VNET Group Inc ADR (NASDAQ:VNET) currently has a daily average trading volume of 9.55M but it saw 4947880 shares traded in last market. With a market cap of 1.71B USD, the company’s current market price of $6.48 came rising about 4.18 while comparing to the previous closing price of $6.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.13 and as low as $1.71.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which upgraded the stock as “Buy” in its note to investors issued on November 29, 2024, recommending a price target of between $3.10 and $5 for it. HSBC Securities upgraded its recommendation for the stock as a “Buy” from “Hold” on October 09, 2024 while assigning a price target of $5.20. BofA Securities also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $3.90 and $2.70.
Over the week, VNET’s stock price is moving 4.01% up while it is 33.06% when we observe its performance for the past one month. Year-to-date it is 36.71% up and over the past year, the stock is showing an upside performance of 216.10%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.09 while estimate for next year EPS is 0.8. In next quarter, company is expected to be making quarterly sales of $2.26B as analysts are expecting the sales for current fiscal year at $9.31B and seeing the company making $11.11B in sales next year. Moreover, analysts are in estimates of $2.22B for current-quarter revenue.
Currently, VNET Group Inc ADR’s total number of outstanding shares is 268.52M with 6.69% of that held by the insiders while 54.09% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.88% and return on equity (ROE) at 2.99%. It has a price to earnings ratio (P/E ratio) of 80.00 while having a 211.01 of forward P/E ratio. Stock’s beta reads 0.15. Stock has a price to book (P/B) ratio of 2.00 while price to sale or P/S ratio amounts to 1.49. Its return on asset (ROA) is 0.59% on average.
