Earnings Report: Here’s what to expect from Niu Technologies (NASDAQ:NIU)

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Earnings results for Niu Technologies (NASDAQ:NIU)

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 0.07 and remained the same over the past month at 0.07. 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 0.29 and remained the same over the past month at 0.29 . none raised and none lowered their forecast.

Niu Technologies last announced its earnings data on May 18th, 2020. The reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by $0.03. The company had revenue of $32.90 million for the quarter, compared to analyst estimates of $32.71 million. Niu Technologies has generated $0.36 earnings per share over the last year and currently has a price-to-earnings ratio of 74.4. Niu Technologies has confirmed that its next quarterly earnings report will be published on Monday, August 17th, 2020.

Analyst Opinion on Niu Technologies (NASDAQ:NIU)

3 Wall Street analysts have issued ratings and price targets for Niu Technologies in the last 12 months. Their average twelve-month price target is $20.00, suggesting that the stock has a possible downside of 3.94%. The high price target for NIU is $24.00 and the low price target for NIU is $13.00. There are currently 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Niu Technologies has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $20.00, Niu Technologies has a potential downside of 3.9% from its current price of $20.82. Niu Technologies has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Niu Technologies (NASDAQ:NIU)

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

Insiders buying/selling: Niu Technologies (NASDAQ:NIU)

In the past three months, Niu Technologies insiders have not sold or bought any company stock. Only 14.43% of the stock of Niu Technologies is held by institutions.

Earnings and Valuation of Niu Technologies (NASDAQ:NIU

Earnings for Niu Technologies are expected to grow by 79.31% in the coming year, from $0.29 to $0.52 per share. The P/E ratio of Niu Technologies is 74.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.42. The P/E ratio of Niu Technologies is 74.36, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 30.54. Niu Technologies has a PEG Ratio of 2.51. PEG Ratios above 1 indicate that a company could be overvalued. Niu Technologies has a P/B Ratio of 13.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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