Hesai Group ADR (HSAI) Is A Buy Stock For Small Caps – Analysts

Hesai Group ADR (NASDAQ:HSAI) has a beta value of 2.32 and has seen 2.43 million shares traded in the last trading session. The company, currently valued at $993.89M, closed the last trade at $10.20 per share which meant it lost -$1.03 on the day or -9.17% during that session. The HSAI stock price is -16.27% off its 52-week high price of $11.86 and 67.84% above the 52-week low of $3.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.63 million shares traded. The 3-month trading volume is 1.81 million shares.

The consensus among analysts is that Hesai Group ADR (HSAI) is Buy stock at the moment, with a recommendation rating of 1.43. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 6 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.39.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Hesai Group ADR (NASDAQ:HSAI) trade information

Sporting -9.17% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the HSAI stock price touched $10.20 or saw a rise of 14.0%. Year-to-date, Hesai Group ADR shares have moved 14.48%, while the 5-day performance has seen it change -5.20%. Over the past 30 days, the shares of Hesai Group ADR (NASDAQ:HSAI) have changed 142.28%. Short interest in the company has seen 3.1 million shares shorted with days to cover at 4.41.

Hesai Group ADR (HSAI) estimates and forecasts

Figures show that Hesai Group ADR shares have underperformed across the wider relevant industry. The company’s shares have gained 116.56% over the past 6 months, with this year growth rate of -60.71%, compared to 7.80% for the industry. Revenue growth from the last financial year stood is estimated to be 15.03%.

3 analysts offering their estimates for the company have set an average revenue estimate of 736.95M for the current quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -27.73% over the past 5 years. Earnings growth for 2024 is a modest 78.29% while over the next 5 years, the company’s earnings are expected to increase by 5.29%.

HSAI Dividends

Hesai Group ADR is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF and Northern Lights Fd Tr IV-Main Thematic Innovation ETF . As of Oct 31, 2024 , the former fund manager holds about 1.12% shares in the company for having 1.09 shares of worth $11.1 million while later fund manager owns 197.87 shares of worth $2.02 million as of Jul 31, 2024 , which makes it owner of about 0.20% of company’s outstanding stock.