During the last session, EHang Holdings Ltd ADR (NASDAQ:EH)’s traded shares were 6.69 million, with the beta value of the company hitting 0.96. At the end of the trading day, the stock’s price was $13.14, reflecting an intraday loss of -14.01% or -$2.14. The 52-week high for the EH share is $22.98, that puts it down -74.89 from that peak though still a striking 27.63% gain since the share price plummeted to a 52-week low of $9.51. The company’s market capitalization is $578.03M, and the average intraday trading volume over the past 10 days was 2.12 million shares, and the average trade volume was 1.90 million shares over the past three months.
EHang Holdings Ltd ADR (EH) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.29. EH has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 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 -0.4.
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EHang Holdings Ltd ADR (NASDAQ:EH) trade information
EHang Holdings Ltd ADR (EH) registered a -14.01% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -14.01% in intraday trading to $13.14, hitting a weekly high. The stock’s 5-day price performance is -20.75%, and it has moved by -21.55% in 30 days. Based on these gigs, the overall price performance for the year is -14.62%. The short interest in EHang Holdings Ltd ADR (NASDAQ:EH) is 5.85 million shares and it means that shorts have 2.12 day(s) to cover.
The consensus price target of analysts on Wall Street is $21.75, which implies an increase of 39.59% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $16 and $27.5 respectively. As a result, EH is trading at a discount of -109.28% off the target high and -21.77% off the low.
EHang Holdings Ltd ADR (EH) estimates and forecasts
Statistics show that EHang Holdings Ltd ADR has outperformed its competitors in share price, compared to the industry in which it operates. EHang Holdings Ltd ADR (EH) shares have gone down -16.68% during the last six months, with a year-to-date growth rate more than the industry average at 100.00% against 22.70. In the rating firms’ projections, revenue will increase 267.42% 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 143.31M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 148.72M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 56.6M and 61.73M respectively. In this case, analysts expect current quarter sales to grow by 153.19% and then jump by 140.93% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -24.67%. While earnings are projected to return -21.30% in 2024.
EH Dividends
EHang Holdings Ltd ADR is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
EHang Holdings Ltd ADR (NASDAQ:EH)’s Major holders
The next largest institutional holding, with 1.89 million shares, is of CARMIGNAC GESTION’s that is approximately 2.9779% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $25.62 million.
Also, the Mutual Funds coming in first place with the largest holdings of EHang Holdings Ltd ADR (EH) shares are SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF and Vanguard International Stock Index-Total Intl Stock Indx. Data provided on Sep 30, 2024 indicates that SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF owns about 1.17 shares. This amounts to just over 2.66 percent of the company’s overall shares, with a $15.75 million market value. The same data shows that the other fund manager holds slightly less at 549.27, or about 1.25% of the stock, which is worth about $7.37 million.
