MINISO Group Holding Ltd ADR (NYSE:MNSO) has a beta value of 0.17 and has seen 0.39 million shares traded in the recent trading session. The company, currently valued at $5.84B, closed the recent trade at $18.79 per share which meant it gained $0.71 on the day or 3.91% during that session. The MNSO stock price is -48.32% off its 52-week high price of $27.87 and 33.42% above the 52-week low of $12.51. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.5 million shares traded. The 3-month trading volume is 2.56 million shares.
The consensus among analysts is that MINISO Group Holding Ltd ADR (MNSO) is Buy stock at the moment, with a recommendation rating of 1.52. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 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 0.32.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
MINISO Group Holding Ltd ADR (NYSE:MNSO) trade information
Sporting 3.91% 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 MNSO stock price touched $18.79 or saw a rise of 2.84%. Year-to-date, MINISO Group Holding Ltd ADR shares have moved -6.56%, while the 5-day performance has seen it change -7.99%. Over the past 30 days, the shares of MINISO Group Holding Ltd ADR (NYSE:MNSO) have changed 21.92%. Short interest in the company has seen 4.28 million shares shorted with days to cover at 0.97.
Wall Street analysts have a consensus price target for the stock at $14.91, which means that the shares’ value could drop -26.02% from the levels at last check today.. The projected low price target is $13.0 while the price target rests at a high of $26.8. In that case, then, we find that the latest price level in today’s session is -42.63% off the targeted high while a plunge would see the stock lose 30.81% from the levels at last check today..
MINISO Group Holding Ltd ADR (MNSO) estimates and forecasts
The company’s shares have lost -9.41% over the past 6 months, compared to 11.90% for the industry.
5 analysts offering their estimates for the company have set an average revenue estimate of 656.52M for the current quarter. 4 have an estimated revenue figure of 695.94M for the next ending quarter.
Earnings growth for 2024 is a modest 54.79% while over the next 5 years, the company’s earnings are expected to increase by 20.33%.
MNSO Dividends
MINISO Group Holding Ltd ADR is expected to release its next earnings report on 2024-Nov-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.27 at a share yield of 1.46%. The company’s dividend yield has gone up over the past 12 months.
MINISO Group Holding Ltd ADR (NYSE:MNSO)’s Major holders
The top two institutional holders are KEYWISE CAPITAL MANAGEMENT (HK) LTD with over 5.19 million shares worth more than $98.92 million. As of 2024-06-30, KEYWISE CAPITAL MANAGEMENT (HK) LTD held 1.6643% of shares outstanding.
The other major institutional holder is SCHRODER INVESTMENT MANAGEMENT GROUP, with the holding of over 4.95 million shares as of 2024-06-30. The firm’s total holdings are worth over $94.4 million and represent 1.5882% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck Emerging Markets Fund and Fidelity Strategic Advisers Emerging Markets Fund . As of Jun 30, 2024 , the former fund manager holds about 0.12% shares in the company for having 372.0 shares of worth $6.89 million while later fund manager owns 169.41 shares of worth $3.14 million as of Aug 31, 2024 , which makes it owner of about 0.05% of company’s outstanding stock.
