Youdao Inc ADR [DAO] stock is trading at $4.36, down -5.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DAO shares have gain 6.86% over the last week, with a monthly amount glided 33.33%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 29, February 2024, Youdao Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results. In a post published today on Yahoo Finance, Youdao, Inc. (“Youdao” or the “Company”) (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.
From an analyst’s perspective:
Youdao Inc ADR [NYSE: DAO] stock has seen the most recent analyst activity on November 08, 2023, when Daiwa Securities downgraded its rating to a Neutral and also revised its price target to $4.60 from $7. Previously, Daiwa Securities upgraded its rating to Outperform on March 20, 2023, and elevated its price target to $9.50. On February 24, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $10 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $15 on March 07, 2022. Citigroup upgraded its rating to a Buy and raised its price target to $15.50 on February 25, 2022. Daiwa Securities upgraded its rating to Neutral for this stock on September 03, 2021, and upped its price target to $13.50. In a note dated August 30, 2021, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $29 to $11.40.
Youdao Inc ADR [DAO] stock has fluctuated between $2.94 and $10.00 over the past year. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Youdao Inc ADR [NYSE: DAO] shares were valued at $4.36 at the most recent close of the market. An investor can expect a potential return of 49.08% based on the average DAO price forecast.
Analyzing the DAO fundamentals
Youdao Inc ADR [NYSE:DAO] reported sales of 758.56M for the trailing twelve months, which represents a growth of 3.76%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is 0.32 and Total Capital is 0.36. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.23 points at the first support level, and at 4.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.57, and for the 2nd resistance point, it is at 4.78.
Youdao Inc ADR [DAO] reported earnings per share of -$0.08 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.12/share, meaning a difference of $0.04 and a surprise factor of 33.30%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.32 per share as compared to estimates of -$0.37 per share, a difference of $0.05 representing a surprise of 13.50%.
Ratios To Look Out For
For context, Youdao Inc ADR’s Current Ratio is 0.38. Further, the Quick Ratio stands at 0.32, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.20.
