In the last trading session, 2.69 million EHang Holdings Ltd ADR (NASDAQ:EH) shares changed hands as the company’s beta touched 1.02. With the company’s per share price at $16.65 changed hands at -$1.13 or -6.36% during last session, the market valuation stood at $732.43M. EH’s last price was a discount, traded about -38.02% off its 52-week high of $22.98. The share price had its 52-week low at $9.51, which suggests the last value was 42.88% up since then. When we look at EHang Holdings Ltd ADR’s average trading volume, we note the 10-day average is 2.53 million shares, with the 3-month average coming to 1.51 million.

Analysts gave the EHang Holdings Ltd ADR (EH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.33. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended EH as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. EHang Holdings Ltd ADR’s EPS for the current quarter is expected to be -0.12.

EHang Holdings Ltd ADR (NASDAQ:EH) trade information

Instantly EH was in red as seen at the end of in last trading. With action 5.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -0.89%, with the 5-day performance at 5.58% in the green. However, in the 30-day time frame, EHang Holdings Ltd ADR (NASDAQ:EH) is 41.46% up. Looking at the short shares, we see there were 6.43 million shares sold at short interest cover period of 6.62 days.

The consensus price target for the stock as assigned by Wall Street analysts is 21.75, meaning bulls need an upside of 23.45% from its current market value. According to analyst projections, EH’s forecast low is 16 with 27.5 as the target high. To hit the forecast high, the stock’s price needs a -65.17% plunge from its current level, while the stock would need to tank 3.9% for it to hit the projected low.

EHang Holdings Ltd ADR (EH) estimates and forecasts

Data shows that the EHang Holdings Ltd ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -4.03% over the past 6 months, a 100.00% in annual growth rate that is considerably higher than the industry average of 17.60%. Year-over-year growth is forecast to reach 272.10% up from the last financial year.

Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 16.38M. 3 analysts are of the opinion that EHang Holdings Ltd ADR’s revenue for the current quarter will be 23.8M. The company’s revenue for the corresponding quarters a year ago was 3.92M and 7.97M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 317.60%. The estimates for the next quarter sales put growth at 198.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -24.67%. The 2024 estimates are for EHang Holdings Ltd ADR earnings to decrease by -20.55%.

EH Dividends

EHang Holdings Ltd ADR is expected to release its next quarterly earnings report on 2024-Nov-20.

CARMIGNAC GESTION holds the second largest percentage of outstanding shares, with 2.9779% or 1.89 million shares worth $25.62 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF and Vanguard International Stock Index-Total Intl Stock Indx . With 1.17 shares estimated at $19.54 million under it, the former controlled 2.66% of total outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held about 1.25% of the shares, roughly 549.27 shares worth around $9.15 million.