Must-See Earnings Estimates for: 21Vianet Group Stock Forecast, Price & News (NASDAQ:VNET)

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Earnings results for 21Vianet Group Stock Forecast, Price & News (NASDAQ:VNET)

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 -0.04 and decreased over the past month from -0.03 to -0.04(33.33%). Of the 1 analysts making quarterly forecasts, none raised and 0 lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.05 and remained the same over the past month at -0.05 . Of the 1 analysts making yearly forecasts, none raised and 1 lowered their forecast.

21Vianet Group last issued its quarterly earnings data on May 14th, 2020. The information technology services provider reported ($0.92) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by $0.87. The company earned $154.05 million during the quarter. 21Vianet Group has generated ($0.24) earnings per share over the last year. 21Vianet Group has confirmed that its next quarterly earnings report will be published on Wednesday, August 19th, 2020.

Analyst Opinion on 21Vianet Group Stock Forecast, Price & News (NASDAQ:VNET)

5 Wall Street analysts have issued ratings and price targets for 21Vianet Group in the last 12 months. Their average twelve-month price target is $18.90, predicting that the stock has a possible downside of 21.51%. The high price target for VNET is $20.00 and the low price target for VNET is $17.80. There are currently 5 buy ratings for the stock, resulting in a consensus rating of “Buy.”

21Vianet Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $18.90, 21Vianet Group has a forecasted downside of 21.5% from its current price of $24.08. 21Vianet Group has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: 21Vianet Group Stock Forecast, Price & News (NASDAQ:VNET)

21Vianet Group does not currently pay a dividend. 21Vianet Group does not have a long track record of dividend growth.

Insiders buying/selling: 21Vianet Group Stock Forecast, Price & News (NASDAQ:VNET)

In the past three months, 21Vianet Group insiders have not sold or bought any company stock. Only 12.10% of the stock of 21Vianet Group is held by insiders. 39.96% of the stock of 21Vianet Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of 21Vianet Group Stock Forecast, Price & News (NASDAQ:VNET

Earnings for 21Vianet Group are expected to grow in the coming year, from ($0.05) to $0.20 per share. The P/E ratio of 21Vianet Group is -63.37, 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 21Vianet Group is -63.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. 21Vianet Group has a P/B Ratio of 3.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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