Market Analysts see GSX Techedu Inc. [GSX] falling to $37. Time to buy?

GSX Techedu Inc. [NYSE: GSX] traded at a low on 04/12/21, posting a -6.59 loss after which it closed the day’ session at $25.37. The company report on April 9, 2021 that GSX Firmly Denies Allegations in Grizzly Report.

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GSX Techedu Inc. (NYSE: GSX) (“GSX” or the “Company”), a leading online K-12 large-class after-school tutoring service provider in China, firmly denies the false and ungrounded allegations raised in a report by Grizzly Research dated April 8, 2021. The Company strongly believes that the report contains numerous errors, unsubstantiated statements, and misinterpretation of information.

GSX will consider any necessary and appropriate course of action to protect the interest of the Company and all of its shareholders, as well as its students, parents, employees and other stakeholders. The Company endeavors to provide full and accurate disclosure to investors and to rebut any false claims that attempt to impair market confidence in GSX’s business, operations and financial statements. GSX is committed to maintaining the highest standards of corporate governance, as well as transparent and timely disclosure in compliance with the applicable rules and regulations of the United States Securities and Exchange Commission and the New York Stock Exchange.

The results of the trading session contributed to over 12494569 shares changing hands. Over the past one week, the price volatility of GSX Techedu Inc. stands at 11.73% while the volatility over the past one month is 15.27%.

The market cap for GSX stock reached $7.08 billion, with 242.56 million shares outstanding and 123.90 million shares in the current float. Compared to the average trading volume of 11.41M shares, GSX reached a trading volume of 12494569 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about GSX Techedu Inc. [GSX]?

JP Morgan have made an estimate for GSX Techedu Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 07, 2021. While these analysts kept the previous recommendation, Citigroup dropped their target price from $66 to $56. The new note on the price target was released on March 29, 2021, representing the official price target for GSX Techedu Inc. stock. Previously, the target price had yet another raise from $68 to $76, while CLSA kept a Sell rating on GSX stock.

The Average True Range (ATR) for GSX Techedu Inc. is set at 6.79, with the Price to Sales ratio for GSX stock in the period of the last 12 months amounting to 6.51. The Price to Book ratio for the last quarter was 7.03, with the Price to Cash per share for the same quarter was set at 4.20.

How has GSX stock performed recently?

GSX Techedu Inc. [GSX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.79. With this latest performance, GSX shares dropped by -69.08% in over the last four-week period, additionally sinking by -75.16% over the last 6 months – not to mention a drop of -23.49% 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 GSX stock in for the last two-week period is set at 22.57, with the RSI for the last a single of trading hit 17.54, and the three-weeks RSI is set at 27.92 for GSX Techedu Inc. [GSX]. The present Moving Average for the last 50 days of trading for this stock 78.21, while it was recorded at 29.20 for the last single week of trading, and 78.87 for the last 200 days.

GSX Techedu Inc. [GSX]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and GSX Techedu Inc. [GSX] shares currently have an operating margin of -24.63 and a Gross Margin at +75.26. GSX Techedu Inc.’s Net Margin is presently recorded at -19.55.

Return on Total Capital for GSX is now -40.42, given the latest momentum, and Return on Invested Capital for the company is -32.92. Return on Equity for this stock declined to -36.70, with Return on Assets sitting at -19.03. When it comes to the capital structure of this company, GSX Techedu Inc. [GSX] has a Total Debt to Total Equity ratio set at 13.91. Additionally, GSX Total Debt to Total Capital is recorded at 12.21, with Total Debt to Total Assets ending up at 7.46. Long-Term Debt to Equity for the company is recorded at 11.24, with the Long-Term Debt to Total Capital now at 9.87.

GSX Techedu Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.00.

Earnings analysis for GSX Techedu Inc. [GSX]

With the latest financial reports released by the company, GSX Techedu Inc. posted 0.76/share EPS, while the average EPS was predicted by analysts to be reported at 0.57/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 33.30%. 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 GSX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GSX Techedu Inc. go to 16.03%.

Insider trade positions for GSX Techedu Inc. [GSX]

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Positions in GSX Techedu Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 93 institutional holders increased their position in GSX Techedu Inc. [NYSE:GSX] by around 37,513,350 shares. Additionally, 73 investors decreased positions by around 9,723,677 shares, while 14 investors held positions by with 62,798,800 shares. The mentioned changes placed institutional holdings at 110,035,827 shares, according to the latest SEC report filing. GSX stock had 38 new institutional investments in for a total of 6,632,833 shares, while 35 institutional investors sold positions of 2,935,220 shares during the same period.

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