Gaotu Techedu Inc ADR (NYSE:GOTU) has a beta value of 0.17 and has seen 0.81 million shares traded in the recent trading session. The company, currently valued at $454.08M, closed the recent trade at $3.14 per share which meant it lost -$0.11 on the day or -3.23% during that session. The GOTU stock price is -168.79% off its 52-week high price of $8.44 and 40.45% above the 52-week low of $1.87. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.23 million shares traded. The 3-month trading volume is 2.80 million shares.
The consensus among analysts is that Gaotu Techedu Inc ADR (GOTU) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.35.
Gaotu Techedu Inc ADR (NYSE:GOTU) trade information
Sporting -3.23% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GOTU stock price touched $3.14 or saw a rise of 6.82%. Year-to-date, Gaotu Techedu Inc ADR shares have moved 43.61%, while the 5-day performance has seen it change -0.16%. Over the past 30 days, the shares of Gaotu Techedu Inc ADR (NYSE:GOTU) have changed -7.77%. Short interest in the company has seen 5.97 million shares shorted with days to cover at 1.4.
Wall Street analysts have a consensus price target for the stock at $2.94, which means that the shares’ value could drop -6.8% from the levels at last check today. The projected low price target is $2.94 while the price target rests at a high of $2.94. In that case, then, we find that the latest price level in today’s session is 6.37% off the targeted high while a plunge would see the stock lose 6.37% from the levels at last check today.
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
The company’s shares have lost -15.00% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 28.87%.
4 analysts offering their estimates for the company have set an average revenue estimate of 1.38B for the current quarter. 2 have an estimated revenue figure of 1.19B for the next ending quarter. Year-ago sales stood 946.88M and 1.01B respectively for this quarter and the next, and analysts expect sales will grow by 45.37% for the current quarter and 28.87% for the next.
GOTU Dividends
Gaotu Techedu Inc ADR is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gaotu Techedu Inc ADR (NYSE:GOTU)’s Major holders
Insiders own 7.88% of the company shares, while shares held by institutions stand at 23.61% with a share float percentage of 25.63%. Investors are also buoyed by the number of investors in a company, with Gaotu Techedu Inc ADR having a total of 70.0 institutions that hold shares in the company. The top two institutional holders are GOLDMAN SACHS GROUP INC with over 7.73 million shares worth more than $37.85 million. As of 2024-06-30, GOLDMAN SACHS GROUP INC held 2.9885% of shares outstanding.
The other major institutional holder is MORGAN STANLEY, with the holding of over 7.41 million shares as of 2024-06-30. The firm’s total holdings are worth over $36.29 million and represent 2.8648% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd. As of Oct 31, 2024, the former fund manager holds about 1.36% shares in the company for having 1.96 shares of worth $6.16 million while later fund manager owns 1.87 shares of worth $5.88 million as of Oct 31, 2024, which makes it owner of about 1.30% of company’s outstanding stock.
