MINISO Group Holding Limited Unsponsored ADR (NYSE:MNSO) Given Average Rating of "Hold" by Analysts

Key Points

• Five analysts give MINISO an average rating of "Hold" (three hold, two buy) with an average 12‑month target price of $24.60.
• In its most recent quarter MINISO reported $0.09 EPS on $893.9 million of revenue with a net margin of 5.56% and the stock trades at a market cap of $4.67 billion and a P/E of 27.91.
• The company declared a $0.3764 dividend payable May 4 (ex‑dividend Apr 20); MarketBeat cites an unusually high yield of 479.0% and a dividend payout ratio of 135.19%.

MINISO Group Holding Limited Unsponsored ADR (NYSE:MNSO - Get Free Report) has been given a consensus rating of "Hold" by the five ratings firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $24.60.

MNSO has been the subject of a number of research reports. Zacks Research upgraded shares of MINISO Group from a "strong sell" rating to a "hold" rating in a report on Thursday, February 5th. Weiss Ratings restated a "hold (c)" rating on shares of MINISO Group in a report on Friday, March 27th.

MINISO Group Trading Down 0.1%

NYSE:MNSO opened at $15.07 on Monday. The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $4.67 billion, a price-to-earnings ratio of 27.91, a PEG ratio of 1.66 and a beta of 0.25. The firm has a fifty day simple moving average of $16.88 and a two-hundred day simple moving average of $19.00. MINISO Group has a 12 month low of $14.49 and a 12 month high of $26.74.

MINISO Group (NYSE:MNSO - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The company reported $0.09 EPS for the quarter. The business had revenue of $893.90 million during the quarter. MINISO Group had a net margin of 5.56% and a return on equity of 11.07%. Analysts expect that MINISO Group will post 1.47 EPS for the current fiscal year.

MINISO Group Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, May 4th. Shareholders of record on Monday, April 20th will be issued a $0.3764 dividend. This represents a yield of 479.0%. The ex-dividend date is Monday, April 20th. MINISO Group's dividend payout ratio (DPR) is presently 135.19%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of MINISO Group during the third quarter valued at about $25,000. EverSource Wealth Advisors LLC grew its holdings in shares of MINISO Group by 37.6% during the second quarter. EverSource Wealth Advisors LLC now owns 2,223 shares of the company's stock valued at $41,000 after buying an additional 608 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of MINISO Group by 28.3% during the third quarter. PNC Financial Services Group Inc. now owns 2,480 shares of the company's stock valued at $56,000 after buying an additional 547 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of MINISO Group by 137.8% during the third quarter. Hantz Financial Services Inc. now owns 5,087 shares of the company's stock valued at $114,000 after buying an additional 2,948 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of MINISO Group during the fourth quarter valued at about $126,000. 17.16% of the stock is currently owned by institutional investors and hedge funds.

About MINISO Group

MINISO Group NYSE: MNSO is a global retailer specializing in lifestyle and consumer goods. Since its founding in 2013, the company has focused on offering affordable, design-driven products across a broad range of categories. MINISO's stores feature a clean, minimalist layout and emphasize a “fast fashion” inventory model designed to turn over goods quickly and respond to emerging trends.

The company's product mix spans household items, kitchenware, cosmetics and personal care, stationery, toys, digital accessories, apparel and seasonal items.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.