Should I buy or sell QuantaSing Group stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for QuantaSing Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" QSG shares. View QSG analyst ratings or view top-rated stocks .

What is QuantaSing Group's stock price target for 2024?

2 equities research analysts have issued 12-month price objectives for QuantaSing Group's shares. Their QSG share price targets range from $9.70 to $10.00. On average, they expect the company's stock price to reach $9.85 in the next twelve months. This suggests a possible upside of 182.2% from the stock's current price. View analysts price targets for QSG or view top-rated stocks among Wall Street analysts .

How have QSG shares performed in 2024?

QuantaSing Group's stock was trading at $1.56 on January 1st, 2024. Since then, QSG stock has increased by 123.7% and is now trading at $3.49. View the best growth stocks for 2024 here .

When is QuantaSing Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 6th 2024. View our QSG earnings forecast .

How were QuantaSing Group's earnings last quarter?

QuantaSing Group Limited (NASDAQ:QSG) posted its quarterly earnings results on Thursday, March, 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.16. The company had revenue of $138.11 million for the quarter, compared to analysts' expectations of $132.07 million. QuantaSing Group had a net margin of 5.78% and a trailing twelve-month return on equity of 83.40%. During the same period in the previous year, the company posted ($0.45) EPS.

What guidance has QuantaSing Group issued on next quarter's earnings?

QuantaSing Group updated its third quarter 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $126.8 million-$131.0 million, compared to the consensus revenue estimate of $134.3 million.

When did QuantaSing Group IPO?

QuantaSing Group (QSG) raised $41 million in an initial public offering (IPO) on Wednesday, January 25th 2023. The company issued 3,300,000 shares at a price of $11.50-$13.50 per share. Citigroup and CICC served as the underwriters for the IPO.

How do I buy shares of QuantaSing Group?

Shares of QSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:QSG

QuantaSing Group (QSG) Stock Price, News & Analysis

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$3.49

-0.03 (-0.85%)

(As of 04/18/2024 ET)

Compare

Today's Range: $3.37
▼
$3.59
50-Day Range: $2.71
▼
$4.20
52-Week Range: $1.40
▼
$28.99

Volume: 66,476 shs
Average Volume: 263,838 shs
Market Capitalization: $197.15 million

P/E Ratio: 7.76
Dividend Yield: N/A
Price Target: $9.85

Get QuantaSing Group alerts:

QuantaSing Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 182.2% Upside
$9.85 Price Target
Short Interest: Healthy
0.22% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.43
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 34.67%
From $0.75 to $1.01 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.24 out of 5 stars

Consumer Discretionary Sector

56th out of 253 stocks

Educational Services Industry

7th out of 21 stocks

3.3

Analyst's Opinion

Consensus Rating
QuantaSing Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
QuantaSing Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.22% of the float of QuantaSing Group has been sold short.
Short Interest Ratio / Days to Cover
QuantaSing Group has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in QuantaSing Group has recently decreased by 8.24%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
QuantaSing Group does not currently pay a dividend.
Dividend Growth
QuantaSing Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for QSG.

3.0

News and Social Media Coverage

News Sentiment
QuantaSing Group has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for QuantaSing Group this week, compared to 1 article on an average week.
Search Interest
11 people have searched for QSG on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.
MarketBeat Follows
6 people have added QuantaSing Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, QuantaSing Group insiders have not sold or bought any company stock.

3.1

Earnings and Valuation

Earnings Growth
Earnings for QuantaSing Group are expected to grow by 34.67% in the coming year, from $0.75 to $1.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of QuantaSing Group is 7.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of QuantaSing Group is 7.76, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.86.
Price to Book Value per Share Ratio
QuantaSing Group has a P/B Ratio of 6.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About QuantaSing Group Stock (NASDAQ:QSG)

QuantaSing Group Limited provides online learning services in the People's Republic of China. The company offers online courses, including financial literacy, short-video production, personal well-being, electronic keyboard, and meditation courses. It also offers marketing and enterprise talent management services to enterprise customers. In addition, the company provides online and literacy course to adult learners under various brands, including QiNiu, JiangZhen, and QianChi. QuantaSing Group Limited was founded in 2019 and is headquartered in Beijing, the People's Republic of China.

QSG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

QSG Stock News Headlines

April 17, 2024 | finance.yahoo.com

QuantaSing Group Accelerates Global Growth with Strategic Initiatives

April 16, 2024 | finance.yahoo.com

QuantaSing Group Limited Unsponsored ADR (QSG) Beats Stock Market Upswing: What Investors Need to Know

April 18, 2024 | InvestorPlace (Ad)

The Next Nvidia?

April 13, 2024 | fool.com

QuantaSing Group (NASDAQ: QSG)

April 11, 2024 | finance.yahoo.com

QuantaSing Group Limited's (NASDAQ:QSG) top owners are private equity firms with 41% stake, while 36% is held by insiders

March 28, 2024 | finance.yahoo.com

QuantaSing to Present at the AI & Technology Hybrid Investor Conference presented by Water Tower Research on April 10 and 11

March 18, 2024 | msn.com

Silver lining: Tutoring the elderly is growing fast in China

March 10, 2024 | seekingalpha.com

QuantaSing Group Limited (QSG) Q2 2024 Earnings Call Transcript

April 18, 2024 | InvestorPlace (Ad)

The Next Nvidia?

March 10, 2024 | finance.yahoo.com

QuantaSing Group Ltd (NASDAQ:QSG) Q2 2024 Earnings Call Transcript

March 7, 2024 | msn.com

QuantaSing Group reports mixed Q2 results; initiates Q3 FY24 outlook

March 7, 2024 | globenewswire.com

QuantaSing Announces Unaudited Financial Results for the Second Quarter of Fiscal Year 2024

March 6, 2024 | benzinga.com

QuantaSing Group Earnings Preview

March 5, 2024 | globenewswire.com

QuantaSing to Present at the Emerging Growth Conference on March 7, 2024

February 27, 2024 | globenewswire.com

QuantaSing to Report Second Fiscal Quarter Financial Results on March 7, 2024

February 15, 2024 | msn.com

BIG, UDMY among consumer staples movers

January 25, 2024 | finance.yahoo.com

QuantaSing Group's (NASDAQ:QSG) Returns Have Hit A Wall

January 18, 2024 | finance.yahoo.com

QuantaSing Unveils Private Label Chinese Baijiu Brand YUNTING

January 16, 2024 | msn.com

LWAY and QSG among Consumer Staples movers

January 10, 2024 | finance.yahoo.com

Is American Public Education (APEI) Outperforming Other Consumer Discretionary Stocks This Year?

January 8, 2024 | finance.yahoo.com

Best Value Stocks to Buy for January 8th

December 15, 2023 | finance.yahoo.com

A Closer Look At QuantaSing Group Limited's (NASDAQ:QSG) Impressive ROE

December 15, 2023 | finance.yahoo.com

Diamond Equity Research Releases Update Note on QuantaSing Group Limited (NASDAQ: QSG)

December 14, 2023 | investorplace.com

QSG Stock Earnings: QuantaSing Group Reported Results for Q4 2023

December 13, 2023 | investorplace.com

QSG Stock Earnings: QuantaSing Group Reported Results for Q1 2024

December 13, 2023 | msn.com

QuantaSing Group Non-GAAP EPS of $0.07

December 4, 2023 | finance.yahoo.com

QuantaSing to Report First Fiscal Quarter Financial Results on December 13, 2023

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/06/2024
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Educational services
Sub-Industry: N/A
Current Symbol: NASDAQ:QSG
CUSIP: N/A
CIK: 1932770
Web: www.liangzizhige.com
Phone: 86-10-6493-8177
Fax: N/A
Employees: 1,029
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.85
High Stock Price Target: $10.00
Low Stock Price Target: $9.70
Potential Upside/Downside: +182.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.45
Trailing P/E Ratio: 7.76
Forward P/E Ratio: 4.65
P/E Growth: N/A
Net Income: $-14,970,000.00
Net Margins: 5.78%
Pretax Margin: 6.00%
Return on Equity: 83.40%
Return on Assets: 16.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.31
Quick Ratio: 1.30

Sales & Book Value

Annual Sales: $424.94 million
Price / Sales: 0.46
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.56 per share
Price / Book: 6.23

Miscellaneous

Outstanding Shares: 56,490,000
Free Float: N/A
Market Cap: $197.15 million
Optionable: Not Optionable
Beta: 0.71

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Key Executives

Mr. Dong Xie (Age 44)
CFO & Director
Mr. Jinshan Li (Age 41)
CTO & Director
Mr. Peng Li (Age 41)
Founder, Chairman of the Board & CEO
Ms. Leah Guo
Associate Director of Investor Relations
Ms. Xihao Liu (Age 40)
Senior VP & Director
Mr. Chun Wang (Age 33)
Senior Vice President
Mr. Bo Bai (Age 42)
Senior Vice President
Mr. Guangfei Zhao (Age 40)
Senior Vice President

Key Competitors

View All Competitors

QSG Stock Analysis - Frequently Asked Questions

Should I buy or sell QuantaSing Group stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for QuantaSing Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" QSG shares.
View QSG analyst ratings or view top-rated stocks.
What is QuantaSing Group's stock price target for 2024?: 2 equities research analysts have issued 12-month price objectives for QuantaSing Group's shares. Their QSG share price targets range from $9.70 to $10.00. On average, they expect the company's stock price to reach $9.85 in the next twelve months. This suggests a possible upside of 182.2% from the stock's current price.
View analysts price targets for QSG or view top-rated stocks among Wall Street analysts.
How have QSG shares performed in 2024?: QuantaSing Group's stock was trading at $1.56 on January 1st, 2024. Since then, QSG stock has increased by 123.7% and is now trading at $3.49.
View the best growth stocks for 2024 here.
When is QuantaSing Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, June 6th 2024.
View our QSG earnings forecast.

How were QuantaSing Group's earnings last quarter?: QuantaSing Group Limited (NASDAQ:QSG) posted its quarterly earnings results on Thursday, March, 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.16. The company had revenue of $138.11 million for the quarter, compared to analysts' expectations of $132.07 million. QuantaSing Group had a net margin of 5.78% and a trailing twelve-month return on equity of 83.40%. During the same period in the previous year, the company posted ($0.45) EPS.
What guidance has QuantaSing Group issued on next quarter's earnings?: QuantaSing Group updated its third quarter 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $126.8 million-$131.0 million, compared to the consensus revenue estimate of $134.3 million.
When did QuantaSing Group IPO?: QuantaSing Group (QSG) raised $41 million in an initial public offering (IPO) on Wednesday, January 25th 2023. The company issued 3,300,000 shares at a price of $11.50-$13.50 per share. Citigroup and CICC served as the underwriters for the IPO.
How do I buy shares of QuantaSing Group?: Shares of QSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:QSG) was last updated on 4/18/2024 by MarketBeat.com Staff

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QuantaSing Group (QSG) Stock Price, News & Analysis

QuantaSing Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About QuantaSing Group Stock (NASDAQ:QSG)

QSG Stock Price History

QSG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

QSG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™