Gaotu Techedu Inc ADR (NYSE: GOTU) is -19.61% lower on its value in year-to-date trading and has touched a low of $2.22 and a high of $8.44 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 GOTU stock was last observed hovering at around $3.05 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $2.91, the stock is 0.76% and -25.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -4.59% at the moment leaves the stock -43.16% off its SMA200. GOTU registered 12.36% gain for a year compared to 6-month loss of -58.01%. The firm has a 50-day simple moving average (SMA 50) of $3.8496 and a 200-day simple moving average (SMA200) of $5.1201.
The stock witnessed a -28.68% gain in the last 1 month and extending the period to 3 months gives it a -41.80%, and is 10.65% 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 6.23% over the week and 7.19% over the month.
Gaotu Techedu Inc ADR (GOTU) has around 7767 employees, a market worth around $432.14M and $485.37M in sales. Profit margin for the company is -17.62%. Distance from 52-week low is 31.08% and -65.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.85%).
Gaotu Techedu Inc ADR quarterly earnings per share for the current quarter are estimated at -0.11 with sales reaching $172.47M over the same period.The EPS is expected to shrink by -11376.88% this year, but quarterly earnings will post 53.60% year-over-year. Quarterly sales are estimated to grow 55.80% in year-over-year returns.
The shares outstanding are 148.50M, and float is at 148.41M with Short Float at 6.05%.
The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 7.73 million shares valued at $37.85 million. The investor’s holdings represent 2.9885 of the GOTU Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 7.41 million shares valued at $36.29 million to account for 2.8648 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.52 million shares representing 2.1372 and valued at over $27.07 million, while TIGER PACIFIC CAPITAL LP holds 2.0821 of the shares totaling 5.38 million with a market value of $26.37 million.
