MINISO Group Holding Limited Unsponsored ADR (MNSO) - What Are Analysts Saying About This Stock?

Key Points

• Analysts have a consensus “Hold” rating on MINISO, with four holds, two buys, one strong buy and one sell among eight analysts. The average 12-month price target is $15.27.
• MINISO reported quarterly earnings of $0.26 per share on revenue of $855.25 million, while analysts expect full-year EPS of $1.12.
• Shares opened at $10.24, near the lower end of their 52-week range of $8.55 to $22.82. Institutional investors and hedge funds own 17.16% of the company.

MINISO Group Holding Limited Unsponsored ADR (NYSE:MNSO - Get Free Report) has been given a consensus recommendation of "Hold" by the eight analysts that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $15.27.

A number of analysts recently commented on MNSO shares. Weiss Ratings reiterated a "sell (d+)" rating on shares of MINISO Group in a research note on Tuesday, September 22nd. Wall Street Zen upgraded shares of MINISO Group from a "sell" rating to a "hold" rating in a research note on Saturday, September 26th. Nomura cut shares of MINISO Group from a "strong-buy" rating to a "hold" rating in a report on Monday, August 31st. Zacks Research upgraded shares of MINISO Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 28th. Finally, China Intl Cap raised shares of MINISO Group to a "strong-buy" rating in a report on Monday, August 31st.

MINISO Group Price Performance

Shares of NYSE MNSO opened at $10.24 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.18 and a current ratio of 1.57. The company has a market cap of $3.11 billion, a PE ratio of 17.66 and a beta of 0.16. The business has a 50-day simple moving average of $9.84 and a two-hundred day simple moving average of $12.20. MINISO Group has a fifty-two week low of $8.55 and a fifty-two week high of $22.82.

MINISO Group (NYSE:MNSO - Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.26 earnings per share for the quarter. MINISO Group had a return on equity of 19.41% and a net margin of 5.32%. The business had revenue of $855.25 million for the quarter. As a group, equities analysts expect that MINISO Group will post 1.12 EPS for the current fiscal year.

Institutional Trading of MINISO Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP increased its holdings in shares of MINISO Group by 5,641.7% in the second quarter. Allworth Financial LP now owns 2,067 shares of the company's stock valued at $25,000 after purchasing an additional 2,031 shares during the period. Parallel Advisors LLC raised its stake in shares of MINISO Group by 794.7% in the first quarter. Parallel Advisors LLC now owns 2,192 shares of the company's stock worth $36,000 after purchasing an additional 1,947 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of MINISO Group by 34.8% during the first quarter. PNC Financial Services Group Inc. now owns 4,842 shares of the company's stock worth $78,000 after purchasing an additional 1,251 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of MINISO Group during the second quarter worth about $140,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of MINISO Group during the second quarter worth about $200,000. Institutional investors and hedge funds own 17.16% of the company's stock.

About MINISO Group

MINISO Group Holding Limited is a global value retailer that operates the MINISO brand of lifestyle product stores. The company offers a broad range of merchandise, including household goods, personal care products, beauty accessories, electronics, toys, stationery, food and beverages, fashion accessories, and seasonal products. Its retail model emphasizes affordable prices, frequent product updates, and collaborations with popular intellectual property brands.

Founded in 2013, MINISO has expanded from its origins in China into an international retail business.

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