A peek at GSX Techedu Inc. (GSX): Who has invested in It?

255 institutions hold shares in GSX Techedu Inc. (GSX), with institutional investors hold 64.39% of the company’s shares. The shares outstanding are 238.40M, and float is at 127.26M with Short Float at 36.69%. Institutions hold 64.39% of the Float.

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The top institutional shareholder in the company is Morgan Stanley with over 12.56 million shares valued at $1.13 billion. The investor’s holdings represent 8.59% of the GSX Shares outstanding. As of Sep 29, 2020, the second largest holder is Credit Suisse Ag/ with 9.18 million shares valued at $827.01 million to account for 6.28% of the shares outstanding. The other top investors are Nomura Holdings Inc. which holds 8.86 million shares representing 6.06% and valued at over $798.74 million, while UBS Group AG holds 5.88% of the shares totaling 8.59 million with a market value of $774.28 million.

GSX Techedu Inc. (NYSE: GSX) is 99.71% higher on its value in year-to-date trading and has touched a low of $27.06 and a high of $149.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GSX stock was last observed hovering at around $100.69 in the last trading session, with the day’s gains setting it 2.58% off its average median price target of $413.22 for the next 12 months. It is also 78.05% off the consensus price target high of $470.49 offered by 13 analysts, but current levels are 73.81% higher than the price target low of $394.27 for the same period.

Currently trading at $103.27, the stock is 5.50% and 41.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.1 million and changing 2.56% at the moment leaves the stock 40.83% off its SMA200. GSX registered 141.51% gain for a year compared to 6-month loss of 18.02%. The firm has a 50-day simple moving average (SMA 50) of $81.85 and a 200-day simple moving average (SMA200) of $80.93.

The stock witnessed a 47.63% gain in the last 1 month and extending the period to 3 months gives it a 45.86%, and is 7.53% up 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 6.00% over the week and 11.60% over the month.

GSX Techedu Inc. (GSX) has around 6435 employees, a market worth around $24.01B and $901.60M in sales. Profit margin for the company is -10.40%. Distance from 52-week low is 281.63% and -30.71% from its 52-week high. The company has generated returns on investments over the last 12 months (12.80%).

GSX Techedu Inc. (GSX) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for GSX Techedu Inc. (GSX) is a “Hold”. 13 analysts offering their recommendations for the stock have an average rating of 3.20, where 6 rate it as a Hold and 1 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 4 analysts have rated the stock as a Sell or Underperform.

GSX Techedu Inc. is expected to release its quarterly report on 05/12/2021 and quarterly earnings per share for the current quarter are estimated at -$0.38 with sales reaching $328.58M over the same period.The EPS is expected to shrink by -652.90% this year, but quarterly earnings will post 258.50% year-over-year. Quarterly sales are estimated to grow 148.20% in year-over-year returns.

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