NIO Inc ADR (NYSE:NIO) has a beta value of 1.68 and has seen 7.56 million shares traded in the recent trading session. The company, currently valued at $8.21B, closed the recent trade at $4.27 per share which meant it lost -$0.05 on the day or -1.16% during that session. The NIO stock price is -80.56% off its 52-week high price of $7.71 and 15.46% above the 52-week low of $3.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 38.45 million shares traded. The 3-month trading volume is 49.74 million shares.
The consensus among analysts is that NIO Inc ADR (NIO) is Buy stock at the moment, with a recommendation rating of 2.16. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 8 out of 21 have rated it as a Hold, with 12 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -2.32.
NIO Inc ADR (NYSE:NIO) trade information
Sporting -1.16% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NIO stock price touched $4.27 or saw a rise of 3.39%. Year-to-date, NIO Inc ADR shares have moved -2.06%, while the 5-day performance has seen it change -0.23%. Over the past 30 days, the shares of NIO Inc ADR (NYSE:NIO) have changed -8.96%. Short interest in the company has seen 186.92 million shares shorted with days to cover at 2.42.
Wall Street analysts have a consensus price target for the stock at $6.35, which means that the shares’ value could jump 32.76% from the levels at last check today. The projected low price target is $5.0 while the price target rests at a high of $8.0. In that case, then, we find that the latest price level in today’s session is -87.35% off the targeted high while a plunge would see the stock gain -17.1% from the levels at last check today.
NIO Inc ADR (NIO) estimates and forecasts
Figures show that NIO Inc ADR shares have outperformed across the wider relevant industry. The company’s shares have lost -2.73% over the past 6 months, with this year growth rate of 18.86%, compared to -9.80% for the industry. Revenue growth from the last financial year stood is estimated to be 23.08%.
5 analysts offering their estimates for the company have set an average revenue estimate of 20.17B for the current quarter. 3 have an estimated revenue figure of 17.81B for the next ending quarter. Year-ago sales stood 17.1B and 9.91B respectively for this quarter and the next, and analysts expect sales will grow by 17.95% for the current quarter and 23.08% 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 30.22% over the past 5 years. Earnings growth for 2025 is a modest 12.34% while over the next 5 years, the company’s earnings are expected to increase by 23.38%.
NIO Dividends
NIO 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.
NIO Inc ADR (NYSE:NIO)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 60.47 million shares worth more than $251.55 million. As of 2024-06-30, BLACKROCK INC. held 2.9581% of shares outstanding.
The other major institutional holder is STATE STREET CORP, with the holding of over 21.94 million shares as of 2024-06-30. The firm’s total holdings are worth over $91.27 million and represent 1.0733% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are SPDR Portfolio Emerging Markets ETF and Global X Fds-Global X Autonomous & Electric Vehicles ETF. As of Oct 31, 2024, the former fund manager holds about 0.10% shares in the company for having 1.62 shares of worth $7.0 million while later fund manager owns 1.06 shares of worth $4.57 million as of Nov 30, 2024, which makes it owner of about 0.07% of company’s outstanding stock.
