In recent trading session, VNET Group Inc ADR (NASDAQ:VNET) saw 5.01 million shares changing hands at last check today with its beta currently measuring 0.18. Company’s recent per share price level of $15.92 trading at $1.24 or 8.45% at last check today assigns it a market valuation of $4.17B. That most recent trading price of VNET’s stock is at a discount of -1.32% from its 52-week high price of $16.13 and is indicating a premium of 91.08% from its 52-week low price of $1.42.
For VNET Group Inc ADR (VNET), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.23. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.35 in the current quarter.
VNET Group Inc ADR (NASDAQ:VNET) trade information
Upright in the green today for gaining 8.45%, in the last five days VNET remained trading in the green while hitting it’s week-highest on Thursday, 02/20/25 when the stock touched $15.92 price level, adding 1.3% to its value on the day. VNET Group Inc ADR’s shares saw a change of 235.86% in year-to-date performance and have moved 35.49% in past 5-day. VNET Group Inc ADR (NASDAQ:VNET) showed a performance of 150.31% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6.1 to the stock, which implies a fall of -160.98% to its recent value today. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 7.98. It follows that stock’s current price would jump 74.87% in reaching the projected high whereas dropping to the targeted low would mean a gain of 74.87% for stock’s current value.
VNET Group Inc ADR (VNET) estimates and forecasts
This year revenue growth is estimated to rise 9.12% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.07B for the same.
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 -55.24% during past 5 years.
VNET Group Inc ADR (NASDAQ:VNET)’s Major holders
FIL LTD is the top institutional holder at VNET for having 16.05 million shares of worth $33.62 million. And as of 2024-06-30, it was holding 6.1404 of the company’s outstanding shares.
The second largest institutional holder is BLACKSTONE INC., which was holding about 10.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.9796 of outstanding shares, having a total worth of $21.84 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 1.89 shares of worth $29.16 million or 0.72% of the total outstanding shares. The later fund manager was in possession of 1.65 shares on Oct 31, 2024, making its stake of worth around $25.52 million in the company or a holder of 0.63% of company’s stock.
