In today’s recent session, 0.4 million shares of the EHang Holdings Ltd ADR (NASDAQ:EH) have been traded, and its beta is 0.95. Most recently the company’s share price was $22.60, and it changed around -$0.45 or -1.95% from the last close, which brings the market valuation of the company to $995.30M. EH at last check was trading at a discount to its 52-week high of $29.76, offering almost -31.68% off that amount. The share price’s 52-week low was $10.40, which indicates that the recent value has risen by an impressive 53.98% since then. We note from EHang Holdings Ltd ADR’s average daily trading volume that its 10-day average is 2.36 million shares, with the 3-month average coming to 2.24 million.
EHang Holdings Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.17. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended EH as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. EHang Holdings Ltd ADR is expected to report earnings per share of 0 for the current quarter.
EHang Holdings Ltd ADR (NASDAQ:EH) trade information
Instantly EH has been showing red trend so far today with a performance of -1.95% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 25.50 on recent trading dayincreased the stock’s daily price by 11.37%. The company’s shares are currently up 43.54% year-to-date, but still down -10.53% over the last five days. On the other hand, EHang Holdings Ltd ADR (NASDAQ:EH) is -10.42% down in the 30-day period. We can see from the shorts that 5.09 million shares have been sold at a short interest cover period of 1.83 day(s).
The consensus price target as assigned by Wall Street analysts is $21.75, which translates to bulls needing to decrease their stock price by -3.91% from its current value. Analyst projections state that EH is forecast to be at a low of $16 and a high of $27.5.
EHang Holdings Ltd ADR (EH) estimates and forecasts
The year-over-year growth rate is expected to be 99.45%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 151.15M in revenue for the current quarter. 1 analysts expect EHang Holdings Ltd ADR to make 206M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 61.73M and 102.02M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 144.86%. Forecasts for the next quarter put sales growth at 101.92%. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -18.85%.
EHang Holdings Ltd ADR (NASDAQ:EH)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.76% of EHang Holdings Ltd ADR shares, and 34.33% of them are in the hands of institutional investors. The stock currently has a share float of 34.60%. EHang Holdings Ltd ADR stock is held by 99.0 institutions, with AXIM PLANNING & WEALTH being the largest institutional investor. By 2024-06-30, it held 3.5684% of the shares, which is about 4.69 million shares worth $63.74 million.
VANGUARD GROUP INC, with 2.4263% or 1.54 million shares worth $20.87 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
SPDR S&P Kensho New Economies Composite ETF and Vanguard Total International Stock Index Fund were the top two Mutual Funds as of Feb 28, 2025. The former held 867.99 shares worth $19.81 million, making up 1.97% of all outstanding shares. On the other hand, Vanguard Total International Stock Index Fund held roughly 583.41 shares worth around $13.32 million, which represents about 1.32% of the total shares outstanding.
