VNET Group Inc ADR (NASDAQ:VNET) has a beta value of 0.06 and has seen 1.03 million shares traded in the recent trading session. The company, currently valued at $1.50B, closed the recent trade at $5.7 per share which meant it gained $0.25 on the day or 4.59%% during that session. The VNET stock price is -182.98% off its 52-week high price of $16.13 and 70.0% above the 52-week low of $1.71. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.82 million shares traded. The 3-month trading volume is 6.46 million shares.
The consensus among analysts is that VNET Group Inc ADR (VNET) is Buy stock at the moment, with a recommendation rating of 1.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
VNET Group Inc ADR (NASDAQ:VNET) trade information
Sporting 4.59%% 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 VNET stock price touched $5.7 or saw a fall of -0.35%. Year-to-date, VNET Group Inc ADR shares have moved 179.41%, while the 5-day performance has seen it change 0.35%. Over the past 30 days, the shares of VNET Group Inc ADR (NASDAQ:VNET) have changed -5.79%. Short interest in the company has seen 22.56 million shares shorted with days to cover at 3.51.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 18.57% from the levels at last check today.. The projected low price target is $4.0 while the price target rests at a high of $8.2. In that case, then, we find that the latest price level in today’s session is -43.86% off the targeted high while a plunge would see the stock lose 29.82% from the levels at last check today..
VNET Group Inc ADR (VNET) estimates and forecasts
The company’s shares have gained 59.22% over the past 6 months.
Earnings growth for 2025 is a modest -8.20% while over the next 5 years, the company’s earnings are expected to increase by 95.12%.
VNET Dividends
VNET Group Inc ADR is expected to release its next earnings report on 2025-May-28 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
VNET Group Inc ADR (NASDAQ:VNET)’s Major holders
Insiders own 2.12% of the company shares, while shares held by institutions stand at 54.33% with a share float percentage of 55.51%. Investors are also buoyed by the number of investors in a company, with VNET Group Inc ADR having a total of 210.0 institutions that hold shares in the company. The top two institutional holders are FIL LTD with over 16.05 million shares worth more than $33.62 million. As of 2024-06-30, FIL LTD held 6.1404% of shares outstanding.
The other major institutional holder is BLACKSTONE INC., with the holding of over 10.4 million shares as of 2024-06-30. The firm’s total holdings are worth over $21.84 million and represent 3.9796% 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 0.72% shares in the company for having 1.89 shares of worth $10.78 million while later fund manager owns 1.65 shares of worth $9.44 million as of Jan 31, 2025 , which makes it owner of about 0.63% of company’s outstanding stock.
