MINISO Group Holding Limited Unsponsored ADR (MNSO) closed at $20.14 in the latest trading session, marking a -1.27% move from the prior day. This change lagged the S&P 500's 0.78% gain on the day. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.98%.
The stock of company has risen by 12.77% in the past month, leading the Retail-Wholesale sector's gain of 1.32% and the S&P 500's gain of 1.86%.
Market participants will be closely following the financial results of MINISO Group Holding Limited Unsponsored ADR in its upcoming release. Simultaneously, our latest consensus estimate expects the revenue to be $672.03 million, showing a 21.03% escalation compared to the year-ago quarter.
MNSO's full-year Zacks Consensus Estimates are calling for earnings of $1.12 per share and revenue of $2.9 billion. These results would represent year-over-year changes of -2.61% and +22.75%, respectively.
Investors might also notice recent changes to analyst estimates for MINISO Group Holding Limited Unsponsored ADR. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 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 #3 (Hold).
From a valuation perspective, MINISO Group Holding Limited Unsponsored ADR is currently exchanging hands at a Forward P/E ratio of 18.3. Its industry sports an average Forward P/E of 17.06, so one might conclude that MINISO Group Holding Limited Unsponsored ADR is trading at a premium comparatively.
We can additionally observe that MNSO currently boasts a PEG ratio of 1.2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Retail – Apparel and Shoes industry held an average PEG ratio of 1.84.
