 days. Based on these gigs, the overall price performance for the year is -59.62%. The short interest in Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) is 8.88 million shares and it means that shorts have 12.62 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.1, which implies an increase of 43.17% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.2 and $8.5 respectively. As a result, KC is trading at a discount of -264.81% off the target high and -37.34% off the low.

Kingsoft Cloud Holdings Ltd ADR (KC) estimates and forecasts

Statistics show that Kingsoft Cloud Holdings Ltd ADR has outperformed its competitors in share price, compared to the industry in which it operates. Kingsoft Cloud Holdings Ltd ADR (KC) shares have gone down -18.53% during the last six months, with a year-to-date growth rate more than the industry average at 31.58% against 17.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 21.10% this quarter and then jump 6.70% in the quarter after that. In the rating firms’ projections, revenue will increase 6.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 271.92M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 285.67M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 227.87M and 242.35M respectively. In this case, analysts expect current quarter sales to grow by 19.30% and then jump by 17.90% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -1.55%. While earnings are projected to return 52.45% in 2024, the next five years will return 27.20% per annum.

KC Dividends

Kingsoft Cloud Holdings Ltd ADR is due to release its next quarterly earnings on 2024-Nov-21. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC)’s Major holders

The next largest institutional holding, with 2.34 million shares, is of MORGAN STANLEY’s that is approximately 0.971% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5.87 million.