In the last trading session, 1.82 million Gaotu Techedu Inc ADR (NYSE:GOTU) shares changed hands as the company’s beta touched 0.20. With the company’s per share price at $2.29 changed hands at $0.15 or 7.01% during last session, the market valuation stood at $330.63M. GOTU’s last price was a discount, traded about -268.56% off its 52-week high of $8.44. The share price had its 52-week low at $1.87, which suggests the last value was 18.34% up since then. When we look at Gaotu Techedu Inc ADR’s average trading volume, we note the 10-day average is 2.1 million shares, with the 3-month average coming to 1.84 million.
Analysts gave the Gaotu Techedu Inc ADR (GOTU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.70. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GOTU as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Gaotu Techedu Inc ADR’s EPS for the current quarter is expected to be -0.56.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Instantly GOTU was in green as seen at the end of in last trading. With action -2.14%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 4.57%, with the 5-day performance at -2.14% in the red. However, in the 30-day time frame, Gaotu Techedu Inc ADR (NYSE:GOTU) is 5.53% up. Looking at the short shares, we see there were 8.63 million shares sold at short interest cover period of 5.04 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.94, meaning bulls need an upside of 22.11% from its current market value. According to analyst projections, GOTU’s forecast low is 2.94 with 2.94 as the target high. To hit the forecast high, the stock’s price needs a -28.38% plunge from its current level, while the stock would need to soar -28.38% for it to hit the projected low.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
Year-over-year growth is forecast to reach 50.41% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 1.3B. 2 analysts are of the opinion that Gaotu Techedu Inc ADR’s revenue for the current quarter will be 1.24B. The company’s revenue for the corresponding quarters a year ago was 761.01M and 946.88M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 70.71%. The estimates for the next quarter sales put growth at 31.11%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 19.99%. The 2025 estimates are for Gaotu Techedu Inc ADR earnings to decrease by -15182.16%.
Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders
MORGAN STANLEY holds the second largest percentage of outstanding shares, with 2.8648% or 7.41 million shares worth $36.29 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk. With 1.96 shares estimated at $4.48 million under it, the former controlled 1.36% of total outstanding shares. On the other hand, Vanguard International Stock Index-Emerging Markets Stk held about 1.30% of the shares, roughly 1.87 shares worth around $4.28 million.
