MINISO Group (MNSO) Projected to Post Earnings on Tuesday

MINISO Group (NYSE:MNSO) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of $2.61 per share and revenue of $4.82 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

MINISO Group Stock Up 2.9 %

MNSO stock opened at $19.86 on Monday. MINISO Group has a twelve month low of $12.51 and a twelve month high of $27.71. The company has a current ratio of 2.14, a quick ratio of 1.66 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $6.20 billion, a P/E ratio of 17.89, a PEG ratio of 0.80 and a beta of 0.10. The firm has a 50 day simple moving average of $22.69 and a 200-day simple moving average of $20.19.

Analyst Ratings Changes

A number of research firms have recently weighed in on MNSO. HSBC began coverage on shares of MINISO Group in a research report on Wednesday, February 26th. They set a “buy” rating and a $29.30 price target for the company. Hsbc Global Res raised shares of MINISO Group to a “strong-buy” rating in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, MINISO Group has an average rating of “Moderate Buy” and a consensus target price of $23.70.

About MINISO Group

MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, Asia, the United States, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand.