Gaotu Techedu Inc ADR (NYSE:GOTU) has a beta value of 0.06 and has seen 0.51 million shares traded in the recent trading session. The company, currently valued at $323.41M, closed the recent trade at $2.24 per share which meant it lost -$0.1 on the day or -4.27% during that session. The GOTU stock price is -276.79% off its 52-week high price of $8.44 and 16.52% above the 52-week low of $1.87. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.14 million shares traded. The 3-month trading volume is 1.80 million shares.
The consensus among analysts is that Gaotu Techedu Inc ADR (GOTU) is Buy stock at the moment, with a recommendation rating of 1.70. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.56.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Sporting -4.27% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GOTU stock price touched $2.24 or saw a rise of 5.08%. Year-to-date, Gaotu Techedu Inc ADR shares have moved 2.28%, while the 5-day performance has seen it change 19.15%. Over the past 30 days, the shares of Gaotu Techedu Inc ADR (NYSE:GOTU) have changed -3.45%. Short interest in the company has seen 8.63 million shares shorted with days to cover at 5.04.
Wall Street analysts have a consensus price target for the stock at $2.94, which means that the shares’ value could jump 23.81% from the levels at last check today. The projected low price target is $2.94 while the price target rests at a high of $2.94. In that case, then, we find that the latest price level in today’s session is -31.25% off the targeted high while a plunge would see the stock gain -31.25% from the levels at last check today.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
The company’s shares have lost -54.93% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 50.41%.
3 analysts offering their estimates for the company have set an average revenue estimate of 1.3B for the current quarter. 2 have an estimated revenue figure of 1.24B for the next ending quarter. Year-ago sales stood 761.01M and 946.88M respectively for this quarter and the next, and analysts expect sales will grow by 70.71% for the current quarter and 50.41% for the next.
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 19.99% over the past 5 years.
GOTU Dividends
Gaotu Techedu Inc ADR is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders
The top two institutional holders are GOLDMAN SACHS GROUP INC with over 7.73 million shares worth more than $37.85 million. As of 2024-06-30, GOLDMAN SACHS GROUP INC held 2.9885% of shares outstanding.
The other major institutional holder is MORGAN STANLEY, with the holding of over 7.41 million shares as of 2024-06-30. The firm’s total holdings are worth over $36.29 million and represent 2.8648% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk. As of Oct 31, 2024, the former fund manager holds about 1.36% shares in the company for having 1.96 shares of worth $4.41 million while later fund manager owns 1.87 shares of worth $4.22 million as of Oct 31, 2024, which makes it owner of about 1.30% of company’s outstanding stock.
