Gaotu Techedu Inc. [GOTU] gain 48.73% so far this year. What now?

Gaotu Techedu Inc. [NYSE: GOTU] traded at a high on 08/29/23, posting a 4.46 gain after which it closed the day’ session at $3.51. The company report on August 8, 2023 at 2:00 AM that Gaotu Techedu to Report Second Quarter 2023 Financial Results on August 30, 2023.

Gaotu Techedu Inc. (“Gaotu” or the “Company”) (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2023, before U.S. markets open on Wednesday, August 30, 2023.

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Gaotu’s management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, August 30, 2023 (8:00 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows:.

The results of the trading session contributed to over 3287243 shares changing hands. Over the past one week, the price volatility of Gaotu Techedu Inc. stands at 7.27% while the volatility over the past one month is 6.31%.

The market cap for GOTU stock reached $905.51 million, with 259.59 million shares outstanding and 252.35 million shares in the current float. Compared to the average trading volume of 2.48M shares, GOTU reached a trading volume of 3287243 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GOTU shares is $3.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GOTU stock is a recommendation set at 2.70. 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.

CLSA have made an estimate for Gaotu Techedu Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 13, 2023.

The Average True Range (ATR) for Gaotu Techedu Inc. is set at 0.24, with the Price to Sales ratio for GOTU stock in the period of the last 12 months amounting to 2.66. The Price to Book ratio for the last quarter was 2.05, with the Price to Cash per share for the same quarter was set at 1.82.

How has GOTU stock performed recently?

Gaotu Techedu Inc. [GOTU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.18. With this latest performance, GOTU shares dropped by -16.23% in over the last four-week period, additionally plugging by 4.78% over the last 6 months – not to mention a rise of 116.67% 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 GOTU stock in for the last two-week period is set at 56.72, with the RSI for the last a single of trading hit 63.09, and the three-weeks RSI is set at 54.28 for Gaotu Techedu Inc. [GOTU]. The present Moving Average for the last 50 days of trading for this stock 3.30, while it was recorded at 3.24 for the last single week of trading, and 3.20 for the last 200 days.

Gaotu Techedu Inc. [GOTU]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Gaotu Techedu Inc. [GOTU] shares currently have an operating margin of -4.73 and a Gross Margin at +71.94. Gaotu Techedu Inc.’s Net Margin is presently recorded at +0.53.

Return on Total Capital for GOTU is now -3.63, given the latest momentum, and Return on Invested Capital for the company is 0.41. Return on Equity for this stock inclined to 0.44, with Return on Assets sitting at 0.26. When it comes to the capital structure of this company, Gaotu Techedu Inc. [GOTU] has a Total Debt to Total Equity ratio set at 2.67. Additionally, GOTU Total Debt to Total Capital is recorded at 2.60, with Total Debt to Total Assets ending up at 1.69. Long-Term Debt to Equity for the company is recorded at 1.43, with the Long-Term Debt to Total Capital now at 1.39.

Reflecting on the efficiency of the workforce at the company, Gaotu Techedu Inc. [GOTU] managed to generate an average of $489 per employee. Receivables Turnover for the company is 18.22 with a Total Asset Turnover recorded at a value of 0.50.Gaotu Techedu Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.00 and a Current Ratio set at 3.10.

Earnings analysis for Gaotu Techedu Inc. [GOTU]

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 GOTU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gaotu Techedu Inc. go to 16.03%.

Insider trade positions for Gaotu Techedu Inc. [GOTU]

The top three institutional holders of GOTU stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in GOTU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in GOTU stock with ownership which is approximately 5.7381%.

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