At the latest market close, QuantaSing Group Limited Unsponsored ADR (QSG) hit $2.27, up +1.79% from the previous day. The stock outperformed the S&P 500, which recorded a daily gain of 0.7%, while the Dow recorded a gain of 0.01% and the tech-heavy Nasdaq recorded a 1.1% increase.
Shares of the company have lost 32.42% over the past month, lagging the Consumer Discretionary sector’s loss of 0.98% and the S&P 500’s gain of 4.03%.
Quantasin Group Limited Unsponsored ADR’s upcoming earnings release will be of interest to investors. The company is expected to post EPS of $0.16, up 166.67% from the year-ago period. Our most recent consensus estimate is calling for quarterly revenue of $129.02 million, up 9.77% from the year-ago period.
Looking at the full fiscal year, our Zacks Consensus Estimates are projecting earnings of $0.76 per share and revenue of $518.06 million, which would represent changes of +406.67% and +11.81%, respectively, from the prior year.
Additionally, investors should also note any recent revisions to analyst estimates for QuantaSing Group Limited’s Unsponsored ADRs. These revisions help indicate constant changes in short-term business trends. Therefore, positive changes in estimates mean that analysts are optimistic about the company’s business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices, and investors can take advantage of this by using the Zacks Rank, whose model takes these estimate changes into account and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the last 30 days, the Zacks Consensus EPS estimate has not changed. QuantaSing Group Limited Unsponsored ADR currently has a Zacks Rank #3 (Hold).
From a valuation perspective, QuantaSing Group Limited’s Unsponsored ADR is currently trading at a Forward P/E ratio of 2.95, which marks a discount compared to its industry’s average Forward P/E ratio of 19.76.
The Schools industry belongs to the Consumer Discretionary sector. Its current Zacks Industry Rank of #37 puts this industry in the top 15% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by determining the average Zacks Rank of the individual stocks that make up the groups, and our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To track QSG in the upcoming trading sessions, be sure to utilize Zacks.com.
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QuantaSing Group Limited Unsponsored ADR (QSG) : Free Stock Analysis Report
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