During the recent session, NIO Inc ADR (NYSE:NIO)’s traded shares were 22.99 million, with the beta value of the company hitting 1.72. At the last check today, the stock’s price was $3.84, reflecting an intraday loss of -3.64% or -$0.14. The 52-week high for the NIO share is $7.71, that puts it down -100.78 from that peak though still a striking 5.99% gain since the share price plummeted to a 52-week low of $3.61. The company’s market capitalization is $7.38B, and the average intraday trading volume over the past 10 days was 68.85 million shares, and the average trade volume was 56.60 million shares over the past three months.
NIO Inc ADR (NIO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.36. NIO has a Sell rating from 1 analyst(s) out of 21 analysts who have looked at this stock. 8 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 12 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 -2.66.
NIO Inc ADR (NYSE:NIO) trade information
NIO Inc ADR (NIO) registered a -3.64% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.64% in intraday trading to $3.84, hitting a weekly high. The stock’s 5-day price performance is -14.78%, and it has moved by -19.94% in 30 days. Based on these gigs, the overall price performance for the year is -19.77%. The short interest in NIO Inc ADR (NYSE:NIO) is 180.54 million shares and it means that shorts have 2.56 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.6, which implies an increase of 41.82% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.6 and $6.6 respectively. As a result, NIO is trading at a discount of -71.88% off the target high and -71.88% off the low.
NIO Inc ADR (NIO) estimates and forecasts
In the rating firms’ projections, revenue will increase 38.98% 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 12.46B as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 19.98B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 9.91B and 17.45B respectively. In this case, analysts expect current quarter sales to grow by 25.74% and then jump by 14.54% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 0.91%. While earnings are projected to return 16.10% in 2025, the next five years will return 26.80% per annum.
NIO Dividends
NIO Inc ADR is due to release its next quarterly earnings on 2025-Mar-20. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
NIO Inc ADR (NYSE:NIO)’s Major holders
NIO Inc ADR insiders own 2.49% of total outstanding shares while institutional holders control 9.61%, with the float percentage being 9.85%. BLACKROCK INC. is the largest shareholder of the company, while 572.0 institutions own stock in it. As of 2024-06-30, the company held over 60.47 million shares (or 2.9499% of all shares), a total value of $251.55 million in shares.
The next largest institutional holding, with 21.94 million shares, is of STATE STREET CORP’s that is approximately 1.0733% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $91.27 million.
Also, the Mutual Funds coming in first place with the largest holdings of NIO Inc ADR (NIO) shares are SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Emerging Markets ETF and Invesco Exchange-Traded Fund Trust-Invesco Golden Dragon China ETF. Data provided on Jan 31, 2025 indicates that SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Emerging Markets ETF owns about 1.62 shares. This amounts to just over 0.10 percent of the company’s overall shares, with a $6.2 million market value. The same data shows that the other fund manager holds slightly less at 1.02, or about 0.06% of the stock, which is worth about $3.91 million.
