In the last trading session, 21.13 million VNET Group Inc ADR (NASDAQ:VNET) shares changed hands as the company’s beta touched 0.06. With the company’s per share price at $13.28 changed hands at -$1.31 or -8.94% during last session, the market valuation stood at $3.48B. VNET’s last price was a discount, traded about -21.46% off its 52-week high of $16.13. The share price had its 52-week low at $1.42, which suggests the last value was 89.31% up since then.
Analysts gave the VNET Group Inc ADR (VNET) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.23. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended VNET as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. VNET Group Inc ADR’s EPS for the current quarter is expected to be 0.35.
VNET Group Inc ADR (NASDAQ:VNET) trade information
Instantly VNET was in red as seen at the end of in last trading. With action 15.12%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 180.27%, with the 5-day performance at 15.12% in the green. However, in the 30-day time frame, VNET Group Inc ADR (NASDAQ:VNET) is 93.94% up.
The consensus price target for the stock as assigned by Wall Street analysts is 6.1, meaning bulls need a downside of -117.7% from its current market value. According to analyst projections, VNET’s forecast low is 4 with 7.98 as the target high. To hit the forecast high, the stock’s price needs a 39.91% surge from its current level, while the stock would need to tank 69.88% for it to hit the projected low.
VNET Group Inc ADR (VNET) estimates and forecasts
Year-over-year growth is forecast to reach 9.16% 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 2.07B. The company’s revenue for the corresponding quarters a year ago was 1.9B. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.85%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -55.24%. The 2025 estimates are for VNET Group Inc ADR earnings to increase by 123.38%.
VNET Dividends
VNET Group Inc ADR is expected to release its next quarterly earnings report in March.
BLACKSTONE INC. holds the second largest percentage of outstanding shares, with 3.9796% or 10.4 million shares worth $21.84 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 1.89 shares estimated at $25.1 million under it, the former controlled 0.72% of total outstanding shares. On the other hand, Vanguard International Stock Index-Emerging Markets Stk held about 0.63% of the shares, roughly 1.65 shares worth around $21.97 million.
