Equities analysts expect that Uxin Ltd (NASDAQ:UXIN) will announce earnings of ($0.19) per share for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Uxin’s earnings. The firm is scheduled to announce its next earnings results on Monday, January 1st.
On average, analysts expect that Uxin will report full-year earnings of ($0.29) per share for the current financial year, with EPS estimates ranging from ($0.29) to ($0.28). For the next fiscal year, analysts forecast that the business will report earnings of $0.52 per share, with EPS estimates ranging from $0.48 to $0.55. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Uxin.
Uxin (NASDAQ:UXIN) last issued its earnings results on Thursday, March 14th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.06). The firm had revenue of $165.62 million for the quarter.
Several brokerages have recently weighed in on UXIN. Zacks Investment Research upgraded shares of Uxin from a “sell” rating to a “hold” rating in a research report on Thursday, May 16th. ValuEngine raised shares of Uxin from a “hold” rating to a “buy” rating in a research note on Monday, April 1st. JPMorgan Chase & Co. boosted their target price on shares of Uxin from $7.00 to $8.00 and gave the stock an “overweight” rating in a research note on Thursday, March 14th. Finally, Credit Suisse Group assumed coverage on shares of Uxin in a research note on Tuesday, March 12th. They issued an “outperform” rating and a $7.70 target price for the company. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $7.50.
Shares of Uxin stock opened at $2.44 on Thursday. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.20. Uxin has a twelve month low of $1.41 and a twelve month high of $10.49. The stock has a market cap of $742.68 million and a PE ratio of -0.72.
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC raised its stake in shares of Uxin by 24.1% during the first quarter. Jane Street Group LLC now owns 32,267 shares of the company’s stock worth $122,000 after buying an additional 6,272 shares during the last quarter. Penserra Capital Management LLC raised its stake in shares of Uxin by 2.1% during the first quarter. Penserra Capital Management LLC now owns 435,080 shares of the company’s stock worth $1,648,000 after buying an additional 8,790 shares during the last quarter. Sawtooth Solutions LLC raised its stake in shares of Uxin by 75.0% during the first quarter. Sawtooth Solutions LLC now owns 28,000 shares of the company’s stock worth $106,000 after buying an additional 12,000 shares during the last quarter. Hsbc Holdings PLC bought a new stake in shares of Uxin during the fourth quarter worth approximately $68,000. Finally, Two Sigma Securities LLC bought a new stake in shares of Uxin during the fourth quarter worth approximately $69,000. 41.68% of the stock is owned by institutional investors.
Uxin Limited, through its subsidiaries, operates an used car e-commerce platform in China. It operates Uxin Used Car, an application that provides consumers with customized car recommendation, financing, title transfer, delivery, insurance referral, warranty and other related services; and Uxin Auction, an application that helps business buyers to source vehicles through online auctions.
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