In last trading session, Gaotu Techedu Inc ADR (NYSE:GOTU) saw 2.78 million shares changing hands with its beta currently measuring -0.02. Company’s recent per share price level of $3.15 trading at -$0.09 or -2.78% at ring of the bell on the day assigns it a market valuation of $467.78M. That closing price of GOTU’s stock is at a discount of -167.94% from its 52-week high price of $8.44 and is indicating a premium of 29.52% from its 52-week low price of $2.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.99 million shares which gives us an average trading volume of 2.65 million if we extend that period to 3-months.
For Gaotu Techedu Inc ADR (GOTU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.78. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.11 in the current quarter.
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Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Upright in the red during last session for losing -2.78%, in the last five days GOTU remained trading in the red while hitting it’s week-highest on Friday, 10/11/24 when the stock touched $3.15 price level, adding 17.54% to its value on the day. Gaotu Techedu Inc ADR’s shares saw a change of -12.98% in year-to-date performance and have moved -15.09% in past 5-day. Gaotu Techedu Inc ADR (NYSE:GOTU) showed a performance of 19.77% in past 30-days. Number of shares sold short was 9.66 million shares which calculate 3.14 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2.94 to the stock, which implies a fall of -7.14% to its current value. Analysts have been projecting 2.94 as a low price target for the stock while placing it at a high target of 2.94. It follows that stock’s current price would jump 6.67% in reaching the projected high whereas dropping to the targeted low would mean a gain of 6.67% for stock’s current value.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
This year revenue growth is estimated to rise 51.70% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 170.34M for the same. And 3 analysts are in estimates of company making revenue of 200M in the next quarter. Company posted 110.68M and 107.17M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.99% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -11337.82% while estimates for its earnings growth in next 5 years are of 16.03%.
Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders
GOLDMAN SACHS GROUP INC is the top institutional holder at GOTU for having 7.73 million shares of worth $37.85 million. And as of 2024-06-30, it was holding 2.9885 of the company’s outstanding shares.
The second largest institutional holder is MORGAN STANLEY, which was holding about 7.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.8648 of outstanding shares, having a total worth of $36.29 million.
