Zacks: Secoo Holding Ltd – (SECO) Given $18.00 Consensus Target Price by Analysts
Secoo Holding Ltd – (NASDAQ:SECO) has received a consensus 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 rating.
Brokerages have set a 12 month consensus price objective of $18.00 for the company and are expecting that the company will post $0.10 EPS for the current quarter, according to Zacks. Zacks has also assigned Secoo an industry rank of 194 out of 265 based on the ratings given to its competitors.
A number of research firms have issued reports on SECO. ValuEngine cut Secoo from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. BidaskClub upgraded Secoo from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 27th. Finally, Zacks Investment Research upgraded Secoo from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a report on Saturday, March 31st.
Shares of Secoo stock traded down $0.08 on Monday, reaching $11.46. 92,497 shares of the company’s stock were exchanged, compared to its average volume of 326,201. The stock has a market capitalization of $147.94 and a price-to-earnings ratio of 14.96. Secoo has a 52 week low of $6.61 and a 52 week high of $14.75. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.14 and a current ratio of 2.43.
Secoo (NASDAQ:SECO) last posted its quarterly earnings results on Thursday, March 22nd. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.04. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.31 billion. Secoo’s quarterly revenue was up 60.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.64 earnings per share. equities research analysts forecast that Secoo will post 0.91 EPS for the current year.
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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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