In the last trading session, 1.06 million shares of the Youdao Inc ADR (NYSE:DAO) were traded, and its beta was 0.38. Most recently the company’s share price was $11.10, and it changed around $3.27 or 41.76% from the last close, which brings the market valuation of the company to $346.65M. DAO currently trades at a discount to its 52-week high of $9.22, offering almost 16.94% off that amount. The share price’s 52-week low was $2.86, which indicates that the current value has risen by an impressive 74.23% since then. We note from Youdao Inc ADR’s average daily trading volume that its 10-day average is 0.13 million shares, with the 3-month average coming to 124.01K.
Youdao Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.25. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended DAO as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Youdao Inc ADR is expected to report earnings per share of 0 for the current quarter.
Youdao Inc ADR (NYSE:DAO) trade information
Instantly DAO has showed a green trend with a performance of 41.76% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.82 on recent trading dayincreased the stock’s daily price by 6.09%. The company’s shares are currently up 50.00% year-to-date, but still up 37.89% over the last five days. On the other hand, Youdao Inc ADR (NYSE:DAO) is 63.00% up in the 30-day period. We can see from the shorts that 0.18 million shares have been sold at a short interest cover period of 0.94 day(s).
The consensus price target as assigned by Wall Street analysts is $6.5, which translates to bulls needing to decrease their stock price by -70.77% from its current value. Analyst projections state that DAO is forecast to be at a low of $6.5 and a high of $6.5.
Youdao Inc ADR (DAO) estimates and forecasts
The year-over-year growth rate is expected to be 6.42%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 1.46B in revenue for the current quarter. 2 analysts expect Youdao Inc ADR to make 1.47B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.48B and 1.39B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -1.65%. Forecasts for the next quarter put sales growth at 5.79%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -14.78%.
DAO Dividends
Youdao Inc ADR’s next quarterly earnings report is expected to be released in March.
NETEASE, INC., with 2.4496% or 2.9 million shares worth $11.36 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
