In last trading session, VNET Group Inc ADR (NASDAQ:VNET) saw 24.8 million shares changing hands with its beta currently measuring 0.03. Company’s recent per share price level of $10.40 trading at -$0.6 or -5.45% at ring of the bell on the day assigns it a market valuation of $2.72B. That closing price of VNET’s stock is at a discount of -55.1% from its 52-week high price of $16.13 and is indicating a premium of 86.35% from its 52-week low price of $1.42. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 13.58 million shares which gives us an average trading volume of 8.34 million if we extend that period to 3-months.
For VNET Group Inc ADR (VNET), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.09. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
VNET Group Inc ADR (NASDAQ:VNET) trade information
Upright in the red during last session for losing -5.45%, in the last five days VNET remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $10.40 price level, adding 14.4% to its value on the day. VNET Group Inc ADR’s shares saw a change of 119.41% in year-to-date performance and have moved -13.84% in past 5-day. VNET Group Inc ADR (NASDAQ:VNET) showed a performance of 4.31% in past 30-days. Number of shares sold short was 21.23 million shares which calculate 1.76 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6.1 to the stock, which implies a fall of -70.49% to its current value. Analysts have been projecting 5.2 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would jump 50.0% in reaching the projected high whereas dropping to the targeted low would mean a gain of 50.0% for stock’s current value.
VNET Group Inc ADR (VNET) estimates and forecasts
This year revenue growth is estimated to rise 12.59% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.23B for the same. And 1 analysts are in estimates of company making revenue of 2.28B in the next quarter. Company posted 1.9B and 1.99B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 88.42% while estimates for its earnings growth in next 5 years are of 86.48%.
VNET Group Inc ADR (NASDAQ:VNET)’s Major holders
Insiders are in possession of 6.84% of company’s total shares while institution are holding 40.53 percent of that, with stock having share float percentage of 43.51%. Investors also watch the number of corporate investors in a company very closely, which is 40.53% institutions for VNET Group Inc ADR that are currently holding shares of the company. FIL LTD is the top institutional holder at VNET for having 16.05 million shares of worth $33.62 million. And as of 2024-06-30, it was holding 6.1404 of the company’s outstanding shares.
The second largest institutional holder is BLACKSTONE INC., which was holding about 10.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.9796 of outstanding shares, having a total worth of $21.84 million.
On the other hand, Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 1.89 shares of worth $19.65 million or 0.72% of the total outstanding shares. The later fund manager was in possession of 1.65 shares on Oct 31, 2024 , making its stake of worth around $17.2 million in the company or a holder of 0.63% of company’s stock.
