GSX Techedu Inc. (NYSE:GSX) concluded the trading at $86.31 on Friday, Jan 22 with a rise of 10.54% from its closing price on previous day.

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Taking a look at stock we notice that its last check on previous day was $78.08 and 5Y monthly beta was reading 0 with its price kept floating in the range of $78.68 and $88.13 on the day. Company’s P/E ratio for the trailing 12 months is 0. Considering stock’s 52-week price range provides that GSX hit a high price of $141.78 and saw its price falling to a low level of $27.06 during that period. Over a period of past 1-month, stock came adding 30.35% in its value.

With its current market valuation of $18.19 Billion, GSX Techedu Inc. is set to declare its quarterly results on November 20, 2020. GSX Stock’s Forward Dividend of 0 and its yield of 0% are making investors’ thoughts stronger that it could fall further before the company announces its earnings for the current quarter. Analysts are in estimates of -$0.38 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving down to -$0.73 for 2021 with estimates of that growing to -$0.47 in next year. These estimates are suggesting current year growth of -5.29% for EPS and -0.36% growth next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $328.98 Million. They suggested that in the process company could generate revenue of as low as $321.7 Million which could climb up to $340.77 Million to hit a high. The average estimate is representing an increase of 148.5% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $1.09 Billion in 2021, which will be +259.1% more from revenue generated by the company last year.

In contrast, when we review GSX stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 100% Buy for it.

According to ratings assigned by 15 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 9 of them are recommending GSX Techedu Inc. (GSX) as a Hold, while 2 are in view that stock is a Buy. Recommendation by 1 analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas 3 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Hold and that encourages the investors to exploit the opportunity and build their stake up in the company.

In comparing GSX Techedu Inc. (GSX)’s stock with other industry players reveals that stock’s latest price change of +10.54% and that of +121.5% over the past 12 months is in competing position with that of Spotify Technology S.A. (SPOT) which saw its stock price fell by -2.16% in the recent trading and went through an increase of 135.15% in past 12-month trading. Industry’s another major player Docusign Inc (DOCU) has jumped 0.19% up in latest trading session, but over the past year has faced arise of 241.23%, while Thomson Reuters Corp (TRI) was also up 10.54% however its price remained floating in the green at 121.5% over the same period. GSX Techedu Inc. has a P/E ratio of 0 against that of Spotify Technology S.A.’s 0 while Docusign Inc is showing 0 for the same. On the other hand, the S&P 500 Index is down -0.16% in the early deals today while the Dow Jones Industrial was dealinglower at -0.29%.


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Having a second look at GSX Techedu Inc. (NYSE:GSX) provides that stock’s average daily trading volume for 3 months was 4.42 Million, while it jumped to 7.43 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 238.44 Million.

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Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 0% while it is 64.39% for the institutional holders. The figures also indicate that as of December 30, 2020, number of stock’s short shares was 53970000 which implies a short ratio of 13.68. This shows up a 22.63% of Short Interest in company’s outstanding shares on the day. In December the standing of shares short improved as it was 40.96 Million in the previous month. Addition of +51% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.


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