With 2.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.1 million shares. During the session, the Auto Manufacturers company that operates in wider Consumer Cyclical sector, reached to the highest price of $22.91 whereas the lowest price it dropped to was $20.255. The 52-week range on ZK shows that it touched its highest point at $32.24 and its lowest point at $13.00 during that stretch. It currently has a 1-year price target of $33.86.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZK was down-trending over the past week, with a drop of -18.08%, but this was down by -3.92% over a month. Three-month performance surged to 22.60% while six-month performance fell -21.77%. A look at the trailing 12-month EPS for ZK yields -4.75 with Next year EPS estimates of -1.23. For the next quarter, that number is -0.70. This implies an EPS growth rate of 30.46% for this year and 64.18% for next year.
Float and Shares Shorts:
On 2024-10-31, short shares totaled 1.88 million, which was 76.0 higher than short shares on 1727654400. In addition to Mr. Shufu Li as the firm’s Founder & Chairman of the Board, Mr. Cong Hui An serves as its Co-founder, CEO & Director.
Institutional Ownership:
Through their ownership of 0.023120001 of ZK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, ZK reported revenue of $20040051000.0 and operating income of -$1721026000.0. The EBITDA in the recently reported quarter was -$1600446000.0 and diluted EPS was -$9.5.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZK since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ZK analysts setting a high price target of 282.122 and a low target of 171.086, the average target price over the next 12 months is 235.86267. Based on these targets, ZK could surge 1287.03% to reach the target high and rise by 741.13% to reach the target low. Reaching the average price target will result in a growth of 1059.6% from current levels.
Analysts have provided yearly estimates in a range of -$0.53784 being high and -$6.31172 being low. For ZK, this leads to a yearly average estimate of -$3.43269. Based on analyst estimates, the high estimate for the next quarter is -$0.42 and the low estimate is -$0.42. The average estimate for the next quarter is thus -$0.42.
