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Youdao Inc. (DAO) Stock Could Soon Reward Patient Investors

Youdao Inc. (NYSE: DAO) is 2.22% higher on its value in year-to-date trading and has touched a low of $19.02 and a high of $47.70 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 DAO stock was last observed hovering at around $25.78 in the last trading session, with the day’s gains setting it 1.34% off its average median price target of $272.49 for the next 12 months. It is also 91.29% off the consensus price target high of $311.46 offered by 11 analysts, but current levels are 85.52% higher than the price target low of $187.34 for the same period.

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Currently trading at $27.12, the stock is 8.04% and -5.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing 5.20% at the moment leaves the stock -11.12% off its SMA200. DAO registered 33.40% gain for a year compared to 6-month loss of 2.57%. The firm has a 50-day simple moving average (SMA 50) of $27.41 and a 200-day simple moving average (SMA200) of $29.23.

The stock witnessed a 17.96% gain in the last 1 month and extending the period to 3 months gives it a -32.20%, and is 3.04% 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 5.70% over the week and 6.20% over the month.

Youdao Inc. (DAO) has around 1699 employees, a market worth around $3.35B and $488.00M in sales. Profit margin for the company is -55.30%. Distance from 52-week low is 42.59% and -43.14% from its 52-week high. The company has generated returns on investments over the last 12 months (341.50%).

Youdao Inc. (DAO) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Youdao Inc. (DAO) is a “Overweight”. 11 analysts offering their recommendations for the stock have an average rating of 1.70, where 3 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Youdao Inc. is expected to release its quarterly report on 08/19/2021 and quarterly earnings per share for the current quarter are estimated at -$0.52 with sales reaching $181.44M over the same period.The EPS is expected to shrink by -132.60% this year, but quarterly earnings will post 91.70% year-over-year. Quarterly sales are estimated to grow 134.50% in year-over-year returns.

Youdao Inc. (DAO) Top Institutional Holders

65 institutions hold shares in Youdao Inc. (DAO), with 5.07M shares held by insiders accounting for 4.45% while institutional investors hold 58.11% of the company’s shares. The shares outstanding are 113.90M, and float is at 91.08M with Short Float at 1.11%. Institutions hold 55.53% of the Float.

The top institutional shareholder in the company is Orbis Allan Gray Ltd with over 10.27 million shares valued at $272.42 million. The investor’s holdings represent 29.47% of the DAO Shares outstanding. As of Dec 30, 2020, the second largest holder is Coronation Fund Managers Ltd. with 1.34 million shares valued at $35.63 million to account for 3.85% of the shares outstanding. The other top investors are Sylebra Capital Ltd which holds 1.17 million shares representing 3.36% and valued at over $31.07 million, while Credit Suisse Ag/ holds 3.18% of the shares totaling 1.11 million with a market value of $29.37 million.

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