Does Earnings Surprise History Hold Any Clue for Noah (NYSE:NOAH)

Earnings results for Noah (NYSE:NOAH)

Noah Holdings Ltd. is estimated to report earnings on 11/09/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $0.8.

Noah last released its quarterly earnings results on August 24th, 2020. The asset manager reported $0.70 earnings per share (EPS) for the quarter. The business had revenue of $105.79 million for the quarter. Noah has generated $2.41 earnings per share over the last year and currently has a price-to-earnings ratio of 14.6. Noah has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 9th, 2020 based off prior year’s report dates.

Analyst Opinion on Noah (NYSE:NOAH)

1 Wall Street analysts have issued ratings and price targets for Noah in the last 12 months. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

There is not enough analysis data for Noah.

Dividend Strength: Noah (NYSE:NOAH)

Noah does not currently pay a dividend. Noah does not have a long track record of dividend growth.

Insiders buying/selling: Noah (NYSE:NOAH)

In the past three months, Noah insiders have not sold or bought any company stock. 54.16% of the stock of Noah is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Noah (NYSE:NOAH

Earnings for Noah are expected to grow by 36.67% in the coming year, from $2.10 to $2.87 per share. The P/E ratio of Noah is 14.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.85. The P/E ratio of Noah is 14.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.17. Noah has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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