Waterdrop Inc. (NYSE:WDH) saw a downside of -1.97% to $1.75 after subtracting -$0.03 on Monday. The 5-day average trading volume is 691,783 shares of the company’s common stock. It has gained $1.8600 in the past week and touched a new high 1 time within the past 5 days. An average of 801,761 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 936,606.
WDH’s 1-month performance is -14.88% or -$0.3150 on its low of $1.7204 reached on 08/07/23. The company’s shares have touched a 52-week low of $0.97 and high of $3.36, with the stock’s rally to the 52-week high happening on 01/04/23. YTD, WDH has lost -47.60% or -$1.5950 and has reached a new high 2 times. However, the current price is down -48.07% from the 52-week high price.
Valuation Metrics
WDH stock has a beta of -1.05. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.76 while the price-to-book (PB) in the most recent quarter is 1.04.
In terms of profitability, the gross margin trailing 12 months is 59.70%. The firm’s gross profit as reported stood at $258.42 million against revenue of $406.22 million.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 407.46% to $88.11 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected WDH to announce $0.02 per share in earnings in its latest quarter, but it posted $0.03, representing a 50.00% surprise. EBITDA for the quarter stood at more than $1.5 million. WDH stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 169.63 million, with total debt at $70.17 million.
Let’s look briefly at Waterdrop Inc. (WDH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 August was 25.49% to suggest the stock is trending oversold, with historical volatility in this time period at 18.26%.
The stock’s 5-day moving average is $1.7870, reflecting a -6.22% or -$0.1150 change from its current price. WDH is currently trading -15.37% above its 20-day SMA, -40.17% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -33.52% and SMA200 by+53.54%.
Stochastic %K and %D was 8.49% and 8.63% and the average true range (ATR) pointed at 0.1029. The RSI (14) points at 28.86%, while the 14-day stochastic is at 4.30% with the period’s ATR at 0.1157. The stock’s 9-day MACD Oscillator is pointing at -0.0556 and -0.1039 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Waterdrop Inc. (NYSE: WDH), Morgan Stanley upgraded it to an Overweight rating. They previously had an Equal-weight rating on the stock. Analysts offering their rating for WDH stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate WDH as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is WDH’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $21.69 and a high of $22.89, with their median price target at $22.29. Looking at these predictions, the average price target given by analysts is for Waterdrop Inc. (WDH) stock is $22.29.
