In the latest trading session, 2.68 million EHang Holdings Ltd ADR (NASDAQ:EH) shares changed hands as the company’s beta touched 0.92. With the company’s most recent per share price at $22.98 changed hands at -$2.25 or -8.92% at last look, the market valuation stands at $1.01B. EH’s current price is a discount, trading about -29.5% off its 52-week high of $29.76. The share price had its 52-week low at $10.12, which suggests the last value was 55.96% up since then.
Analysts gave the EHang Holdings Ltd ADR (EH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.18. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended EH as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. EHang Holdings Ltd ADR’s EPS for the current quarter is expected to be -0.2.
EHang Holdings Ltd ADR (NASDAQ:EH) trade information
Instantly EH was in red as seen in intraday trades today. With action -10.09%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 45.95%, with the 5-day performance at -10.09% in the red. However, in the 30-day time frame, EHang Holdings Ltd ADR (NASDAQ:EH) is 43.76% up.
The consensus price target for the stock as assigned by Wall Street analysts is 21.75, meaning bulls need a downside of -5.66% from its recent market value. According to analyst projections, EH’s forecast low is 16 with 27.5 as the target high. To hit the forecast high, the stock’s price needs a -19.67% plunge from its current level, while the stock would need to tank 30.37% for it to hit the projected low.
EHang Holdings Ltd ADR (EH) estimates and forecasts
Year-over-year growth is forecast to reach 269.09% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 190.33M. 1 analysts are of the opinion that EHang Holdings Ltd ADR’s revenue for the current quarter will be 140.1M. The company’s revenue for the corresponding quarters a year ago was 56.6M and 61.73M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 236.26%. The estimates for the next quarter sales put growth at 126.97%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -24.67%. The 2025 estimates are for EHang Holdings Ltd ADR earnings to increase by 5.37%.
EHang Holdings Ltd ADR (NASDAQ:EH)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.4263% or 1.54 million shares worth $20.87 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF and Vanguard International Stock Index-Total Intl Stock Indx. With 1.17 shares estimated at $26.77 million under it, the former controlled 2.65% of total outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held about 1.32% of the shares, roughly 583.41 shares worth around $13.37 million.
