Youdao (NYSE:DAO – Get Rating) will be releasing its earnings data before the market opens on Tuesday, May 24th. Analysts expect Youdao to post earnings of ($0.24) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Youdao (NYSE:DAO – Get Rating) last announced its earnings results on Thursday, February 24th. The company reported ($0.23) EPS for the quarter. The firm had revenue of $164.58 million for the quarter, compared to the consensus estimate of $175.22 million. On average, analysts expect Youdao to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of DAO opened at $4.93 on Tuesday. Youdao has a 12 month low of $4.31 and a 12 month high of $27.78. The firm’s 50 day moving average is $7.18 and its 200-day moving average is $10.88. The stock has a market capitalization of $611.23 million, a PE ratio of -3.91 and a beta of -0.61.
Several research analysts have recently commented on DAO shares. Citigroup raised shares of Youdao from a “neutral” rating to a “buy” rating and raised their target price for the stock from $15.00 to $15.50 in a report on Friday, February 25th. Zacks Investment Research cut shares of Youdao from a “buy” rating to a “hold” rating in a report on Friday, May 6th. Finally, Morgan Stanley raised shares of Youdao from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $13.00 to $15.00 in a report on Monday, March 7th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $15.67.
About Youdao (Get Rating)
Youdao, Inc, an internet technology company, provides online services in the field of content, community, communication, and commerce in China. It operates through three segments: Learning Services, Smart Devices, and Online Marketing Services. The company provides various learning content, applications, and solutions, which cover topics and target people from various age groups for their learning needs through its websites and mobile applications.
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