MINISO Group Holding Limited Unsponsored ADR (MNSO) Falls More Sharply Than the Overall Market: Key Insights for Investors
MINISO Group Holding Limited Unsponsored ADR (MNSO) Market Update
At the close of the latest trading session, MINISO Group Holding Limited Unsponsored ADR (MNSO) finished at $18.19, reflecting a decline of 5.99% compared to the previous day's close. This drop outpaced the S&P 500's daily decrease of 0.54%. In contrast, the Dow Jones Industrial Average edged up by 0.03%, while the tech-focused Nasdaq slipped by 1.18%.
Over the past month, MNSO shares have advanced 2.49%. This performance stands out against the Retail-Wholesale sector, which fell 5.23%, and the S&P 500, which posted a modest gain of 0.58% during the same period.
Upcoming Earnings and Analyst Expectations
Investors are closely monitoring MINISO Group Holding Limited’s upcoming earnings report. Current consensus estimates project revenue of $859.03 million, representing a 33.05% increase from the same quarter last year.
For the full fiscal year, analysts anticipate earnings per share of $1.35 and total revenue of $3 billion. These figures would mark year-over-year growth of 17.39% and 26.95%, respectively.
Analyst Estimate Revisions and Zacks Rank
It's important for investors to pay attention to recent changes in analyst forecasts for MINISO Group Holding Limited Unsponsored ADR, as these updates often reflect the latest business trends. Upward revisions typically signal positive sentiment about the company’s outlook and profitability.
Our research indicates that these estimate changes often have a direct impact on short-term stock performance. To help investors navigate these shifts, the Zacks Rank system was developed, which incorporates estimate revisions into a straightforward rating scale.
The Zacks Rank ranges from #1 (Strong Buy) to #5 (Strong Sell) and has a long-standing record of outperforming the market, with #1 ranked stocks delivering an average annual return of 25% since 1988. Over the past month, the Zacks Consensus EPS estimate for MNSO has remained unchanged, and the stock currently holds a Zacks Rank of #3 (Hold).
Valuation Metrics
Currently, MINISO Group Holding Limited Unsponsored ADR is trading at a Forward Price-to-Earnings (P/E) ratio of 12.32, which is lower than the industry average Forward P/E of 19.45.
Additionally, MNSO has a PEG ratio of 1.27, a valuation measure that factors in expected earnings growth. This compares favorably to the industry average PEG ratio of 1.88 as of the previous market close.
Industry Overview
The Retail - Apparel and Shoes industry, part of the broader Retail-Wholesale sector, currently holds a Zacks Industry Rank of 30, placing it among the top 13% of over 250 industries tracked.
The Zacks Industry Rank evaluates the strength of industry groups by averaging the Zacks Ranks of the individual stocks within each group. Historically, industries ranked in the top half outperform those in the bottom half by a two-to-one margin.
For ongoing updates on these and other stock-related metrics, visit Zacks.com during upcoming trading sessions.
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Additional Resources
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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