In last trading session, Gaotu Techedu Inc ADR (NYSE:GOTU) saw 1.32 million shares changing hands with its beta currently measuring 0.06. Company’s recent per share price level of $2.23 trading at -$0.11 or -4.70% at ring of the bell on the day assigns it a market valuation of $321.97M. That closing price of GOTU’s stock is at a discount of -278.48% from its 52-week high price of $8.44 and is indicating a premium of 16.14% from its 52-week low price of $1.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.14 million shares which gives us an average trading volume of 1.80 million if we extend that period to 3-months.
For Gaotu Techedu Inc ADR (GOTU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.70. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.56 in the current quarter.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Upright in the red during last session for losing -4.70%, in the last five days GOTU remained trading in the green while hitting it’s week-highest on Wednesday, 01/29/25 when the stock touched $2.23 price level, adding 5.51% to its value on the day. Gaotu Techedu Inc ADR’s shares saw a change of 1.83% in year-to-date performance and have moved 18.62% in past 5-day. Gaotu Techedu Inc ADR (NYSE:GOTU) showed a performance of -3.88% in past 30-days. Number of shares sold short was 8.63 million shares which calculate 5.04 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2.94 to the stock, which implies a rise of 24.15% to its current value. Analysts have been projecting 2.94 as a low price target for the stock while placing it at a high target of 2.94. It follows that stock’s current price would drop -31.84% in reaching the projected high whereas dropping to the targeted low would mean a loss of -31.84% for stock’s current value.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
This year revenue growth is estimated to rise 50.41% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.3B for the same. And 2 analysts are in estimates of company making revenue of 1.24B in the next quarter. Company posted 761.01M and 946.88M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.99% during past 5 years.
Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders
GOLDMAN SACHS GROUP INC is the top institutional holder at GOTU for having 7.73 million shares of worth $37.85 million. And as of 2024-06-30, it was holding 2.9885 of the company’s outstanding shares.
The second largest institutional holder is MORGAN STANLEY, which was holding about 7.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.8648 of outstanding shares, having a total worth of $36.29 million.
On the other hand, Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 1.96 shares of worth $4.36 million or 1.36% of the total outstanding shares. The later fund manager was in possession of 1.87 shares on Oct 31, 2024 , making its stake of worth around $4.17 million in the company or a holder of 1.30% of company’s stock.