Factors Likely to Have Influenced Earnings Results CooTek (Cayman) Stock Forecast, Price & News (NYSE:CTK)

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Earnings results for CooTek (Cayman) Stock Forecast, Price & News (NYSE:CTK)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.01 and remained the same over the past month at 0.01. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 0.56 and remained the same over the past month at 0.56 . none raised and none lowered their forecast.

CooTek (Cayman) last released its quarterly earnings results on May 14th, 2020. The reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.05. The firm had revenue of $107.01 million for the quarter, compared to analysts’ expectations of $85.50 million. CooTek (Cayman) has generated ($0.58) earnings per share over the last year. CooTek (Cayman) has confirmed that its next quarterly earnings report will be published on Tuesday, August 18th, 2020.

Analyst Opinion on CooTek (Cayman) Stock Forecast, Price & News (NYSE:CTK)

3 Wall Street analysts have issued ratings and price targets for CooTek (Cayman) in the last 12 months. Their average twelve-month price target is $9.50, predicting that the stock has a possible upside of 36.69%. The high price target for CTK is $14.00 and the low price target for CTK is $7.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

CooTek (Cayman) has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $9.50, CooTek (Cayman) has a forecasted upside of 36.7% from its current price of $6.95. CooTek (Cayman) has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: CooTek (Cayman) Stock Forecast, Price & News (NYSE:CTK)

CooTek (Cayman) does not currently pay a dividend. CooTek (Cayman) does not have a long track record of dividend growth.

Insiders buying/selling: CooTek (Cayman) Stock Forecast, Price & News (NYSE:CTK)

In the past three months, CooTek (Cayman) insiders have not sold or bought any company stock. Only 4.53% of the stock of CooTek (Cayman) is held by institutions.

Earnings and Valuation of CooTek (Cayman) Stock Forecast, Price & News (NYSE:CTK

Earnings for CooTek (Cayman) are expected to grow by 119.64% in the coming year, from $0.56 to $1.23 per share. The P/E ratio of CooTek (Cayman) is -9.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of CooTek (Cayman) is -9.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. CooTek (Cayman) has a P/B Ratio of 11.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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