EHang Holdings Ltd ADR (EH) Is A Bargain Stock You Should Check Out

EHang Holdings Ltd ADR (NASDAQ:EH) has a beta value of 1.04 and has seen 2.15 million shares traded in the recent trading session. The company, currently valued at $521.28M, closed the recent trade at $11.85 per share which meant it lost -$1.79 on the day or -13.12% during that session. The EH stock price is -117.55% off its 52-week high price of $25.78 and 19.75% above the 52-week low of $9.51. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.43 million shares traded. The 3-month trading volume is 890.24K shares.

The consensus among analysts is that EHang Holdings Ltd ADR (EH) is Buy stock at the moment, with a recommendation rating of 1.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.12.

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EHang Holdings Ltd ADR (NASDAQ:EH) trade information

Sporting -13.12% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the EH stock price touched $11.85 or saw a rise of 21.37%. Year-to-date, EHang Holdings Ltd ADR shares have moved -29.46%, while the 5-day performance has seen it change -19.77%. Over the past 30 days, the shares of EHang Holdings Ltd ADR (NASDAQ:EH) have changed 2.24%. Short interest in the company has seen 5.9 million shares shorted with days to cover at 7.17.

Wall Street analysts have a consensus price target for the stock at $21.75, which means that the shares’ value could jump 45.52% from the levels at last check today. The projected low price target is $16.0 while the price target rests at a high of $27.5. In that case, then, we find that the latest price level in today’s session is -132.07% off the targeted high while a plunge would see the stock gain -35.02% from the levels at last check today.

EHang Holdings Ltd ADR (EH) estimates and forecasts

Figures show that EHang Holdings Ltd ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 12.00% over the past 6 months, with this year growth rate of 100.00%, compared to 21.40% for the industry. Revenue growth from the last financial year stood is estimated to be 269.20%.

3 analysts offering their estimates for the company have set an average revenue estimate of 16.28M for the current quarter. 3 have an estimated revenue figure of 23.65M for the next ending quarter. Year-ago sales stood 3.92M and 7.97M respectively for this quarter and the next, and analysts expect sales will grow by 315.10% for the current quarter and 269.20% for the next.

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 -24.67% over the past 5 years.

EH Dividends

EHang Holdings Ltd ADR is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

EHang Holdings Ltd ADR (NASDAQ:EH)’s Major holders

The top two institutional holders are AXIM PLANNING & WEALTH with over 4.69 million shares worth more than $63.74 million. As of 2024-06-30, AXIM PLANNING & WEALTH held 7.4091% of shares outstanding.

The other major institutional holder is CARMIGNAC GESTION, with the holding of over 1.89 million shares as of 2024-06-30. The firm’s total holdings are worth over $25.62 million and represent 2.9779% of shares outstanding.