In the last trading session, 5.61 million VNET Group Inc ADR (NASDAQ:VNET) shares changed hands as the company’s beta touched 0.14. With the company’s per share price at $6.61 changed hands at -$0.29 or -4.20% during last session, the market valuation stood at $1.74B. VNET’s last price was a discount, traded about -144.02% off its 52-week high of $16.13. The share price had its 52-week low at $1.71, which suggests the last value was 74.13% up since then. When we look at VNET Group Inc ADR’s average trading volume, we note the 10-day average is 6.69 million shares, with the 3-month average coming to 6.50 million.
Analysts gave the VNET Group Inc ADR (VNET) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.31. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended VNET as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
VNET Group Inc ADR (NASDAQ:VNET) trade information
Instantly VNET was in red as seen at the end of in last trading. With action 13.18%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 217.79%, with the 5-day performance at 13.18% in the green. However, in the 30-day time frame, VNET Group Inc ADR (NASDAQ:VNET) is 23.78% up. Looking at the short shares, we see there were 24.39 million shares sold at short interest cover period of 5.51 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 5.57% from its current market value. According to analyst projections, VNET’s forecast low is 4 with 8.2 as the target high. To hit the forecast high, the stock’s price needs a -24.05% plunge from its current level, while the stock would need to tank 39.49% for it to hit the projected low.
The 2025 estimates are for VNET Group Inc ADR earnings to increase by 19.89%, but the outlook for the next 5-year period is at 104.89% per year.
VNET Dividends
VNET Group Inc ADR is expected to release its next quarterly earnings report on 2025-May-28.
VNET Group Inc ADR (NASDAQ:VNET)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.12% of VNET Group Inc ADR shares while 54.34% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 55.52%. There are 54.34% institutions holding the VNET Group Inc ADR stock share, with FIL LTD the top institutional holder. As of 2024-06-30, the company held 6.1404% of the shares, roughly 16.05 million VNET shares worth $33.62 million.
BLACKSTONE INC. holds the second largest percentage of outstanding shares, with 3.9796% or 10.4 million shares worth $21.84 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd . With 1.89 shares estimated at $12.49 million under it, the former controlled 0.72% of total outstanding shares. On the other hand, VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd held about 0.63% of the shares, roughly 1.65 shares worth around $10.93 million.
