Stocks Stabilize as Trump Open to Talks on Tariffs
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MINISO Group Holding Limited Unsponsored ADR (MNSO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, MINISO Group Holding Limited Unsponsored ADR (MNSO) closed at $17.74, marking a -1.93% move from the previous day. This change lagged the S&P 500's daily loss of 0.33%. Elsewhere, the Dow lost 0.63%, while the tech-heavy Nasdaq lost 0.22%. Coming into today, shares of the company had lost 1.47% in the past month. In that same time, the Retail-Wholesale sector gained 0.67%, while the S&P 500 gained 4.07%. Investors will be eagerly watching for the performance of MINISO Group Holding Limited Unsponsored ADR in its upcoming earnings disclosure. In the meantime, our current consensus estimate forecasts the revenue to be $672.03 million, indicating a 21.03% growth compared to the corresponding quarter of the prior year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.12 per share and revenue of $2.9 billion, indicating changes of -2.61% and +22.75%, respectively, compared to the previous year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for MINISO Group Holding Limited Unsponsored ADR. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. MINISO Group Holding Limited Unsponsored ADR is currently a Zacks Rank #5 (Strong Sell). In terms of valuation, MINISO Group Holding Limited Unsponsored ADR is presently being traded at a Forward P/E ratio of 16.22. This indicates a discount in contrast to its industry's Forward P/E of 17.97. It is also worth noting that MNSO currently has a PEG ratio of 1.06. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 2.02 based on yesterday's closing prices. The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 209, putting it in the bottom 16% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MINISO Group Holding Limited Unsponsored ADR (MNSO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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an hour ago
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Tariffs will hit harder in the coming months, with traders growing weary of the trade drama, Morgan Stanley's CIO says
Tariff pain will be felt more acutely in the coming months, Mike Wilson says. The Morgan Stanley CIO predicts three consequences from tariffs that could show up this quarter. Stocks could take a hit as investors wait for more concrete trade deals to materialize, Wilson said. Morgan Stanley's chief investment officer says investors are growing weary of the trade drama, warning that tariffs' negative impacts could start showing up for companies and in markets soon. Mike Wilson, the chief US equity strategist at Morgan Stanley, said he foresaw a slew of consequences stemming from President Donald Trump's tariffs, which could begin to impact markets as soon as the third quarter. Investors have stayed relatively calm so far this week, despite Donald Trump escalating his trade war. The president announced fresh tariffs on more than 20 countries this week, a separate 50% tariff on copper imports, and pushed out his original deadline to August 1. "I would say, 'Here we go again,'" Wilson said, speaking to Bloomberg on Friday about the latest tariff announcements. Here's what Wilson sees ahead. Investors are familiar with Trump's tariff negotiating playbook after seeing the president whipsaw on his trade policy during Liberation Day, Wilson said. "I mean, this is President Trump's style. He goes hard, and then he, you know, he doesn't back off completely, but it's a back-and-forth," Wilson said. But traders hungry for more concrete trade deals could soon grow tired of the drama, Wilson said. Trump — whose team once pushed the idea of 90 trade deals in 90 days — hasn't nailed down many deals with trading partners yet. "That's not going to work forever. Eventually we have to get to some deals," Wilson said. "There will become a point of exhaustion, is the way I like to think about it." Corporations have been shielded from the impact of tariffs so far, thanks to businesses relying on existing inventory to sell products to consumers. But that could change in the next few months, Wilson said. Smaller corporations could be especially affected in third quarter earnings season, he added, as they don't have as much pricing power to be able to pass along the cost of tariffs to consumers. "It hasn't begun to flow through to pricing or margins. But that we think begins to change in the third quarter, and that could be the catalyst, because stocks will react to a hit in margins," he added. Inflation could also begin to creep higher in the third quarter as tariffs finally start to work their way through the economy, Wilson speculated. Tariffs are widely thought to raise inflation, as companies can hike prices to offset the cost of import duties. That could also push out the market's expectations for interest rate cuts, as the Fed will look to keep rates elevated if inflation grows hotter. "Perhaps we get a spike in inflation, which, you know, then causes the Fed to sound more hawkish, and the market will care about that for sure," Wilson added. Read the original article on Business Insider
Yahoo
an hour ago
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How does a weaker dollar impact US vacationers?
The decline in the value of the U.S. dollar this year has made Americans' vacations abroad more expensive than in recent years, which could stretch travelers' budgets more than anticipated. So far in 2025, the U.S. dollar has declined about 10% relative to a basket of popular foreign currencies, according to The Wall Street Journal's U.S. Dollar Index (DXY). The weaker dollar means that Americans' purchasing power overseas is generally lower than it was in the past few years, with vacationers facing relatively higher prices. "Welcome to inflation again," Clint Henderson, managing editor at The Points Guy, told FOX Business. "You're looking at prices being anywhere from 8% to as high as 14% higher across the board, especially in Europe, due to the weakness of the U.S. dollar." Dollar Slides To 3-Year Low On Report Trump Plans To Name Next Fed Chair Early "To put it in perspective, the U.S. dollar has been on a multiyear tear, so we've really benefited the last couple of years – it's just with the way things are now, prices are going to be slightly higher than they have been the past couple of years for Americans traveling to Europe specifically and also Asia, especially Japan," he said. Read On The Fox Business App Henderson noted that those who had already locked in prices months ago may not see the impact in that line item of their travel budget – though the dollar's decline is likely to still be felt in other aspects of travel spending. "Hopefully most folks have already locked in their hotel prices, so they're not going to be paying a lot more for hotels," he added. "But food costs, transportation costs… everything's going up in price." Trump Announces Higher Tariff Rates For More Countries In Letters Published On Social Media One bright spot for travelers' budgets can be found in relatively cheaper flights to and from vacationers' destinations, Henderson noted. "The good news is, I'm calling this the 'summer of savings' when it comes to airfare, because prices are down substantially for airfare, so hopefully any more expense you're paying when you're traveling has been sort of balanced by cheaper airfare," he explained. The dollar's recent downturn comes after it was relatively stronger than foreign currencies in the last few years. Tariffs Will Revert To April Levels If Countries Don't Make A Deal By August 1, Bessent Says David Bahnsen, managing partner and chief investment officer of the Bahnsen Group, told FOX Business that the main reason "is the fact that it had gone up 10% the year before, and in 2025 was just giving that move back." "The DXY right now is basically where it was three years ago – not higher or lower, though it spent most of the last three years higher than it is now, and it spent most of the ten years before that lower than it is now," he said. The volatility and downward trend the dollar has experienced this year stems from uncertainty over trade policy and tariffs, as markets take the higher costs into account. "The specific catalyst besides the fact that it was over-priced relative to other currencies and due for a correction is this trade and tariff volatility. Imports get more expensive with a weaker dollar even as exports get cheaper," Bahnsen article source: How does a weaker dollar impact US vacationers?
