Nothing is Better Than Gaotu Techedu Inc. (GOTU) stock at the moment

Gaotu Techedu Inc. (NYSE: GOTU) stock fell -0.38% on Friday to $2.60 against a previous-day closing price of $2.61. With 1.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.47 million shares. During the session, the Education & Training Services company that operates in wider Consumer Defensive sector, reached to the highest price of $2.6200 whereas the lowest price it dropped to was $2.5600. The 52-week range on GOTU shows that it touched its highest point at $5.49 and its lowest point at $0.64 during that stretch. It currently has a 1-year price target of $4.18. Beta for the stock currently stands at -0.51.

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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 GOTU was down-trending over the past week, with a drop of -3.70%, but this was down by -11.86% over a month. Three-month performance dropped to -29.35% while six-month performance fell -38.24%. The stock gained 69.93% in the past year, while it has gained 10.17% so far this year. A look at the trailing 12-month EPS for GOTU yields 0.03 with Next year EPS estimates of 0.19. EPS is expected to grow by 16.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 15.90%.

Float and Shares Shorts:

At present, 259.57 million GOTU shares are outstanding with a float of 253.98 million shares on hand for trading. On Aug 30, 2023, short shares totaled 7.1 million, which was 2.71% higher than short shares on Jul 30, 2023. In addition to Mr. Xiangdong Chen as the firm’s Founder, Chairman & CEO, Ms. Nan Shen serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 32.33% of GOTU’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 4.36% of GOTU, in contrast to 23.12% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in GOTU with 3.01% of the stake, The Vanguard Group, Inc. holds 4,492,640 shares worth 4,492,640. A second-largest stockholder of GOTU, Strategic Vision Investment Ltd., holds 4,226,338 shares, controlling over 2.83% of the firm’s shares. D. E. Shaw & Co. LP is the third largest shareholder in GOTU, holding 3,826,558 shares or 2.56% stake. With a 1.33% stake in GOTU, the Vanguard Emerging Markets Stock I is the largest stakeholder. A total of 1,979,014 shares are owned by the mutual fund manager. The Vanguard Total International Stoc, which owns about 1.24% of GOTU stock, is the second-largest Mutual Fund holder. It holds 1,846,600 shares valued at 5.32 million. Vanguard Institutional Total Intl holds 0.57% of the stake in GOTU, owning 850,575 shares worth 2.45 million.

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 Jun 29, 2023, GOTU reported revenue of $537.80M and operating income of -$60.49M. The EBITDA in the recently reported quarter was -$68.57M and diluted EPS was -$0.19.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GOTU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With GOTU analysts setting a high price target of $45.21 and a low target of $9.41, the average target price over the next 12 months is $28.20. Based on these targets, GOTU could surge 1638.85% to reach the target high and rise by 261.92% to reach the target low. Reaching the average price target will result in a growth of 984.62% 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.

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