In the last trading session, 3.6 million VNET Group Inc ADR (NASDAQ:VNET) shares changed hands as the company’s beta touched 0.05. With the company’s per share price at $5.91 changed hands at -$0.12 or -1.99% during last session, the market valuation stood at $1.56B. VNET’s last price was a discount, traded about -172.93% 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 71.07% up since then.
Analysts gave the VNET Group Inc ADR (VNET) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.29. 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 10.67%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 24.68%, with the 5-day performance at 10.67% in the green. However, in the 30-day time frame, VNET Group Inc ADR (NASDAQ:VNET) is -6.19% down.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 15.57% 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 -38.75% plunge from its current level, while the stock would need to tank 32.32% for it to hit the projected low.
The 2025 estimates are for VNET Group Inc ADR earnings to increase by 49.35%, but the outlook for the next 5-year period is at 93.62% per year.
VNET Dividends
VNET Group Inc ADR is expected to release its next quarterly earnings report in July.
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 $11.17 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 $9.77 million.
