A History of Outperforming Analyst Forecasts and Beating the Odds: Greenland Technologies Holding Corp (GTEC)

With 1.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.72 million shares. During the session, the Auto Parts company that operates in wider Consumer Cyclical sector, reached to the highest price of $2.16 whereas the lowest price it dropped to was $1.6611. The 52-week range on GTEC shows that it touched its highest point at $2.94 and its lowest point at $1.17 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 1.53.

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 GTEC was up-trending over the past week, with a rise of 53.49%, but this was up by 41.43% over a month. Three-month performance dropped to -2.46% while six-month performance fell -12.00%. The stock lost -10.41% in the past year, while it has gained 2.06% so far this year.

Float and Shares Shorts:

At present, 13.59 million GTEC shares are outstanding with a float of 7.18 million shares on hand for trading. On 2025-03-14, short shares totaled 10411.0, which was 8.0 higher than short shares on 1739491200. In addition to Mr. Peter Zuguang Wang as the firm’s Founder & Chairman of the Board, Mr. Jing Jin serves as its CFO & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.124060005 of GTEC’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 2024-09-30, GTEC reported revenue of $19369717.0 and operating income of $4634520.0. The EBITDA in the recently reported quarter was $5104501.0 and diluted EPS was $nan.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With GTEC analysts setting a high price target of 13.0 and a low target of 13.0, the average target price over the next 12 months is 13.0. Based on these targets, GTEC could surge 556.57% to reach the target high and rise by 556.57% to reach the target low. Reaching the average price target will result in a growth of 556.57% from current levels.

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 $0.56982 being high and $0.55018 being low. For GTEC, this leads to a yearly average estimate of $0.56.