Gaotu Techedu Inc ADR (NYSE:GOTU) has a beta value of 0.41 and has seen 0.75 million shares traded in the recent trading session. The company, currently valued at $399.21M, closed the recent trade at $2.77 per share which meant it gained $0.14 on the day or 5.13% during that session. The GOTU stock price is -204.69% off its 52-week high price of $8.44 and 32.49% 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 1.37 million shares traded. The 3-month trading volume is 2.74 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 5.13% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GOTU stock price touched $2.77 or saw a rise of 7.05%. Year-to-date, Gaotu Techedu Inc ADR shares have moved 26.26%, while the 5-day performance has seen it change 0.18%. Over the past 30 days, the shares of Gaotu Techedu Inc ADR (NYSE:GOTU) have changed -17.95%. Short interest in the company has seen 6.67 million shares shorted with days to cover at 2.23.
Wall Street analysts have a consensus price target for the stock at $2.94, which means that the shares’ value could jump 5.78% 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 -6.14% off the targeted high while a plunge would see the stock gain -6.14% from the levels at last check today..
Gaotu Techedu Inc ADR (GOTU) estimates and forecasts
The company’s shares have lost -12.22% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 28.88%.
4 analysts offering their estimates for the company have set an average revenue estimate of 1.38B for the current quarter. 3 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 45.94% for the current quarter and 28.88% 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 69.0 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 Jan 31, 2025 , the former fund manager holds about 1.36% shares in the company for having 1.96 shares of worth $5.4 million while later fund manager owns 1.87 shares of worth $5.16 million as of Jan 31, 2025 , which makes it owner of about 1.30% of company’s outstanding stock.
