17 Education & Technology Group Inc. (NASDAQ: YQ) is -45.51% lower on its value in year-to-date trading and has touched a low of $6.50 and a high of $23.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YQ stock was last observed hovering at around $7.49 in the last trading session, with the day’s loss setting it -0.51% off its average median price target of $120.59 for the next 12 months. It is also 94.36% off the consensus price target high of $123.72 offered by 3 analysts, but current levels are 93.69% higher than the price target low of $110.70 for the same period.
Currently trading at $6.98, the stock is -26.72% and -46.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing -6.81% at the moment leaves the stock -47.72% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $11.65 and a 200-day simple moving average (SMA200) of $13.35.
The stock witnessed a -37.12% in the last 1 month and extending the period to 3 months gives it a -45.51%, and is 1.45% 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 12.22% over the week and 10.35% over the month.
17 Education & Technology Group Inc. (YQ) has around 2613 employees, a market worth around $1.28B and $121.80M in sales. Distance from 52-week low is 7.38% and -70.83% from its 52-week high. The company has generated returns on investments over the last 12 months (22.70%).
17 Education & Technology Group Inc. (YQ) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for 17 Education & Technology Group Inc. (YQ) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
17 Education & Technology Group Inc. is expected to release its quarterly report on 09/01/2021 and quarterly earnings per share for the current quarter are estimated at -$0.43 with sales reaching $73.32M over the same period.The EPS is expected to shrink by -73.70% this year.
17 Education & Technology Group Inc. (YQ) Top Institutional Holders
32 institutions hold shares in 17 Education & Technology Group Inc. (YQ), with 69.53M shares held by insiders accounting for 36.20% while institutional investors hold 16.11% of the company’s shares. The shares outstanding are 183.10M, and float is at 51.80M with Short Float at 1.07%. Institutions hold 10.28% of the Float.
The top institutional shareholder in the company is Galileo (PTC) Ltd with over 6.02 million shares valued at $77.16 million. The investor’s holdings represent 3.57% of the YQ Shares outstanding. As of Dec 30, 2020, the second largest holder is Hillhouse Capital Advisors Ltd. with 4.64 million shares valued at $59.48 million to account for 2.75% of the shares outstanding. The other top investors are Marshall Wace Asia Ltd which holds 1.34 million shares representing 0.80% and valued at over $17.17 million, while Sylebra Capital Ltd holds 0.59% of the shares totaling 1.0 million with a market value of $12.81 million.