After A -10.35% Drop In The Last Week, Does ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) Still Make Sense To Buy?

During the last session, ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK)’s traded shares were 0.43 million. At the end of the trading day, the stock’s price was $24.26, reflecting an intraday loss of -2.18% or -$0.54. The 52-week high for the ZK share is $33.32, that puts it down -37.35 from that peak though still a striking 46.41% gain since the share price plummeted to a 52-week low of $13.00. The company’s market capitalization is $6.14B, and the average intraday trading volume over the past 10 days was 0.82 million shares, and the average trade volume was 642.29K shares over the past three months.

ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ZK has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 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 -5.08.

ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) trade information

ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) registered a -2.18% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.18% in intraday trading to $24.26, hitting a weekly high. The stock’s 5-day price performance is -10.35%, and it has moved by -7.58% in 30 days. The short interest in ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) is 1.4 million shares and it means that shorts have 1.77 day(s) to cover.

The consensus price target of analysts on Wall Street is $38, which implies an increase of 36.16% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $38 and $38 respectively. As a result, ZK is trading at a discount of -56.64% off the target high and -56.64% off the low.

ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) estimates and forecasts

In the rating firms’ projections, revenue will increase 61.67% 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 18.59B as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 28.38B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 14.74B and 20.04B respectively. In this case, analysts expect current quarter sales to grow by 26.16% and then jump by 41.62% in the coming quarter.

While earnings are projected to return 75.29% in 2025.

ZK Dividends

ZEEKR Intelligent Technology Holding Ltd. ADR is due to release its next quarterly earnings on 2025-Mar-19. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK)’s Major holders

ZEEKR Intelligent Technology Holding Ltd. ADR insiders own 5.08% of total outstanding shares while institutional holders control 5.07%, with the float percentage being 5.34%. POINT72 HONG KONG LTD is the largest shareholder of the company, while 88.0 institutions own stock in it. As of 2024-06-30, the company held over 1.66 million shares (or 0.7203% of all shares), a total value of $31.24 million in shares.

The next largest institutional holding, with 1.08 million shares, is of POINT72 ASSET MANAGEMENT, L.P.’s that is approximately 0.4701% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $20.39 million.

Also, the Mutual Funds coming in first place with the largest holdings of ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) shares are Fidelity Investment TRT-Fidelity Series Emerging Markets Opportunities and Fidelity Investment Trust-Fidelity Emerging Asia Fund . Data provided on Jan 31, 2025 indicates that Fidelity Investment TRT-Fidelity Series Emerging Markets Opportunities owns about 574.79 shares. This amounts to just over 0.23 percent of the company’s overall shares, with a $13.94 million market value. The same data shows that the other fund manager holds slightly less at 249.41, or about 0.10% of the stock, which is worth about $6.05 million.