We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
MINISO Group Holding Limited Unsponsored ADR (MNSO) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
MINISO Group Holding Limited Unsponsored ADR (MNSO - Free Report) ended the recent trading session at $23.15, demonstrating a +1.14% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.95%. Elsewhere, the Dow lost 0.99%, while the tech-heavy Nasdaq lost 1.36%.
Heading into today, shares of the company had lost 7.96% over the past month, lagging the Retail-Wholesale sector's gain of 7.69% and the S&P 500's gain of 1.86% in that time.
The upcoming earnings release of MINISO Group Holding Limited Unsponsored ADR will be of great interest to investors.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for MINISO Group Holding Limited Unsponsored ADR. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, MINISO Group Holding Limited Unsponsored ADR is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that MINISO Group Holding Limited Unsponsored ADR has a Forward P/E ratio of 15.47 right now. This represents a premium compared to its industry's average Forward P/E of 15.26.
We can additionally observe that MNSO currently boasts a PEG ratio of 0.8. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Retail - Apparel and Shoes industry held an average PEG ratio of 1.23.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 74, this industry ranks in the top 30% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
MINISO Group Holding Limited Unsponsored ADR (MNSO) Rises As Market Takes a Dip: Key Facts
MINISO Group Holding Limited Unsponsored ADR (MNSO - Free Report) ended the recent trading session at $23.15, demonstrating a +1.14% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.95%. Elsewhere, the Dow lost 0.99%, while the tech-heavy Nasdaq lost 1.36%.
Heading into today, shares of the company had lost 7.96% over the past month, lagging the Retail-Wholesale sector's gain of 7.69% and the S&P 500's gain of 1.86% in that time.
The upcoming earnings release of MINISO Group Holding Limited Unsponsored ADR will be of great interest to investors.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for MINISO Group Holding Limited Unsponsored ADR. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, MINISO Group Holding Limited Unsponsored ADR is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that MINISO Group Holding Limited Unsponsored ADR has a Forward P/E ratio of 15.47 right now. This represents a premium compared to its industry's average Forward P/E of 15.26.
We can additionally observe that MNSO currently boasts a PEG ratio of 0.8. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Retail - Apparel and Shoes industry held an average PEG ratio of 1.23.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 74, this industry ranks in the top 30% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.