During the last session, Gaotu Techedu Inc ADR (NYSE:GOTU)’s traded shares were 0.75 million, with the beta value of the company hitting 0.02. The 52-week high for the GOTU share is $8.44, that puts it down -174.03 from that peak though still a striking 27.27% gain since the share price plummeted to a 52-week low of $2.24. The company’s market capitalization is $457.38M, and the average intraday trading volume over the past 10 days was 1.74 million shares, and the average trade volume was 2.79 million shares over the past three months.
Gaotu Techedu Inc ADR (GOTU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.78. GOTU has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 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 -0.11.
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Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
The stock’s 5-day price performance is 1.99%, and it has moved by -18.95% in 30 days. Based on these gigs, the overall price performance for the year is 33.33%. The short interest in Gaotu Techedu Inc ADR (NYSE:GOTU) is 9.57 million shares and it means that shorts have 2.44 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.94, which implies a decrease of -4.76% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.94 and $2.94 respectively. As a result, GOTU is trading at a premium of 4.55% off the target high and 4.55% off the low.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
In the rating firms’ projections, revenue will increase 51.70% compared to the previous financial year.
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 170.32M as predicted by 5 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 199.97M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 110.68M and 107.17M respectively. In this case, analysts expect current quarter sales to grow by 53.90% and then jump by 86.60% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 19.99%. While earnings are projected to return -11332.20% in 2024, the next five years will return 16.03% per annum.
GOTU Dividends
Gaotu Techedu Inc ADR is due to release its next quarterly earnings on 2024-Aug-27. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 7.41 million shares, is of MORGAN STANLEY’s that is approximately 2.8648% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $36.29 million.
