In the latest trading session, 0.86 million Gaotu Techedu Inc ADR (NYSE:GOTU) shares changed hands as the company’s beta touched 0.17. With the company’s most recent per share price at $2.49 changed hands at -$0.18 or -6.55% at last look, the market valuation stands at $360.23M. GOTU’s current price is a discount, trading about -238.96% 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 24.9% up since then.
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 red as seen in intraday trades today. With action -7.93%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 13.93%, with the 5-day performance at -7.93% in the red. However, in the 30-day time frame, Gaotu Techedu Inc ADR (NYSE:GOTU) is 30.63% up.
The consensus price target for the stock as assigned by Wall Street analysts is 2.94, meaning bulls need an upside of 15.31% from its recent 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 -18.07% plunge from its current level, while the stock would need to soar -18.07% for it to hit the projected low.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
Year-over-year growth is forecast to reach 50.45% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 1.31B. 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 72.44%. 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 -15362.32%.
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 $4.83 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 $4.62 million.
