Where Does Kingsoft Cloud Holdings Limited (KC) Rank When It Comes To Price-To-Earnings Ratio?

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Kingsoft Cloud Holdings Limited (NASDAQ:KC) finished Wednesday with a subtraction of -$0.06 to close at $1.95, a downside of -2.99 percent. An average of 1,938,300 shares of common stock have been traded in the last five days. There was a fall of -$0.52 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 2,611,340 shares traded, while the 50-day average volume stands at 1,910,490.

KC stock has decreased by -31.82% in the last month. The company shares reached their 1-month lowest point of $1.95 on 09/21/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $1.98 and a high of $31.99 in 52 weeks. It has reached a new high 1 time so far this year and lost -87.62% or -$13.80 in price. In spite of this, the price is down -93.90% from the 52-week high.


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Valuation Metrics

Kingsoft Cloud Holdings Limited (KC) has a trailing price-to-sales (P/S) ratio at 0.39, the price-to-book (PB) ratio at 0.34, and the price-to-cash flow ratio at 9.06.

Financial Health

The quick ratio of Kingsoft Cloud Holdings Limited for the three months ended June 29 was 1.40, and the current ratio was 1.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.04 and a total debt to equity ratio of 0.16 for the quarter ending June 29. Its gross profit as reported stood at $55.12 million compared to revenue of $1.42 billion.

Earnings Surprise

For the three-month period that ended June 29, Kingsoft Cloud Holdings Limited had $390.9 million in cash. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$249.3 million in the quarter, while revenues were grew 39.63%. The analyst consensus anticipated Kingsoft Cloud Holdings Limited’s latest quarter earnings to come in at -$0.25 per share, but it turned out to be -$0.26, a -4.00% surprise. For the quarter, EBITDA amounted to -$82.42 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Kingsoft Cloud Holdings Limited (KC) price momentum. RSI 9-day as of the close on 21 September was 27.08%, suggesting the stock is oversold, with historical volatility in this time frame at 113.48%.

As of today, KC’s price is $2.06 -21.05% or -$0.52 from its 5-day moving average. KC is currently trading -31.34% lower than its 20-day SMA and -47.58% lower than its 100-day SMA. However, the stock’s current price level is -51.37% below the SMA50 and -86.51% below the SMA200.

The stochastic %K and %D were 1.82% and 1.82%, respectively, and the average true range (ATR) was 0.22. With the 14-day stochastic at 0.00% and the average true range at 0.25, the RSI (14) stands at 30.96%. The stock has reached -0.25 on the 9-day MACD Oscillator while the 14-day reading was at -0.43.

Analyst Ratings

Citigroup downgraded Kingsoft Cloud Holdings Limited (NASDAQ: KC) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Kingsoft Cloud Holdings Limited (KC) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KC, while 4 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 4 others rate it as a “buy”.

What is KC’s price target for the next 12 months?

Analysts predict a range of price targets between $18.06 and $73.24, with a median target of $34.31. Taking a look at these predictions, the average price target given by analysts for Kingsoft Cloud Holdings Limited (KC) stock is $35.82.

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