MINISO Group Holding Ltd ADR (NYSE: MNSO) is -33.19% lower on its value in year-to-date trading and has touched a low of $12.51 and a high of $27.71 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 MNSO stock was last observed hovering at around $14.31 in the last trading session, with the day’s gains setting it 1.65%.
Currently trading at $15.96, the stock is -15.17% and -22.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.97 million and changing 11.53% at the moment leaves the stock -17.49% off its SMA200. MNSO registered -24.89% loss for a year compared to 6-month loss of -21.84%. The firm has a 50-day simple moving average (SMA 50) of $20.4734 and a 200-day simple moving average (SMA200) of $19.34245.
The stock witnessed a -19.88% gain in the last 1 month and extending the period to 3 months gives it a -37.12%, and is -17.18% 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 9.69% over the week and 5.26% over the month.
Current P/E ratio is 13.64 and Fwd P/E is 9.62. Profit margin for the company is 15.40%. Distance from 52-week low is 27.58% and -42.40% from its 52-week high. The company has generated returns on investments over the last 12 months (21.72%).
with sales reaching $4.35B over the same period.The EPS is expected to grow by 17.96% this year, but quarterly earnings will post 23.41% year-over-year. Quarterly sales are estimated to grow 16.88% in year-over-year returns.
174.0 institutions hold shares in MINISO Group Holding Ltd ADR (MNSO), with institutional investors hold 10.89% of the company’s shares. The shares outstanding are 308.71M, and float is at 306.07M with Short Float at 2.13%. Institutions hold 10.78% of the Float.
The top institutional shareholder in the company is VICTORY CAPITAL MANAGEMENT INC with over 1.59 million shares valued at $30.29 million. The investor’s holdings represent 0.5096 of the MNSO Shares outstanding. As of 2024-06-30, the second largest holder is KEYWISE CAPITAL MANAGEMENT (HK) LTD with 5.19 million shares valued at $98.92 million to account for 0.4149 of the shares outstanding. The other top investors are UBS GROUP AG which holds 1.29 million shares representing 0.4139 and valued at over $24.6 million, while SCHRODER INVESTMENT MANAGEMENT GROUP holds 0.3959 of the shares totaling 4.95 million with a market value of $94.4 million.
