During the last session, MINISO Group Holding Ltd ADR (NYSE:MNSO)’s traded shares were 2.21 million, with the beta value of the company hitting 0.17. At the end of the trading day, the stock’s price was $18.52, reflecting an intraday gain of 2.26% or $0.41. The 52-week high for the MNSO share is $27.87, that puts it down -50.49 from that peak though still a striking 32.45% gain since the share price plummeted to a 52-week low of $12.51. The company’s market capitalization is $5.75B, and the average intraday trading volume over the past 10 days was 4.97 million shares, and the average trade volume was 2.53 million shares over the past three months.

MINISO Group Holding Ltd ADR (MNSO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.52. MNSO has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 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 0.32.

MINISO Group Holding Ltd ADR (NYSE:MNSO) trade information

MINISO Group Holding Ltd ADR (MNSO) registered a 2.26% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.26% in intraday trading to $18.52, hitting a weekly high. The stock’s 5-day price performance is -2.32%, and it has moved by 12.31% in 30 days. Based on these gigs, the overall price performance for the year is -27.70%. The short interest in MINISO Group Holding Ltd ADR (NYSE:MNSO) is 4.28 million shares and it means that shorts have 0.97 day(s) to cover.

The consensus price target of analysts on Wall Street is $14.91, which implies a decrease of -24.21% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13 and $26.8 respectively. As a result, MNSO is trading at a discount of -44.71% off the target high and 29.81% off the low.

MINISO Group Holding Ltd ADR (MNSO) estimates and forecasts

Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 10.30% this quarter and then jump 26.70% in the quarter after that.

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 655.14M as predicted by 5 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 694.48M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 531.55M and 535.22M respectively. In this case, analysts expect current quarter sales to grow by 23.30% and then jump by 29.80% in the coming quarter.

While earnings are projected to return 55.09% in 2024, the next five years will return 20.33% per annum.

MNSO Dividends

MINISO Group Holding Ltd ADR is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for MINISO Group Holding Ltd ADR is 0.27, with the dividend yield indicating at 1.48 percent, continuing the trend of increasing dividends in recent years.

The next largest institutional holding, with 4.95 million shares, is of SCHRODER INVESTMENT MANAGEMENT GROUP’s that is approximately 1.5882% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $94.4 million.