During the last session, VNET Group Inc ADR (NASDAQ:VNET)’s traded shares were 19.18 million, with the beta value of the company hitting 0.24. At the end of the trading day, the stock’s price was $4.74, reflecting an intraday loss of -12.06% or -$0.65. The 52-week high for the VNET share is $16.13, that puts it down -240.3 from that peak though still a striking 70.04% gain since the share price plummeted to a 52-week low of $1.42. The company’s market capitalization is $1.24B, and the average intraday trading volume over the past 10 days was 11.2 million shares, and the average trade volume was 10.78 million shares over the past three months.
VNET Group Inc ADR (VNET) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.08. VNET has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 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 0.09.
VNET Group Inc ADR (NASDAQ:VNET) trade information
VNET Group Inc ADR (VNET) registered a -12.06% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -12.06% in intraday trading to $4.74, hitting a weekly high. The stock’s 5-day price performance is -19.66%, and it has moved by -56.67% in 30 days. Based on these gigs, the overall price performance for the year is 200.00%. The short interest in VNET Group Inc ADR (NASDAQ:VNET) is 26.14 million shares and it means that shorts have 2.19 day(s) to cover.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 32.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $7 respectively. As a result, VNET is trading at a discount of -47.68% off the target high and -47.68% off the low.
VNET Group Inc ADR (VNET) estimates and forecasts
In the rating firms’ projections, revenue will increase 12.70% 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 2.22B as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 2.26B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.9B and 1.99B respectively. In this case, analysts expect current quarter sales to grow by 17.07% and then jump by 13.58% in the coming quarter.
While earnings are projected to return 72.31% in 2025, the next five years will return 82.74% per annum.
VNET Dividends
VNET Group Inc ADR is due to release its next quarterly earnings on 2025-Mar-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
VNET Group Inc ADR (NASDAQ:VNET)’s Major holders
VNET Group Inc ADR insiders own 6.84% of total outstanding shares while institutional holders control 40.72%, with the float percentage being 43.71%. FIL LTD is the largest shareholder of the company, while 153.0 institutions own stock in it. As of 2024-06-30, the company held over 16.05 million shares (or 6.1404% of all shares), a total value of $33.62 million in shares.
The next largest institutional holding, with 10.4 million shares, is of BLACKSTONE INC.’s that is approximately 3.9796% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $21.84 million.
Also, the Mutual Funds coming in first place with the largest holdings of VNET Group Inc ADR (VNET) shares are VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd . Data provided on Jan 31, 2025 indicates that VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund owns about 1.89 shares. This amounts to just over 0.72 percent of the company’s overall shares, with a $8.96 million market value. The same data shows that the other fund manager holds slightly less at 1.65, or about 0.63% of the stock, which is worth about $7.84 million.
