Noah Holdings Ltd ADR [NOAH] stock is trading at $12.33, up 11.48%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NOAH shares have gain 37.31% over the last week, with a monthly amount glided 46.61%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Noah Holdings Ltd ADR [NYSE: NOAH] stock has seen the most recent analyst activity on May 30, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $13 from $18. Previously, UBS upgraded its rating to Buy on November 13, 2023, and elevated its price target to $18. On August 29, 2023, upgrade upgraded it’s rating to Overweight but maintained its price target of $18 on the stock. JP Morgan downgraded its rating to a Neutral but stick to its price target of $1524 on November 23, 2022. JP Morgan upgraded its rating to a Overweight and raised its price target to $22 on June 22, 2022. JP Morgan downgraded its rating to Neutral for this stock on November 24, 2021, but kept the price target unchanged to $50. In a note dated April 26, 2021, JP Morgan upgraded an Overweight rating on this stock but restated the target price of $53.
Noah Holdings Ltd ADR [NOAH] stock has fluctuated between $7.14 and $13.86 over the past year. Currently, Wall Street analysts expect the stock to reach $22.75 within the next 12 months. Noah Holdings Ltd ADR [NYSE: NOAH] shares were valued at $12.33 at the most recent close of the market. An investor can expect a potential return of 84.51% based on the average NOAH price forecast.
Analyzing the NOAH fundamentals
Noah Holdings Ltd ADR [NYSE:NOAH] reported sales of 390.80M for the trailing twelve months, which represents a drop of -36.13%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.07 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 11.56 points at the first support level, and at 10.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.12, and for the 2nd resistance point, it is at 13.92.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.09, the price to book ratio is 0.06 and price to earnings (TTM) ratio is 2.25.
