NIO Inc. [NYSE: NIO] stock went on an upward path that rose over 0.17% on Friday, amounting to a one-week price decrease of less than -12.57%. The company report on April 5, 2022 that Megatrends: CEOs of NIO, NuRAN Wireless, Bitfarms, and First Energy Metals Focus on Next Wave of Billion Dollar Market Opportunities in Crypto, Electric Vehicles, Battery Metals, and Telecom in Developing Markets..
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Over the last 12 months, NIO stock dropped by -58.18%. The one-year NIO Inc. stock forecast points to a potential upside of 57.86. The average equity rating for NIO stock is currently 1.70, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $27.88 billion, with 1.57 billion shares outstanding and 1.26 billion shares in the current float. Compared to the average trading volume of 73.61M shares, NIO stock reached a trading volume of 60520536 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on NIO Inc. [NIO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NIO shares is $40.77 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 1.70. 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.
UBS have made an estimate for NIO Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 04, 2022. While these analysts kept the previous recommendation, China Renaissance raised their target price to Buy. The new note on the price target was released on March 24, 2022, representing the official price target for NIO Inc. stock.
The Average True Range (ATR) for NIO Inc. is set at 1.66, with the Price to Sales ratio for NIO stock in the period of the last 12 months amounting to 4.98. The Price to Book ratio for the last quarter was 7.13, with the Price to Cash per share for the same quarter was set at 4.14.
NIO Stock Performance Analysis:
NIO Inc. [NIO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.57. With this latest performance, NIO shares dropped by -21.44% in over the last four-week period, additionally sinking by -57.02% over the last 6 months – not to mention a drop of -58.18% 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 38.07, with the RSI for the last a single of trading hit 32.56, and the three-weeks RSI is set at 40.56 for NIO Inc. [NIO]. The present Moving Average for the last 50 days of trading for this stock 20.65, while it was recorded at 18.30 for the last single week of trading, and 32.50 for the last 200 days.
Insight into NIO Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and NIO Inc. [NIO] shares currently have an operating margin of -12.86 and a Gross Margin at +18.88. NIO Inc.’s Net Margin is presently recorded at -29.43.
Return on Total Capital for NIO is now -9.32, given the latest momentum, and Return on Invested Capital for the company is -26.23. Return on Equity for this stock declined to -34.33, with Return on Assets sitting at -15.43. When it comes to the capital structure of this company, NIO Inc. [NIO] has a Total Debt to Total Equity ratio set at 57.91. Additionally, NIO Total Debt to Total Capital is recorded at 36.67, with Total Debt to Total Assets ending up at 24.25. Long-Term Debt to Equity for the company is recorded at 34.73, with the Long-Term Debt to Total Capital now at 22.00.
Receivables Turnover for the company is 10.45 with a Total Asset Turnover recorded at a value of 0.52.NIO Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.00.
NIO Stock EPS
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 Inc. go to -0.15%.
NIO Inc. [NIO] Insider Position Details
There are presently around $9,303 million, or 36.80% of NIO stock, in the hands of institutional investors. The top three institutional holders of NIO stocks are: BAILLIE GIFFORD & CO with ownership of 88,858,365, which is approximately -1.952% of the company’s market cap and around 0.54% of the total institutional ownership; BLACKROCK INC., holding 64,036,975 shares of the stock with an approximate value of $1.1 billion in NIO stocks shares; and VANGUARD GROUP INC, currently with $803.84 million in NIO stock with ownership of nearly -1.587% of the company’s market capitalization.
Positions in NIO Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 302 institutional holders increased their position in NIO Inc. [NYSE:NIO] by around 89,593,659 shares. Additionally, 286 investors decreased positions by around 34,177,376 shares, while 95 investors held positions by with 417,746,896 shares. The mentioned changes placed institutional holdings at 541,517,931 shares, according to the latest SEC report filing. NIO stock had 112 new institutional investments in for a total of 10,250,040 shares, while 97 institutional investors sold positions of 5,456,210 shares during the same period.