In the last trading session, 8.84 million Hesai Group ADR (NASDAQ:HSAI) shares changed hands as the company’s beta touched 0.78. With the company’s per share price at $22.30 changed hands at $2.5 or 12.63% during last session, the market valuation stood at $2.17B. HSAI’s last price was a discount, traded about -8.43% off its 52-week high of $24.18. The share price had its 52-week low at $3.52, which suggests the last value was 84.22% up since then. When we look at Hesai Group ADR’s average trading volume, we note the 10-day average is 7.17 million shares, with the 3-month average coming to 4.02 million.
Analysts gave the Hesai Group ADR (HSAI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.25. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended HSAI as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Hesai Group ADR’s EPS for the current quarter is expected to be -0.13.
Hesai Group ADR (NASDAQ:HSAI) trade information
Instantly HSAI was in green as seen at the end of in last trading. With action 39.29%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 61.36%, with the 5-day performance at 39.29% in the green. However, in the 30-day time frame, Hesai Group ADR (NASDAQ:HSAI) is 23.89% up. Looking at the short shares, we see there were 2.55 million shares sold at short interest cover period of 0.64 days.
Hesai Group ADR (HSAI) estimates and forecasts
Year-over-year growth is forecast to reach 64.95% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 532.16M. 1 analysts are of the opinion that Hesai Group ADR’s revenue for the current quarter will be 680.51M. The company’s revenue for the corresponding quarters a year ago was 359.12M and 458.86M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 48.18%. The estimates for the next quarter sales put growth at 48.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.46%. The 2025 estimates are for Hesai Group ADR earnings to increase by 359.62%.
HSAI Dividends
Hesai Group ADR is expected to release its next quarterly earnings report on 2025-Mar-09.
Hesai Group ADR (NASDAQ:HSAI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 15.41% of Hesai Group ADR shares while 41.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 48.69%. There are 41.19% institutions holding the Hesai Group ADR stock share, with FIL LTD the top institutional holder. As of 2024-06-30, the company held 3.9011% of the shares, roughly 5.04 million HSAI shares worth $21.1 million.
BRILLIANCE ASSET MANAGEMENT LTD holds the second largest percentage of outstanding shares, with 1.1822% or 1.53 million shares worth $6.39 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF and Northern Lights Fd Tr IV-Main Thematic Innovation ETF . With 1.14 shares estimated at $25.33 million under it, the former controlled 1.17% of total outstanding shares. On the other hand, Northern Lights Fd Tr IV-Main Thematic Innovation ETF held about 0.20% of the shares, roughly 197.61 shares worth around $4.41 million.
