EHang Holdings Ltd ADR (EH) stock price forecast predicts $21.75 value

A share price of EHang Holdings Ltd ADR [EH] is currently trading at $12.34, up 3.87%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EH shares have gain 6.20% over the last week, with a monthly amount glided 4.49%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

EHang Holdings Ltd ADR [NASDAQ: EH] stock has seen the most recent analyst activity on August 28, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $22. Previously, Morgan Stanley started tracking the stock with Overweight rating on May 06, 2024, and set its price target to $27.50. On October 16, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $30.50 on the stock. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $4 on October 27, 2022. Morgan Stanley downgraded its rating to Equal-Weight for this stock on April 13, 2021, but kept the price target unchanged to $33. In a note dated February 07, 2020, Needham initiated an Buy rating and provided a target price of $14 on this stock.

EHang Holdings Ltd ADR experienced fluctuations in its stock price throughout the past year between $9.51 and $25.78. Currently, Wall Street analysts expect the stock to reach $21.75 within the next 12 months. EHang Holdings Ltd ADR [NASDAQ: EH] shares were valued at $12.34 at the most recent close of the market. An investor can expect a potential return of 76.26% based on the average EH price forecast.

Analyzing the EH fundamentals

Trailing Twelve Months sales for EHang Holdings Ltd ADR [NASDAQ:EH] were 34.45M which represents 888.29% growth. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -1.16%, Pretax Profit Margin comes in at -1.1%, and Net Profit Margin reading is -1.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.84 and Total Capital is -0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.

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 12.00 points at the first support level, and at 11.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.67, and for the 2nd resistance point, it is at 13.01.

Ratios To Look Out For

To put it in perspective, the Current Ratio for EHang Holdings Ltd ADR [NASDAQ:EH] is 2.12. As well, the Quick Ratio is 1.99, while the Cash Ratio is 1.17. Considering the valuation of this stock, the price to sales ratio is 15.76, the price to book ratio is 8.91.

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