At the time of writing, VNET Group Inc ADR [VNET] stock is trading at $6.0, up 2.74%. An important factor to consider is whether the stock is rising or falling in short-term value. The VNET shares have gain 8.11% over the last week, with a monthly amount glided 0.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
VNET Group Inc ADR [NASDAQ: VNET] stock has seen the most recent analyst activity on November 29, 2024, when Goldman upgraded its rating to a Buy and also boosted its price target to $5 from $3.10. Previously, HSBC Securities upgraded its rating to Buy on October 09, 2024, and kept the price target unchanged to $5.20. On March 19, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $2.70 on the stock. HSBC Securities downgraded its rating to a Hold and reduced its price target to $2.90 on June 12, 2023. Credit Suisse downgraded its rating to Neutral for this stock on September 01, 2022, and downed its price target to $5.90. In a note dated May 25, 2022, Goldman upgraded an Neutral rating on this stock but restated the target price of $6.50.
For the past year, the stock price of VNET Group Inc ADR fluctuated between $1.71 and $16.13. Currently, Wall Street analysts expect the stock to reach $6.48 within the next 12 months. VNET Group Inc ADR [NASDAQ: VNET] shares were valued at $6.0 at the most recent close of the market. An investor can expect a potential return of 8.0% based on the average VNET price forecast.
Analyzing the VNET fundamentals
According to VNET Group Inc ADR [NASDAQ:VNET], the company’s sales were 1.19B for trailing twelve months, which represents an 16.90% jump. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.02 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.88.
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 5.86 points at the first support level, and at 5.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.17, and for the 2nd resistance point, it is at 6.34.
Ratios To Look Out For
It is important to note that VNET Group Inc ADR [NASDAQ:VNET] has a current ratio of 1.10. On the other hand, the Quick Ratio is 1.10, and the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 1.90 and price to earnings (TTM) ratio is 102.04.
Transactions by insiders
Recent insider trading involved Blackstone Tactical Opportunit, Affiliate, that happened on Mar 17 ’25 when 10.4 million shares were purchased.
