Kingsoft Cloud Holdings Ltd ADR (KC) expanding its growth trajectory ahead

With 4.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.02 million shares. The 52-week range on KC shows that it touched its highest point at $22.26 and its lowest point at $2.02 during that stretch. It currently has a 1-year price target of $14.13. Beta for the stock currently stands at 2.30.

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 KC was up-trending over the past week, with a rise of 19.14%, but this was up by 117.12% over a month. Three-month performance surged to 376.27% while six-month performance rose 772.15%. The stock gained 677.07% in the past year, while it has gained 97.04% so far this year. A look at the trailing 12-month EPS for KC yields -1.18 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.10. This implies an EPS growth rate of 12.97% for this year and 65.45% for next year. EPS is expected to grow by 45.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.55%.

Float and Shares Shorts:

At present, 253.69 million KC shares are outstanding with a float of 253.68 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KC since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$7.81127 being high and -$8.10605 being low. For KC, this leads to a yearly average estimate of -$7.95866. Based on analyst estimates, the high estimate for the next quarter is -$0.39 and the low estimate is -$1.15. The average estimate for the next quarter is thus -$0.77.