MINISO Group Holding Ltd ADR (NYSE:MNSO)’s traded shares stood at 1.13 million during the last session, with the company’s beta value hitting 0.17. At the close of trading, the stock’s price was $17.41, to imply a decrease of -3.55% or -$0.64 in intraday trading. The MNSO share’s 52-week high remains $27.76, putting it -59.45% down since that peak but still an impressive 28.14% since price per share fell to its 52-week low of $12.51. The company has a valuation of $5.41B, with an average of 2.18 million shares in intraday trading volume over the past 10 days and average of 2.71 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for MINISO Group Holding Ltd ADR (MNSO), translating to a mean rating of 1.52. Of 2 analyst(s) looking at the stock, 0 analyst(s) give MNSO a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.31.
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MINISO Group Holding Ltd ADR (NYSE:MNSO) trade information
After registering a -3.55% downside in the last session, MINISO Group Holding Ltd ADR (MNSO) has traded red over the past five days. The 5-day price performance for the stock is 5.77%, and 12.83% over 30 days. With these gigs, the year-to-date price performance is -13.41%. Short interest in MINISO Group Holding Ltd ADR (NYSE:MNSO) saw shorts transact 4.28 million shares and set a 0.97 days time to cover.
The extremes give us $13 and $26.8 for target low and target high price respectively. As such, MNSO has been trading -53.93% off suggested target high and 25.33% from its likely low.
MINISO Group Holding Ltd ADR (MNSO) estimates and forecasts
Revenue is forecast to grow 6.90% this quarter before jumping 26.70% for the next one.
Revenue forecast for the current quarter as set by 5 analysts is 650.03M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 685.62M.Earnings reports from the last fiscal year show that sales brought in 531.55M and 535.22M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 22.30% before jumping 28.10% in the following quarter.
MNSO Dividends
MINISO Group Holding Ltd ADR has its next earnings report out on 2024-Nov-18. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. MINISO Group Holding Ltd ADR has a forward dividend ratio of 0.27, with the share yield ticking at 1.58% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is SCHRODER INVESTMENT MANAGEMENT GROUP with 4.95 million shares, or about 1.5882% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $94.4 million.
We also have VanEck Emerging Markets Fund and Fidelity Strategic Advisers Emerging Markets Fund as the top two Mutual Funds with the largest holdings of the MINISO Group Holding Ltd ADR (MNSO) shares. Going by data provided on Jun 30, 2024 , VanEck Emerging Markets Fund holds roughly 372.0 shares. This is just over 0.12% of the total shares, with a market valuation of $6.48 million. Data from the same date shows that the other fund manager holds a little less at 169.41, or 0.05% of the shares, all valued at about 2.95 million.
