With 2.49 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.44 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 $22.63. With its current market cap of 5.38 billion, MNSO has annualized dividend of $0.60 while the current yield stands at 3.45%. Beta for the stock currently stands at 0.18.
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 -16.22%, but this was up by 2.11% over a month. Three-month performance dropped to -15.81% while six-month performance fell -1.64%. The stock lost -21.33% in the past year, while it has lost -27.12% so far this year. A look at the trailing 12-month EPS for MNSO yields 1.09 with Next year EPS estimates of 1.56. For the next quarter, that number is 0.25. This implies an EPS growth rate of 6.75% for this year and 25.15% for next year.
Float and Shares Shorts:
At present, 308.50 million MNSO shares are outstanding with a float of 306.23 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 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 $9.05954 being high and $8.48434 being low. For MNSO, this leads to a yearly average estimate of $8.70004. Based on analyst estimates, the high estimate for the next quarter is $2.31 and the low estimate is $2.23. The average estimate for the next quarter is thus $2.27.
