NIO Stock – NIO Stock – Analysts Anticipate Nio Inc – (NYSE:NIO) Will Announce Earnings of -$0.14 Per Share | Fintech Zoom
NIO Stock – Analysts Anticipate Nio Inc – (NYSE:NIO) Will Announce Earnings of -$0.14 Per Share
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NIO emblem” title=”NIO emblem” class=”companylogo”/>Equities analysts anticipate that Nio Inc – (NYSE:NIO) will put up earnings per share (EPS) of ($0.14) for the current quarter, consistent with Zacks. Zero analysts have made estimates for NIO‘s earnings. NIO posted earnings per share of ($0.39) within the an identical quarter remaining 12 months, which could suggest a optimistic year-over-year progress price of 64.1%. The company is scheduled to topic its subsequent earnings outcomes on Wednesday, March 17th.
On widespread, analysts anticipate that NIO will report full-year earnings of ($0.67) per share for the current financial 12 months, with EPS estimates ranging from ($0.73) to ($0.61). For the next 12 months, analysts anticipate that the enterprise will put up earnings of ($0.45) per share, with EPS estimates ranging from ($0.52) to ($0.39). Zacks Funding Evaluation’s EPS averages are a median primarily based totally on a survey of sell-side analysts that that current safety for NIO.
Quite a lot of brokerages have weighed in on NIO. JPMorgan Chase & Co. boosted their price objective on NIO from $40.00 to $46.00 in a evaluation report on Monday, November ninth. Piper Sandler reissued a “impartial” rating and set a $14.00 objective price (up from $4.00) on shares of NIO in a evaluation bear in mind on Wednesday, August 12th. Credit score rating Suisse Group boosted their objective price on NIO from $17.50 to $25.00 in a evaluation bear in mind on Thursday, September third. Bank of America boosted their objective price on NIO from $23.00 to $54.70 and gave the company a “purchase” rating in a evaluation bear in mind on Wednesday, November 18th. Lastly, HSBC initiated safety on NIO in a evaluation bear in mind on Friday, October 30th. They set a “maintain” rating and a $30.00 objective price on the stock. Three equities evaluation analysts have rated the stock with a promote rating, Four have assigned a preserve rating and seven have issued a purchase order rating to the stock. The company presently has a consensus rating of “Maintain” and a consensus price objective of $24.31.
A number of hedge funds have simply recently modified their holdings of NIO. Advisory Alpha LLC purchased a model new stake in NIO inside the third quarter worth $28,000. Eudaimonia Companions LLC bought a model new stake in NIO inside the third quarter worth $30,000. O Shaughnessy Asset Administration LLC bought a model new stake in NIO inside the third quarter worth $31,000. CNB Bank boosted its holdings in NIO by 200.0% inside the third quarter. CNB Bank now owns 1,500 shares of the company’s stock worth $32,00Zero after shopping for an additional 1,00Zero shares inside the remaining quarter. Lastly, Bank Julius Baer & Co. Ltd Zurich bought a model new stake in NIO inside the third quarter worth $34,000. 39.43% of the stock is at current owned by institutional merchants.
NIO stock traded up $0.18 all through midday shopping for and promoting on Thursday, hitting $53.69. The company had a shopping for and promoting amount of 204,508,537 shares, as compared with its widespread amount of 106,378,570. NIO has a 52 week low of $2.11 and a 52 week extreme of $57.20. The stock’s 50 day shifting widespread price is $34.73 and its 200 day shifting widespread price is $17.54. The stock has a market cap of $55.09 billion, a price-to-earnings ratio of -47.10 and a beta of two.61.
About NIO
NIO Inc designs, manufactures, and sells electrical autos inside the People’s Republic of China. The company can be involved inside the manufacture of e-powertrain, battery packs, and components; and racing administration, experience enchancment, and product sales and after-sales administration actions. In addition to, it offers vitality choices for battery charging desires; and completely different value-added suppliers.
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NIO Stock – Analysts Anticipate Nio Inc – (NYSE:NIO) Will Announce Earnings of -$0.14 Per Share
NIO Stock – NIO Stock – Analysts Anticipate Nio Inc – (NYSE:NIO) Will Announce Earnings of -$0.14 Per Share | Fintech Zoom
