In last trading session, Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) saw 5.82 million shares changing hands with its beta currently measuring 2.32. Company’s recent per share price level of $20.17 trading at $0.84 or 4.35% at ring of the bell on the day assigns it a market valuation of $5.12B. That closing price of KC’s stock is at a discount of -7.54% from its 52-week high price of $21.69 and is indicating a premium of 89.99% from its 52-week low price of $2.02.
For Kingsoft Cloud Holdings Ltd ADR (KC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.45. Splitting up the data highlights that, out of 3 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 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.82 in the current quarter.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) trade information
Upright in the green during last session for gaining 4.35%, in the last five days KC remained trading in the green while hitting it’s week-highest on Thursday, 02/20/25 when the stock touched $20.17 price level, adding 9.39% to its value on the day. Kingsoft Cloud Holdings Ltd ADR’s shares saw a change of 92.28% in year-to-date performance and have moved 11.99% in past 5-day. Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) showed a performance of 111.20% in past 30-days.
Wall Street analysts have assigned a consensus price target of 3.2 to the stock, which implies a fall of -530.31% to its current value. Analysts have been projecting 3.2 as a low price target for the stock while placing it at a high target of 3.2. It follows that stock’s current price would jump 84.13% in reaching the projected high whereas dropping to the targeted low would mean a gain of 84.13% for stock’s current value.
Kingsoft Cloud Holdings Ltd ADR (KC) estimates and forecasts
This year revenue growth is estimated to rise 8.29% 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 2.11B for the same. And 2 analysts are in estimates of company making revenue of 1.83B in the next quarter. Company posted 1.72B and 1.78B 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 -1.55% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 12.97% while estimates for its earnings growth in next 5 years are of 45.31%.
Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC)’s Major holders
MORGAN STANLEY is the top institutional holder at KC for having 2.34 million shares of worth $5.87 million. And as of 2024-06-30, it was holding 0.971 of the company’s outstanding shares.
The second largest institutional holder is CANADA PENSION PLAN INVESTMENT BOARD, which was holding about 20.7 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.5672 of outstanding shares, having a total worth of $51.96 million.
On the other hand, Global X Fds-Global X Cloud Computing ETF and Artisan Sustainable Emerging Markets Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 343.77 shares of worth $6.93 million or 0.14% of the total outstanding shares. The later fund manager was in possession of 99.9 shares on Sep 30, 2024 , making its stake of worth around $2.02 million in the company or a holder of 0.04% of company’s stock.