21Vianet Group Inc. (NASDAQ: VNET) is 100.41% higher on its value in year-to-date trading and has touched a low of $6.31 and a high of $17.62 in the current 52-week trading range. The VNET stock was last observed hovering at around $14.96 in the last trading session, with the day’s loss setting it -0.43% off its average median price target of $159.12 for the next 12 months. It is also 92.41% off the consensus price target high of $191.55 offered by analysts, but current levels are 88.57% higher than the price target low of $127.09 for the same period.
Currently trading at $14.53, the stock is -7.11% and -3.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.57 million and changing -2.87% at the moment leaves the stock 35.63% off its SMA200. VNET registered 101.25% gain for a year compared to 6-month gain of 114.62%. The firm has a 50-day simple moving average (SMA 50) of $15.52 and a 200-day simple moving average (SMA200) of $12.03.
The stock witnessed a 2.98% loss in the last 1 month and extending the period to 3 months gives it a -4.72%, and is -4.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.11% over the week and 5.84% over the month.
21Vianet Group Inc. (VNET) has around 2295 employees, a market worth around $1.59B and $561.00M in sales. Fwd P/E is 87.01. Profit margin for the company is -8.20%. Distance from 52-week low is 130.27% and -17.54% from its 52-week high. The company has generated returns on investments over the last 12 months (1.70%).
21Vianet Group Inc. (VNET) Analyst Forecasts
21Vianet Group Inc. is expected to release its quarterly report on 08/12/2020 and quarterly earnings per share for the current quarter are estimated at -$0.01 with sales reaching $162.52M over the same period.The EPS is expected to grow by 10.30% this year, but quarterly earnings will post 25.20% year-over-year. Quarterly sales are estimated to grow 29.80% in year-over-year returns.
21Vianet Group Inc. (VNET) Top Institutional Holders
102 institutions hold shares in 21Vianet Group Inc. (VNET), with 1.9M shares held by insiders accounting for 1.70% while institutional investors hold 50.92% of the company’s shares. The shares outstanding are 111.59M, and float is at 82.78M with Short Float at 1.11%. Institutions hold 50.06% of the Float.
The top institutional shareholder in the company is Morgan Stanley with over 6.65 million shares valued at $92.16 million. The investor’s holdings represent 7.98% of the VNET Shares outstanding. As of Mar 30, 2020, the second largest holder is FIL LTD with 6.4 million shares valued at $88.77 million to account for 7.69% of the shares outstanding. The other top investors are Temasek Holdings (Private) Limited which holds 4.16 million shares representing 4.99% and valued at over $57.6 million, while Sylebra Capital Ltd holds 4.55% of the shares totaling 3.79 million with a market value of $52.57 million.
21Vianet Group Inc. (VNET): Who are the competitors?
The company’s main competitors (and peers) include China Telecom Corporation Limited (CHA) that is trading -38.33% down over the past 12 months. Cardtronics plc (CATM) is -11.91% down on the 1-year trading charts. Short interest in the company’s stock has risen 9.76% from the last report on Apr 14, 2020 to stand at a total of 0.83 million short shares sold with a short interest ratio of 1.33.