In last trading session, VNET Group Inc ADR (NASDAQ:VNET) saw 4.62 million shares changing hands with its beta currently measuring 0.10. Company’s recent per share price level of $7.33 trading at -$0.79 or -9.73% at ring of the bell on the day assigns it a market valuation of $1.92B. That closing price of VNET’s stock is at a discount of -120.05% from its 52-week high price of $16.13 and is indicating a premium of 80.63% from its 52-week low price of $1.42. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.75 million shares which gives us an average trading volume of 10.01 million if we extend that period to 3-months.
For VNET Group Inc ADR (VNET), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.08. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.09 in the current quarter.
VNET Group Inc ADR (NASDAQ:VNET) trade information
Upright in the red during last session for losing -9.73%, in the last five days VNET remained trading in the red while hitting it’s week-highest on Friday, 03/28/25 when the stock touched $7.33 price level, adding 17.27% to its value on the day. VNET Group Inc ADR’s shares saw a change of 54.64% in year-to-date performance and have moved -18.65% in past 5-day. VNET Group Inc ADR (NASDAQ:VNET) showed a performance of -41.22% in past 30-days. Number of shares sold short was 32.5 million shares which calculate 2.1 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6.1 to the stock, which implies a fall of -20.16% to its current value. Analysts have been projecting 5.2 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would jump 29.06% in reaching the projected high whereas dropping to the targeted low would mean a gain of 29.06% for stock’s current value.
VNET Group Inc ADR (VNET) estimates and forecasts
This year revenue growth is estimated to rise 13.26% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.22B for the same. And 2 analysts are in estimates of company making revenue of 2.26B in the next quarter. Company posted 1.9B and 1.99B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 66.50% while estimates for its earnings growth in next 5 years are of 82.18%.
VNET Group Inc ADR (NASDAQ:VNET)’s Major holders
Insiders are in possession of 6.84% of company’s total shares while institution are holding 41.12 percent of that, with stock having share float percentage of 44.14%. Investors also watch the number of corporate investors in a company very closely, which is 41.12% institutions for VNET Group Inc ADR that are currently holding shares of the company. FIL LTD is the top institutional holder at VNET for having 16.05 million shares of worth $33.62 million. And as of 2024-06-30, it was holding 6.1404 of the company’s outstanding shares.
The second largest institutional holder is BLACKSTONE INC., which was holding about 10.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.9796 of outstanding shares, having a total worth of $21.84 million.
