In the last trading session, 4.93 million shares of the Gaotu Techedu Inc ADR (NYSE:GOTU) were traded, and its beta was 0.09. Most recently the company’s share price was $3.41, and it changed around -$0.1 or -2.85% from the last close, which brings the market valuation of the company to $492.34M. GOTU currently trades at a discount to its 52-week high of $8.44, offering almost -147.51% off that amount. The share price’s 52-week low was $1.87, which indicates that the current value has risen by an impressive 45.16% since then.
Gaotu Techedu Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.82. If we narrow it down even further, the data shows that 1 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 2 recommended GOTU as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Gaotu Techedu Inc ADR is expected to report earnings per share of -0.04 for the current quarter.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Instantly GOTU has showed a red trend with a performance of -2.85% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.77 on recent trading dayincreased the stock’s daily price by 9.55%. The company’s shares are currently up 55.71% year-to-date, but still up 39.18% over the last five days. On the other hand, Gaotu Techedu Inc ADR (NYSE:GOTU) is 45.11% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $2.94, which translates to bulls needing to decrease their stock price by -15.99% from its current value. Analyst projections state that GOTU is forecast to be at a low of $2.94 and a high of $2.94.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
The year-over-year growth rate is expected to be 28.94%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 1.38B in revenue for the current quarter. 2 analysts expect Gaotu Techedu Inc ADR to make 1.26B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 946.88M and 1.01B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 46.17%. Forecasts for the next quarter put sales growth at 24.85%.
GOTU Dividends
Gaotu Techedu Inc ADR’s next quarterly earnings report is expected to be released in April.
MORGAN STANLEY, with 2.8648% or 7.41 million shares worth $36.29 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk were the top two Mutual Funds as of Oct 31, 2024 . The former held 1.96 shares worth $6.67 million, making up 1.36% of all outstanding shares. On the other hand, Vanguard International Stock Index-Emerging Markets Stk held roughly 1.87 shares worth around $6.38 million, which represents about 1.30% of the total shares outstanding.
