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) Outpaces Stock Market Gains: What You Should Know
Read MoreHide Full Article
In the latest trading session, MINISO Group Holding Limited Unsponsored ADR (MNSO - Free Report) closed at $19.17, marking a +1.16% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.4%. At the same time, the Dow added 0.47%, and the tech-heavy Nasdaq gained 0.24%.
The company's shares have seen an increase of 6.52% over the last month, surpassing the Retail-Wholesale sector's gain of 4.05% and the S&P 500's gain of 4.61%.
Analysts and investors alike will be keeping a close eye on the performance of MINISO Group Holding Limited Unsponsored ADR in its upcoming earnings disclosure. Meanwhile, our latest consensus estimate is calling for revenue of $672.03 million, up 21.03% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.12 per share and revenue of $2.9 billion. These totals would mark changes of -2.61% and +22.75%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for MINISO Group Holding Limited Unsponsored ADR. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. MINISO Group Holding Limited Unsponsored ADR is currently a Zacks Rank #5 (Strong Sell).
In terms of valuation, MINISO Group Holding Limited Unsponsored ADR is presently being traded at a Forward P/E ratio of 17. This expresses a discount compared to the average Forward P/E of 17.54 of its industry.
Also, we should mention that MNSO has a PEG ratio of 1.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Retail - Apparel and Shoes industry was having an average PEG ratio of 1.97.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 212, positioning it in the bottom 15% of all 250+ industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming 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) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, MINISO Group Holding Limited Unsponsored ADR (MNSO - Free Report) closed at $19.17, marking a +1.16% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.4%. At the same time, the Dow added 0.47%, and the tech-heavy Nasdaq gained 0.24%.
The company's shares have seen an increase of 6.52% over the last month, surpassing the Retail-Wholesale sector's gain of 4.05% and the S&P 500's gain of 4.61%.
Analysts and investors alike will be keeping a close eye on the performance of MINISO Group Holding Limited Unsponsored ADR in its upcoming earnings disclosure. Meanwhile, our latest consensus estimate is calling for revenue of $672.03 million, up 21.03% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.12 per share and revenue of $2.9 billion. These totals would mark changes of -2.61% and +22.75%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for MINISO Group Holding Limited Unsponsored ADR. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. MINISO Group Holding Limited Unsponsored ADR is currently a Zacks Rank #5 (Strong Sell).
In terms of valuation, MINISO Group Holding Limited Unsponsored ADR is presently being traded at a Forward P/E ratio of 17. This expresses a discount compared to the average Forward P/E of 17.54 of its industry.
Also, we should mention that MNSO has a PEG ratio of 1.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Retail - Apparel and Shoes industry was having an average PEG ratio of 1.97.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 212, positioning it in the bottom 15% of all 250+ industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.