In the latest trading session,, 0.58 million ATRenew Inc ADR (NYSE:RERE) shares changed hands as the company’s beta touched 0.24. With the company’s most recent per share price at $2.17 changed hands at -$0.11 or -4.82% at last look, the market valuation stands at $285.77M. RERE’s current price is a discount, trading about -70.51% off its 52-week high of $3.70. The share price had its 52-week low at $1.50, which suggests the last value was 30.88% up since then. When we look at ATRenew Inc ADR’s average trading volume, we note the 10-day average is 0.75 million shares, with the 3-month average coming to 791.27K.
Analysts gave the ATRenew Inc ADR (RERE) stock a consensus recommendation rating of Sell, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 1 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended RERE as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. ATRenew Inc ADR’s EPS for the current quarter is expected to be 0.6.
ATRenew Inc ADR (NYSE:RERE) trade information
Instantly RERE was in red as seen in intraday trades today. With action -27.91%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -24.65%, with the 5-day performance at -27.91% in the red. However, in the 30-day time frame, ATRenew Inc ADR (NYSE:RERE) is -37.64% down. Looking at the short shares, we see there were 0.32 million shares sold at short interest cover period of 0.44 days.
ATRenew Inc ADR (RERE) estimates and forecasts
Year-over-year growth is forecast to reach 27.02% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 4.62B. 1 analysts are of the opinion that ATRenew Inc ADR’s revenue for the current quarter will be 4.98B. The company’s revenue for the corresponding quarters a year ago was 3.65B and 3.78B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 26.43%. The estimates for the next quarter sales put growth at 31.76%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 65.96%. The 2025 estimates are for ATRenew Inc ADR earnings to increase by 2728.22%.
ATRenew Inc ADR (NYSE:RERE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.66% of ATRenew Inc ADR shares while 36.13% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 37.12%. There are 36.13% institutions holding the ATRenew Inc ADR stock share, with TIGER GLOBAL MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 4.6926% of the shares, roughly 11.48 million RERE shares worth $27.21 million.
PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. holds the second largest percentage of outstanding shares, with 0.9033% or 2.21 million shares worth $5.24 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were T. ROWE PRICE Intl Fd.S, INC.-T. Rowe Price Intl Discovery Fd. and -Price (T.Rowe) International Small-Cap Equity Trust . With 1.6 shares estimated at $3.45 million under it, the former controlled 1.22% of total outstanding shares. On the other hand, -Price (T.Rowe) International Small-Cap Equity Trust held about 0.20% of the shares, roughly 269.7 shares worth around $0.58 million.
