2.92 Gain Turns EHang Holdings Ltd ADR (EH) Into A Winning Stock For Investors

EHang Holdings Ltd ADR (NASDAQ:EH) has a beta value of 0.97 and has seen 1.02 million shares traded in the recent trading session. The company, currently valued at $1.19B, closed the recent trade at $27.11 per share which meant it gained $0.77 on the day or 2.92% during that session. The EH stock price is -9.77% off its 52-week high price of $29.76 and 63.08% above the 52-week low of $10.01.

The consensus among analysts is that EHang Holdings Ltd ADR (EH) is Buy stock at the moment, with a recommendation rating of 1.18. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.2.

EHang Holdings Ltd ADR (NASDAQ:EH) trade information

Sporting 2.92% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EH stock price touched $27.11 or saw a rise of 8.9%. Year-to-date, EHang Holdings Ltd ADR shares have moved 72.18%, while the 5-day performance has seen it change 30.90%. Over the past 30 days, the shares of EHang Holdings Ltd ADR (NASDAQ:EH) have changed 74.34%.

Wall Street analysts have a consensus price target for the stock at $21.75, which means that the shares’ value could drop -24.64% from the levels at last check today. The projected low price target is $16.0 while the price target rests at a high of $27.5. In that case, then, we find that the latest price level in today’s session is -1.44% off the targeted high while a plunge would see the stock lose 40.98% from the levels at last check today.

EHang Holdings Ltd ADR (EH) estimates and forecasts

The company’s shares have gained 129.55% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 269.09%.

2 analysts offering their estimates for the company have set an average revenue estimate of 190.33M for the current quarter. 1 have an estimated revenue figure of 140.1M for the next ending quarter. Year-ago sales stood 56.6M and 61.73M respectively for this quarter and the next, and analysts expect sales will grow by 236.26% for the current quarter and 269.09% 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 -24.67% over the past 5 years.

EH Dividends

EHang Holdings Ltd ADR is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

EHang Holdings Ltd ADR (NASDAQ:EH)’s Major holders

The top two institutional holders are AXIM PLANNING & WEALTH with over 4.69 million shares worth more than $63.74 million. As of 2024-06-30, AXIM PLANNING & WEALTH held 3.5684% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 1.54 million shares as of 2024-06-30. The firm’s total holdings are worth over $20.87 million and represent 2.4263% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF and Vanguard International Stock Index-Total Intl Stock Indx. As of Nov 30, 2024, the former fund manager holds about 2.65% shares in the company for having 1.17 shares of worth $31.22 million while later fund manager owns 583.41 shares of worth $15.59 million as of Oct 31, 2024, which makes it owner of about 1.32% of company’s outstanding stock.