Why Buy Stock In ATRenew Inc ADR (RERE)?

ATRenew Inc ADR (NYSE:RERE) has a beta value of -0.02 and has seen 2.92 million shares traded in the last trading session. The company, currently valued at $458.28M, closed the last trade at $3.48 per share which meant it gained $0.3 on the day or 9.43% during that session. The RERE stock price is -6.32% off its 52-week high price of $3.70 and 66.95% above the 52-week low of $1.15.

The consensus among analysts is that ATRenew Inc ADR (RERE) is Sell stock at the moment, with a recommendation rating of 1.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.6.

ATRenew Inc ADR (NYSE:RERE) trade information

Sporting 9.43% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the RERE stock price touched $3.48 or saw a rise of 1.14%. Year-to-date, ATRenew Inc ADR shares have moved 20.83%, while the 5-day performance has seen it change 24.29%. Over the past 30 days, the shares of ATRenew Inc ADR (NYSE:RERE) have changed 8.75%.

ATRenew Inc ADR (RERE) estimates and forecasts

The company’s shares have gained 38.65% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 27.02%.

1 analysts offering their estimates for the company have set an average revenue estimate of 4.62B for the current quarter. 1 have an estimated revenue figure of 4.98B for the next ending quarter. Year-ago sales stood 3.65B and 3.78B respectively for this quarter and the next, and analysts expect sales will grow by 26.43% for the current quarter and 27.02% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 65.96% over the past 5 years.

RERE Dividends

ATRenew Inc ADR is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

ATRenew Inc ADR (NYSE:RERE)’s Major holders

The top two institutional holders are TIGER GLOBAL MANAGEMENT LLC with over 11.48 million shares worth more than $27.21 million. As of 2024-06-30, TIGER GLOBAL MANAGEMENT LLC held 4.6926% of shares outstanding.

The other major institutional holder is PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C., with the holding of over 2.21 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.24 million and represent 0.9033% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Price (T.Rowe) International Discovery Fund and Price (T.Rowe) International Small-Cap Equity Trust . As of Dec 31, 2024 , the former fund manager holds about 1.22% shares in the company for having 1.6 shares of worth $5.58 million while later fund manager owns 269.7 shares of worth $0.94 million as of Dec 31, 2024 , which makes it owner of about 0.20% of company’s outstanding stock.