Tuesday, March 9, 2021

NIO Limited [NIO] moved down -7.92: Why It’s Important

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NIO Limited [NYSE: NIO] closed the trading session at $50.68 on 02/22/21. The day’s price range saw the stock hit a low of $50.40, while the highest price level was $54.37. The company report on February 8, 2021 that NIO Inc. to Report Fourth Quarter and Full Year 2020 Financial Results on Monday, March 1, 2021.

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NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, announced that it will report its fourth quarter and full year 2020 unaudited financial results on Monday, March 1, 2021, after the close of the U.S. markets.


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The Company’s management will host an earnings conference call at 8:00 PM U.S. Eastern Time on March 1, 2021 (9:00 AM Beijing/Hong Kong Time on March 2, 2021).

The stocks have a year to date performance of 3.98 percent and weekly performance of -15.32 percent. The stock has been moved at 267.78 percent over the last six months. The stock has performed -13.13 percent around the most recent 30 days and changed 12.47 percent over the most recent 3-months.

If compared to the average trading volume of 126.69M shares, NIO reached to a volume of 67825823 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about NIO Limited [NIO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NIO shares is $54.84 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NIO stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for NIO Limited shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 29, 2021. While these analysts kept the previous recommendation, Nomura raised their target price to Buy. The new note on the price target was released on January 22, 2021, representing the official price target for NIO Limited stock. Previously, the target price had yet another raise to $60, while Jefferies analysts kept a Hold rating on NIO stock. On January 12, 2021, analysts increased their price target for NIO shares from 46.40 to 68.30.

The Average True Range (ATR) for NIO Limited is set at 3.55, with the Price to Sales ratio for NIO stock in the period of the last 12 months amounting to 41.02. The Price to Book ratio for the last quarter was 49.69, with the Price to Cash per share for the same quarter was set at 2.19.

NIO stock trade performance evaluation

NIO Limited [NIO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.32. With this latest performance, NIO shares dropped by -13.13% in over the last four-week period, additionally plugging by 267.78% over the last 6 months – not to mention a rise of 1142.16% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NIO stock in for the last two-week period is set at 37.50, with the RSI for the last a single of trading hit 28.74, and the three-weeks RSI is set at 43.39 for NIO Limited [NIO]. The present Moving Average for the last 50 days of trading for this stock 53.97, while it was recorded at 55.34 for the last single week of trading, and 28.15 for the last 200 days.

NIO Limited [NIO]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and NIO Limited [NIO] shares currently have an operating margin of -141.59 and a Gross Margin at -21.98. NIO Limited’s Net Margin is presently recorded at -145.86.

Return on Total Capital for NIO is now -128.15, given the latest momentum, and Return on Invested Capital for the company is -215.78. Return on Equity for this stock declined to -3,612.71, with Return on Assets sitting at -68.28. Additionally, NIO Total Debt to Total Capital is recorded at 243.19, with Total Debt to Total Assets ending up at 73.37.

Receivables Turnover for the company is 3.25 with a Total Asset Turnover recorded at a value of 0.47.NIO Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.30 and a Current Ratio set at 2.40.

Earnings per share (EPS) analysis for NIO Limited [NIO] stock

With the latest financial reports released by the company, NIO Limited posted -0.39/share EPS, while the average EPS was predicted by analysts to be reported at -0.26/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -50.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NIO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NIO Limited go to -0.15%.

NIO Limited [NIO]: Insider Ownership positions

There are presently around $23,463 million, or 36.90% of NIO stock, in the hands of institutional investors. The top three institutional holders of NIO stocks are: BAILLIE GIFFORD & CO with ownership of 107,907,768, which is approximately -0.944% of the company’s market cap and around 0.56% of the total institutional ownership; BLACKROCK INC., holding 61,499,542 shares of the stock with an approximate value of $3.12 billion in NIO stocks shares; and VANGUARD GROUP INC, currently with $2.01 billion in NIO stock with ownership of nearly 16.592% of the company’s market capitalization.

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Positions in NIO Limited stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 429 institutional holders increased their position in NIO Limited [NYSE:NIO] by around 88,698,283 shares. Additionally, 156 investors decreased positions by around 78,563,519 shares, while 23 investors held positions by with 295,707,879 shares. The mentioned changes placed institutional holdings at 462,969,681 shares, according to the latest SEC report filing. NIO stock had 239 new institutional investments in for a total of 15,460,236 shares, while 53 institutional investors sold positions of 22,097,449 shares during the same period.

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