With 2.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.39 million shares. The 52-week range on VNET shows that it touched its highest point at $4.19 and its lowest point at $1.39 during that stretch. It currently has a 1-year price target of $4.19. Beta for the stock currently stands at -0.29.
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 VNET was down-trending over the past week, with a drop of -0.65%, but this was down by -3.77% over a month. Three-month performance dropped to -48.31% while six-month performance fell -51.43%. The stock lost -60.26% in the past year, while it has lost -46.69% so far this year. A look at the trailing 12-month EPS for VNET yields -0.27 with Next year EPS estimates of -0.24. For the next quarter, that number is -0.08. This implies an EPS growth rate of 67.28% for this year and -2.13% for next year. EPS is expected to grow by 4.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.38%.
Float and Shares Shorts:
At present, 143.32 million VNET shares are outstanding with a float of 129.91 million shares on hand for trading. On Feb 15, 2024, short shares totaled 10.26 million, which was 3.99% higher than short shares on Jan 12, 2024. In addition to NET as the firm’s Cloudflare, Inc., ANET serves as its Arista Networks, Inc.
Institutional Ownership:
Through their ownership of 56.50% of VNET’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VNET 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.
Dividends & Yield:
In terms of dividends, VNET has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and VNET currently yields $0.00. In the past year, VNET’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, VNET has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.
