Should I buy or sell QuantaSing Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QuantaSing Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 brokers have issued 1-year price targets 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 373.6% 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 2023?

QuantaSing Group's stock was trading at $12.52 at the beginning of 2023. Since then, QSG stock has decreased by 83.4% and is now trading at $2.08. View the best growth stocks for 2023 here .

Are investors shorting QuantaSing Group?

QuantaSing Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 11,300 shares, an increase of 39.5% from the October 31st total of 8,100 shares. Based on an average trading volume of 35,100 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's shares are short sold. View QuantaSing Group's Short Interest .

How were QuantaSing Group's earnings last quarter?

QuantaSing Group Limited (NASDAQ:QSG) posted its quarterly earnings data on Friday, September, 15th. The company reported $0.12 EPS for the quarter. The firm had revenue of $114.23 million for the quarter.

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

QuantaSing Group updated its first quarter 2024 earnings guidance on Friday, September, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $107.57 million-$111.70 million.

When did QuantaSing Group IPO?

(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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

QuantaSing Group Stock Price, News & Analysis (NASDAQ:QSG)

$2.02

-0.09 (-4.27%)

(As of 01:57 PM ET)

Compare

Today's Range: $2.02
▼
$2.16
50-Day Range: $2.09
▼
$5.70
52-Week Range: $1.96
▼
$28.99

Volume: 9,590 shs
Average Volume: 34,395 shs
Market Capitalization: $111.52 million

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

QuantaSing Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 387.6% Upside
$9.85 Price Target
Short Interest: Healthy
0.03% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.24
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 75.00%
From $0.08 to $0.14 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Consumer Discretionary Sector

107th out of 264 stocks

Educational Services Industry

6th out of 24 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.
Price Target Upside/Downside
According to analysts' consensus price target of $9.85, QuantaSing Group has a forecasted upside of 387.6% from its current price of $2.02.
Amount of Analyst Coverage
QuantaSing Group has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.03% 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 increased by 39.51%, indicating that investor sentiment is decreasing 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.

2.9

News and Social Media Coverage

News Sentiment
QuantaSing Group has a news sentiment score of 1.24. 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 is a higher news sentiment than the 0.62 average news sentiment score 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.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, QuantaSing Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.03% of the stock of QuantaSing Group is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for QuantaSing Group are expected to grow by 75.00% in the coming year, from $0.08 to $0.14 per share.
Price to Book Value per Share Ratio
QuantaSing Group has a P/B Ratio of 3.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

November 22, 2023 | morningstar.com

QuantaSing Group Ltd ADR Shares QSG

November 15, 2023 | finance.yahoo.com

Argus Research Initiates Equity Research Report Coverage on QuantaSing Group Ltd (NasdaqGM: QSG)

November 28, 2023 | Autonomix (Ad)

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November 13, 2023 | finance.yahoo.com

QuantaSing to Present at Sidoti November Micro Cap Conference

November 3, 2023 | finance.yahoo.com

QuantaSing Group Limited's (NASDAQ:QSG) largest shareholders are private equity firms with 36% ownership, insiders own 32%

October 27, 2023 | finance.yahoo.com

QuantaSing Group Limited Filed Fiscal Year 2023 Annual Report on Form 20-F

October 4, 2023 | finance.yahoo.com

Diamond Equity Research Initiates Coverage on QuantaSing Group Limited (NASDAQ: QSG)

October 3, 2023 | finance.yahoo.com

Taglich Brothers Initiates Coverage of QuantaSing Group Limited

November 28, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

September 28, 2023 | finance.yahoo.com

HIGHLIGHTS – Online Learning Market in China: Insights from QuantaSing’s CFO in Fireside Chat

September 26, 2023 | finance.yahoo.com

REPLAY – Online Learning Market in China: Insights from QuantaSing’s CFO in Fireside Chat

September 23, 2023 | finance.yahoo.com

QuantaSing Group Limited (NASDAQ:QSG) Is About To Turn The Corner

September 22, 2023 | finance.yahoo.com

QuantaSing CFO to Participate in Fireside Chat on September 25

September 21, 2023 | benzinga.com

What's Going On With QuantaSing Group Stock?

September 19, 2023 | finance.yahoo.com

Online Learning in China: Join Fireside with CFO of QuantaSing Sep 25 at 11AM ET

September 18, 2023 | finanznachrichten.de

QuantaSing Group Limited: QuantaSing Expands Global Presence with Acquisition of Kelly's Education

September 18, 2023 | msn.com

QuantaSing buys Kelly's Education, expanding global reach

September 18, 2023 | benzinga.com

Online Learning Platform QuantaSing Acquires Kelly's Education For Unknow Sum

September 18, 2023 | finance.yahoo.com

QuantaSing Expands Global Presence with Acquisition of Kelly's Education

September 15, 2023 | finanznachrichten.de

QuantaSing Group Limited: QuantaSing Announces Unaudited Financial Results for the Fourth Quarter of Fiscal Year 2023 and Full Fiscal Year 2023

September 15, 2023 | markets.businessinsider.com

EXCLUSIVE: QuantaSing Group Clocks 32% Topline Growth In Q4, Sets Sights On Live E-commerce Expansion

September 15, 2023 | finance.yahoo.com

QuantaSing Announces Unaudited Financial Results for the Fourth Quarter of Fiscal Year 2023 and Full Fiscal Year 2023

September 12, 2023 | finance.yahoo.com

QuantaSing's Live E-Commerce Generated Remarkable RMB13.3 Million GMV in August

September 6, 2023 | finance.yahoo.com

QuantaSing Recognized as China’s Largest Online Individual Adult Learning Service

September 6, 2023 | finance.yahoo.com

QuantaSing Acknowledged as China’s Largest Online Individual Adult Learning Service Provider and Leader in China’s Adult Personal Interest Learning Market by Frost & Sullivan Industry Report

September 6, 2023 | finance.yahoo.com

QuantaSing to Report Fourth Fiscal Quarter and Full Fiscal Year 2023 Financial Results on September 15, 2023

August 24, 2023 | msn.com

QuantaSing: Looking For Growth In A Growth Stock

See More Headlines

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Company Calendar

Last Earnings: 9/15/2023
Today: 11/28/2023
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Educational services
Sub-Industry: N/A
Sector: Consumer Discretionary
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: +353.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-14,970,000.00
Net Margins: -3.58%
Pretax Margin: -2.82%
Return on Equity: N/A
Return on Assets: -12.28%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.17
Quick Ratio: 1.17

Sales & Book Value

Annual Sales: $424.94 million
Price / Sales: 0.28
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.56 per share
Price / Book: 3.88

Miscellaneous

Outstanding Shares: 55,210,000
Free Float: N/A
Market Cap: $119.81 million
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Dong Xie (Age 43)
CFO & Director
Mr. Jinshan Li (Age 40)
CTO & Director
Mr. Peng Li (Age 40)
Founder, Chairman of the Board & CEO
Ms. Leah Guo
Associate Director of Investor Relations
Ms. Xihao Liu (Age 39)
Senior VP & Director
Mr. Chun Wang (Age 32)
Senior Vice President
Mr. Bo Bai (Age 41)
Senior Vice President
Mr. Guangfei Zhao (Age 39)
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 analysts have issued "buy," "hold," and "sell" ratings for QuantaSing Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 brokers have issued 1-year price targets 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 373.6% 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 2023?: QuantaSing Group's stock was trading at $12.52 at the beginning of 2023. Since then, QSG stock has decreased by 83.4% and is now trading at $2.08.
View the best growth stocks for 2023 here.
Are investors shorting QuantaSing Group?: QuantaSing Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 11,300 shares, an increase of 39.5% from the October 31st total of 8,100 shares. Based on an average trading volume of 35,100 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's shares are short sold.
View QuantaSing Group's Short Interest.

How were QuantaSing Group's earnings last quarter?: QuantaSing Group Limited (NASDAQ:QSG) posted its quarterly earnings data on Friday, September, 15th. The company reported $0.12 EPS for the quarter. The firm had revenue of $114.23 million for the quarter.
What guidance has QuantaSing Group issued on next quarter's earnings?: QuantaSing Group updated its first quarter 2024 earnings guidance on Friday, September, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $107.57 million-$111.70 million.
When did QuantaSing Group IPO?: (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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:QSG) was last updated on 11/28/2023 by MarketBeat.com Staff

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QuantaSing Group Stock Price, News & Analysis (NASDAQ:QSG)

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

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^™