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NYSE:GOTU

Gaotu Techedu (GOTU) Stock Price, News & Analysis

$6.22
-0.12 (-1.89%)
(As of 05/24/2024 ET)
Today's Range
$6.07
$6.38
50-Day Range
$5.88
$8.35
52-Week Range
$2.22
$8.44
Volume
2.32 million shs
Average Volume
4.84 million shs
Market Capitalization
$1.61 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.58

Gaotu Techedu MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.9% Upside
$6.58 Price Target
Short Interest
Healthy
5.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Gaotu Techedu in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.68 out of 5 stars

Business Services Sector

286th out of 306 stocks

Educational Services Industry

20th out of 22 stocks

GOTU stock logo

About Gaotu Techedu Stock (NYSE:GOTU)

Gaotu Techedu Inc., a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People's Republic of China. The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams. It also offers admission courses for admission tests and interviews, including national-post graduate entrance examination, civil service examinations, and others; foreign language courses; overseas study related services; and courses to prepare and pass certain language exams for study abroad, such as IELTS and TOEFL. In addition, the company designs and develops course outlines, interactive courseware, practice exercises, and lesson notes; publishes reference books comprising Chinese dictionary, dictionary of idioms, and past exam questions for the college entrance examination; and develops, expands, and upgrades education-centric digital products and solutions, as well as learning apps. Further, it offers books and digitalized auxiliary learning tools, such as smart devices and translation pens; and online tutoring services. The company was formerly known as GSX Techedu Inc. and changed its name to Gaotu Techedu Inc. in June 2021. Gaotu Techedu Inc. was incorporated in 2014 and is headquartered in Beijing, China.

GOTU Stock Price History

GOTU Stock News Headlines

GOTU Stock Earnings: Gaotu Techedu Beats Revenue for Q1 2024
Gaotu Techedu Slips To Loss In Q1
Gaotu Techedu (GOTU) to Release Earnings on Tuesday
GOTU Jan 2026 1.500 call
GOTU Apr 2024 10.000 put
GOTU Jun 2024 12.000 call
GOTU Mar 2024 10.000 put
GOTU Oct 2024 4.000 put
GOTU May 2024 12.000 call
GOTU May 2024 5.000 put
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
5/24/2024
Next Earnings (Estimated)
9/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Fax
N/A
Employees
7,767
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.58
High Stock Price Target
$8.65
Low Stock Price Target
$4.50
Potential Upside/Downside
+8.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-1,030,000.00
Pretax Margin
-4.19%

Debt

Sales & Book Value

Annual Sales
$417.02 million
Cash Flow
$0.02 per share
Book Value
$1.68 per share

Miscellaneous

Free Float
142,393,000
Market Cap
$1.57 billion
Optionable
Optionable
Beta
0.07
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GOTU Stock Analysis - Frequently Asked Questions

Should I buy or sell Gaotu Techedu stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gaotu Techedu in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GOTU shares.
View GOTU analyst ratings
or view top-rated stocks.

What is Gaotu Techedu's stock price target for 2024?

4 Wall Street analysts have issued 1-year price targets for Gaotu Techedu's shares. Their GOTU share price targets range from $4.50 to $8.65. On average, they expect the company's stock price to reach $6.58 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts price targets for GOTU
or view top-rated stocks among Wall Street analysts.

How have GOTU shares performed in 2024?

Gaotu Techedu's stock was trading at $3.62 at the beginning of the year. Since then, GOTU stock has increased by 71.5% and is now trading at $6.21.
View the best growth stocks for 2024 here
.

Are investors shorting Gaotu Techedu?

Gaotu Techedu saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 8,040,000 shares, a decline of 6.7% from the April 15th total of 8,620,000 shares. Based on an average daily trading volume, of 4,860,000 shares, the short-interest ratio is presently 1.7 days. Currently, 5.4% of the company's stock are short sold.
View Gaotu Techedu's Short Interest
.

When is Gaotu Techedu's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 4th 2024.
View our GOTU earnings forecast
.

How were Gaotu Techedu's earnings last quarter?

Gaotu Techedu Inc. (NYSE:GOTU) announced its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $107.19 million for the quarter. Gaotu Techedu had a negative trailing twelve-month return on equity of 4.19% and a negative net margin of 4.22%.

What ETFs hold Gaotu Techedu's stock?

ETFs with the largest weight of Gaotu Techedu (NYSE:GOTU) stock in their portfolio include AXS Esoterica NextG Economy ETF (WUGI) and Global X Education ETF (EDUT).Invesco Golden Dragon China ETF (PGJ).

What guidance has Gaotu Techedu issued on next quarter's earnings?

Gaotu Techedu updated its second quarter 2024 earnings guidance on Tuesday, May, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $125.8 million-$128.5 million, compared to the consensus revenue estimate of $144.2 million.

Who are Gaotu Techedu's major shareholders?

Gaotu Techedu's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.10%), Healthcare of Ontario Pension Plan Trust Fund (0.92%), BNP Paribas Financial Markets (0.37%), Simplex Trading LLC (0.00%), Seven Eight Capital LP (0.06%) and Virtu Financial LLC (0.01%).

How do I buy shares of Gaotu Techedu?

Shares of GOTU 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 (NYSE:GOTU) was last updated on 5/24/2024 by MarketBeat.com Staff

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