Shares of Secoo Holding Ltd – (NASDAQ:SECO) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price target of $18.00 for the company and are anticipating that the company will post $0.10 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Secoo an industry rank of 226 out of 265 based on the ratings given to related companies.
SECO has been the topic of a number of recent analyst reports. BidaskClub downgraded shares of Secoo from a “buy” rating to a “hold” rating in a report on Saturday, March 10th. ValuEngine downgraded shares of Secoo from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Finally, Zacks Investment Research raised shares of Secoo from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a report on Wednesday, January 10th.
Shares of NASDAQ SECO opened at $8.92 on Monday. The company has a current ratio of 2.43, a quick ratio of 1.14 and a debt-to-equity ratio of 0.10. The stock has a market cap of $114.35 and a PE ratio of 11.74. Secoo has a 52-week low of $6.61 and a 52-week high of $14.75.
Secoo (NASDAQ:SECO) last announced its quarterly earnings results on Thursday, March 22nd. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.04. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.31 billion. The business’s revenue was up 60.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS. equities research analysts forecast that Secoo will post 0.91 earnings per share for the current fiscal year.
An institutional investor recently bought a new position in Secoo stock. KADENSA CAPITAL Ltd acquired a new position in Secoo Holding Ltd – (NASDAQ:SECO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 300,000 shares of the company’s stock, valued at approximately $2,898,000. Secoo comprises about 5.8% of KADENSA CAPITAL Ltd’s holdings, making the stock its 6th biggest holding. KADENSA CAPITAL Ltd owned 2.34% of Secoo at the end of the most recent reporting period. Institutional investors and hedge funds own 24.22% of the company’s stock.
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Secoo Company Profile
Secoo Holding Limited, through its subsidiaries, operates as an integrated online and offline shopping platform in the People's Republic of China and internationally. The company provides upscale brand products and services, including bags, watches, women's and men's wear, footwear, children's wear, sportswear, cosmetics and skin care products, jewelry, accessories, automobiles, home goods, find food and beverage products, arts, and Chinese original products, as well as lifestyle services through its Website, mobile applications, and offline experience centers.
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