MINISO Group (NYSE:MNSO – Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of $2.61 per share and revenue of $4.82 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
MINISO Group Stock Up 2.9 %
Shares of MINISO Group stock opened at $19.86 on Friday. The company has a quick ratio of 1.66, a current ratio of 2.14 and a debt-to-equity ratio of 0.17. MINISO Group has a 12 month low of $12.51 and a 12 month high of $27.71. The business has a fifty day simple moving average of $22.69 and a 200 day simple moving average of $20.15. The stock has a market cap of $6.20 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 0.80 and a beta of 0.10.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. HSBC began coverage on MINISO Group in a research note on Wednesday, February 26th. They set a “buy” rating and a $29.30 price objective for the company. Hsbc Global Res raised MINISO Group to a “strong-buy” rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.70.
MINISO Group Company Profile
MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, Asia, the United States, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand.
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