Gaotu Techedu Inc. (NYSE: GOTU) is 83.90% higher on its value in year-to-date trading and has touched a low of $0.64 and a high of $5.49 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 GOTU stock was last observed hovering at around $4.73 in the last trading session, with the day’s loss setting it -0.39% off its average median price target of $18.13 for the next 12 months. It is also 84.04% off the consensus price target high of $27.20 offered by 2 analysts, but current levels are 52.1% higher than the price target low of $9.06 for the same period.
Currently trading at $4.34, the stock is 6.32% and 15.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.69 million and changing -8.25% at the moment leaves the stock 106.61% off its SMA200. GOTU registered 181.82% gain for a year compared to 6-month gain of 169.57%.
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The stock witnessed a 43.23% loss in the last 1 month and extending the period to 3 months gives it a 150.87%, and is -17.49% 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 11.47% over the week and 11.91% over the month.
Gaotu Techedu Inc. (GOTU) has around 9015 employees, a market worth around $1.12B and $358.80M in sales. Current P/E ratio is 723.33 and Fwd P/E is 20.67. Profit margin for the company is 0.50%. Distance from 52-week low is 577.91% and -20.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.30%).
Gaotu Techedu Inc. (GOTU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Gaotu Techedu Inc. (GOTU) is a “Underweight”. 2 analysts offering their recommendations for the stock have an average rating of 3.00, where 0 rate it as a Hold and 1 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Gaotu Techedu Inc. is expected to release its quarterly report on 05/10/2023.The EPS is expected to grow by 100.40% this year.
Gaotu Techedu Inc. (GOTU) Top Institutional Holders
The shares outstanding are 259.13M, and float is at 251.24M with Short Float at 4.29%.