With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.37 million shares. The 52-week range on MNSO shows that it touched its highest point at $27.71 and its lowest point at $12.51 during that stretch. It currently has a 1-year price target of $27.38. With its current market cap of 6.41 billion, MNSO has annualized dividend of $0.27 while the current yield stands at 1.33%. Beta for the stock currently stands at 0.10.
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 MNSO was down-trending over the past week, with a drop of -6.17%, but this was down by -9.41% over a month. Three-month performance surged to 21.78% while six-month performance rose 30.37%. The stock gained 11.01% in the past year, while it has lost -13.39% so far this year. A look at the trailing 12-month EPS for MNSO yields 1.19 with Next year EPS estimates of 1.48. For the next quarter, that number is 0.33. This implies an EPS growth rate of 54.81% for this year and 23.34% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MNSO since 2 analysts follow the stock currently. There are 2 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.
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 $9.07766 being high and $8.50131 being low. For MNSO, this leads to a yearly average estimate of $8.71744. Based on analyst estimates, the high estimate for the next quarter is $2.24 and the low estimate is $2.24. The average estimate for the next quarter is thus $2.24.
