MINISO Group Holding Ltd ADR (NYSE:MNSO) price on current trading day, fall -11.23% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $18.45.
A look at the stock’s price movement, the level at last check in today’s session was $20.79, moving within a range at $17.6 and $19.58. The beta value (5-Year monthly) was 0.11 while the PE ratio in trailing twelve months stood at 15.47. Turning to its 52-week performance, $27.71 and $12.51 were the 52-week high and 52-week low respectively. Overall, MNSO moved -18.74% over the past month.
MINISO Group Holding Ltd ADR’s market cap currently stands at around $5.69 billion, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-28. The company has a Forward Dividend ratio of 0.27, with its dividend yield at 1.49%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 4.51B for the company’s revenue for the quarter, with a low and high estimate of 4.51B and 4.51B respectively. The average forecast suggests up to a 21.23% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 21.18B, representing a 24.64% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MNSO is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend MNSO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MNSO’s current price about -9.15% and -15.69% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.73, while 7-day volatility ratio is 3.63% and 4.09% in the 30-day chart. Further, MINISO Group Holding Ltd ADR (MNSO) has a beta value of 0.11, and an average true range (ATR) of 1.21. Analysts have given the company’s stock an average 52-week price target of $14.91, forecast between a low of $13 and high of $26.8. Looking at the price targets, the low is 29.54% off recent price level in today’s trading while to achieve the yearly target high, it has to move -45.26%. Nonetheless, investors will most likely welcome a 19.19% jump to $14.91 which is the analysts’ median price.
If we refocus on MINISO Group Holding Ltd ADR (NYSE:MNSO), historical trading data shows that trading volumes averaged 1.09 over the past 10 days and 1.07 million over the past 3 months. The company’s latest data on shares outstanding shows there are 310.69 million shares.
The 0.85% of MINISO Group Holding Ltd ADR’s shares are in the hands of company insiders while institutional holders own 10.37% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.59 million on 2025-02-28, giving us a short ratio of 6.68. The data shows that as of 2025-02-28 short interest in MINISO Group Holding Ltd ADR (MNSO) stood at 328.0 of shares outstanding, with shares short rising to 6.01 million registered in 2025-01-31. Current price change has pushed the stock -22.75% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MNSO stock continues to rise going into the next quarter.
