In the last trading session, 5.1 million Gaotu Techedu Inc ADR (NYSE:GOTU) shares changed hands as the company’s beta touched 0.11. With the company’s per share price at $3.99 changed hands at $0.31 or 8.42% during last session, the market valuation stood at $576.08M. GOTU’s last price was a discount, traded about -111.53% off its 52-week high of $8.44. The share price had its 52-week low at $1.87, which suggests the last value was 53.13% up since then. When we look at Gaotu Techedu Inc ADR’s average trading volume, we note the 10-day average is 3.27 million shares, with the 3-month average coming to 2.59 million.
Analysts gave the Gaotu Techedu Inc ADR (GOTU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.82. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GOTU as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Gaotu Techedu Inc ADR’s EPS for the current quarter is expected to be -0.35.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Instantly GOTU was in green as seen at the end of in last trading. With action 14.66%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 82.19%, with the 5-day performance at 14.66% in the green. However, in the 30-day time frame, Gaotu Techedu Inc ADR (NYSE:GOTU) is 41.49% up. Looking at the short shares, we see there were 7.8 million shares sold at short interest cover period of 2.36 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.94, meaning bulls need a downside of -35.71% from its current market value. According to analyst projections, GOTU’s forecast low is 2.94 with 2.94 as the target high. To hit the forecast high, the stock’s price needs a 26.32% surge from its current level, while the stock would need to tank 26.32% for it to hit the projected low.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
Year-over-year growth is forecast to reach 28.87% 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 1.38B. 2 analysts are of the opinion that Gaotu Techedu Inc ADR’s revenue for the current quarter will be 1.19B. The company’s revenue for the corresponding quarters a year ago was 946.88M and 1.01B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 45.37%. The estimates for the next quarter sales put growth at 17.42%.
The 2025 estimates are for Gaotu Techedu Inc ADR earnings to increase by 64.15%.
GOTU Dividends
Gaotu Techedu Inc ADR is expected to release its next quarterly earnings report on 2025-Feb-25.
Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.88% of Gaotu Techedu Inc ADR shares while 23.64% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 25.67%. There are 23.64% institutions holding the Gaotu Techedu Inc ADR stock share, with GOLDMAN SACHS GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.9885% of the shares, roughly 7.73 million GOTU shares worth $37.85 million.
MORGAN STANLEY holds the second largest percentage of outstanding shares, with 2.8648% or 7.41 million shares worth $36.29 million as of 2024-06-30.
