During the recent session, Gaotu Techedu Inc ADR (NYSE:GOTU)’s traded shares were 0.41 million, with the beta value of the company hitting 0.15. At the last check today, the stock’s price was $3.32, reflecting an intraday loss of -1.04% or -$0.03. The 52-week high for the GOTU share is $8.44, that puts it down -154.22 from that peak though still a striking 43.67% gain since the share price plummeted to a 52-week low of $1.87. The company’s market capitalization is $478.62M, and the average intraday trading volume over the past 10 days was 2.79 million shares, and the average trade volume was 2.80 million shares over the past three months.
Gaotu Techedu Inc ADR (GOTU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.82. GOTU has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.35.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Gaotu Techedu Inc ADR (GOTU) registered a -1.04% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.04% in intraday trading to $3.32, hitting a weekly high. The stock’s 5-day price performance is -1.63%, and it has moved by -3.63% in 30 days. Based on these gigs, the overall price performance for the year is -52.16%. The short interest in Gaotu Techedu Inc ADR (NYSE:GOTU) is 5.97 million shares and it means that shorts have 1.4 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.94, which implies a decrease of -12.93% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.94 and $2.94 respectively. As a result, GOTU is trading at a premium of 11.45% off the target high and 11.45% off the low.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
In the rating firms’ projections, revenue will increase 28.87% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.38B as predicted by 4 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.19B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 946.88M and 1.01B respectively. In this case, analysts expect current quarter sales to grow by 45.37% and then jump by 17.42% in the coming quarter.
GOTU Dividends
Gaotu Techedu Inc ADR is due to release its next quarterly earnings on 2025-Feb-25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders
Gaotu Techedu Inc ADR insiders own 7.88% of total outstanding shares while institutional holders control 23.64%, with the float percentage being 25.66%. GOLDMAN SACHS GROUP INC is the largest shareholder of the company, while 72.0 institutions own stock in it. As of 2024-06-30, the company held over 7.73 million shares (or 2.9885% of all shares), a total value of $37.85 million in shares.
The next largest institutional holding, with 7.41 million shares, is of MORGAN STANLEY’s that is approximately 2.8648% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $36.29 million.
Also, the Mutual Funds coming in first place with the largest holdings of Gaotu Techedu Inc ADR (GOTU) shares are VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd. Data provided on Oct 31, 2024 indicates that VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund owns about 1.96 shares. This amounts to just over 1.36 percent of the company’s overall shares, with a $6.44 million market value. The same data shows that the other fund manager holds slightly less at 1.87, or about 1.30% of the stock, which is worth about $6.15 million.
