Latest news with #VNETGroup
Globe and Mail
5 days ago
- Business
- Globe and Mail
Analysts Offer Insights on Technology Companies: Hewlett Packard Enterprise (HPE), VNET Group, Inc. Sponsored ADR (VNET) and Dayforce Inc (DAY)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Hewlett Packard Enterprise (HPE – Research Report), VNET Group, Inc. Sponsored ADR (VNET – Research Report) and Dayforce Inc (DAY – Research Report). Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Hewlett Packard Enterprise (HPE) Morgan Stanley analyst Meta Marshall maintained a Hold rating on Hewlett Packard Enterprise yesterday and set a price target of $22.00. The company's shares closed last Friday at $18.41. According to Marshall is a 4-star analyst with an average return of 6.6% and a 57.4% success rate. Marshall covers the Technology sector, focusing on stocks such as Zoom Video Communications, Keysight Technologies, and Motorola Solutions. ;'> Currently, the analyst consensus on Hewlett Packard Enterprise is a Moderate Buy with an average price target of $21.25, which is a 15.2% upside from current levels. In a report issued on June 25, KeyBanc also initiated coverage with a Hold rating on the stock. VNET Group, Inc. Sponsored ADR (VNET) In a report released today, Daley Li from Bank of America Securities maintained a Buy rating on VNET Group, Inc. Sponsored ADR, with a price target of $11.30. The company's shares closed last Friday at $6.98. Li has an average return of 115.4% when recommending VNET Group, Inc. Sponsored ADR. ;'> According to Li is ranked #431 out of 9653 analysts. VNET Group, Inc. Sponsored ADR has an analyst consensus of Strong Buy, with a price target consensus of $12.04. Dayforce Inc (DAY) Needham analyst Scott Berg maintained a Buy rating on Dayforce Inc today and set a price target of $95.00. The company's shares closed last Friday at $55.14. According to Berg has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.9% and a 39.0% success rate. Berg covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zeta Global Holdings Corp, and Onestream, Inc. Class A. ;'> Dayforce Inc has an analyst consensus of Moderate Buy, with a price target consensus of $68.38, a 23.5% upside from current levels. In a report issued on June 17, Citi also maintained a Buy rating on the stock with a $70.00 price target.
Yahoo
5 days ago
- Business
- Yahoo
VNET Group (VNET) is a Great Momentum Stock: Should You Buy?
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at VNET Group (VNET), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. VNET Group currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for VNET that show why this provider of carrier-neutral internet data center services shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For VNET, shares are up 0.74% over the past week while the Zacks Internet - Software industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 30.71% compares favorably with the industry's 0.69% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of VNET Group have increased 9.23% over the past quarter, and have gained 233.17% in the last year. On the other hand, the S&P 500 has only moved 8.73% and 13.86%, respectively. Investors should also take note of VNET's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, VNET is averaging 4,162,718 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with VNET. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost VNET's consensus estimate, increasing from $0.07 to $0.10 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that VNET is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep VNET Group on your short list. 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 VNET Group, Inc. - Unsponsored ADR (VNET) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Insider
26-06-2025
- Business
- Business Insider
DBS Reaffirms Their Buy Rating on VNET Group, Inc. Sponsored ADR (VNET)
DBS analyst maintained a Buy rating on VNET Group, Inc. Sponsored ADR (VNET – Research Report) today and set a price target of $9.00. The company's shares closed yesterday at $6.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter VNET Group, Inc. Sponsored ADR has an analyst consensus of Strong Buy, with a price target consensus of $12.28, representing a 104.67% upside. In a report released on June 24, Bank of America Securities also maintained a Buy rating on the stock with a $11.30 price target. VNET market cap is currently $1.47B and has a P/E ratio of 99.32.
Yahoo
01-06-2025
- Business
- Yahoo
VNET Group First Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Revenue: CN¥2.25b (up 18% from 1Q 2024). Net loss: CN¥237.6m (loss widened by 27% from 1Q 2024). CN¥0.89 loss per share (further deteriorated from CN¥0.71 loss in 1Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in the US. Performance of the American IT industry. The company's shares are down 11% from a week ago. We should say that we've discovered 3 warning signs for VNET Group (2 can't be ignored!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
01-06-2025
- Business
- Yahoo
VNET Group First Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Revenue: CN¥2.25b (up 18% from 1Q 2024). Net loss: CN¥237.6m (loss widened by 27% from 1Q 2024). CN¥0.89 loss per share (further deteriorated from CN¥0.71 loss in 1Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in the US. Performance of the American IT industry. The company's shares are down 11% from a week ago. We should say that we've discovered 3 warning signs for VNET Group (2 can't be ignored!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
