The stock of Waterdrop Inc. (NYSE:WDH) decreased by -$0.02 on Wednesday to $1.62, down -1.52 percent. The last five days have seen an average of 728,884 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$1.7150. The average number of shares traded over the last 20 days was 778,226, while the average volume over the last 50 days totaled 973,838.
WDH stock dropped -17.60% since last month. On 08/16/23, the company’s shares reached a one-month low of $1.5700. The stock touched a high of $3.36 on 01/04/23, after rallying from a low of $0.97 in 52 weeks. The price of WDH stock has declined by -51.50% or -$1.7150 this year, reaching a new high 2 times. Still, the stock price is down -51.93% from the 52-week high.
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Valuation Metrics
Waterdrop Inc. (WDH) has a trailing price-to-earnings (P/E) ratio of 8.50. Beta for the stock is -1.00. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.72, the price-to-book (PB) ratio of 0.97.
Financial Health
For the three months ended March 30, Waterdrop Inc.’s current ratio was 5.00. As far as profitability goes, gross margin for the trailing twelve months is 59.70% percent. Waterdrop Inc.’s EBITDA margin for the year ended March 30 was 17.89%, whereas its operating margin stood at 13.50% for the same period. Based on annual data, it had gross profit of $258.42 million and revenue of $406.22 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. WDH’s return on assets (ROA) during the last 12 months has been 9.60%. There was a 9.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 12.00%.
Earnings Surprise
According to Waterdrop Inc.’s quarterly financial report for the quarter that ended March 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $418.07 million, while revenues fell by -20.33% to $0.0. It was predicted that Waterdrop Inc.’s quarterly earnings would be $0.03, but it ended up being $0.02. EBITDA was $1.5 million for the quarter. At the end of Waterdrop Inc.’s most recent quarter ended March 30, its liabilities totaled 169.63 million, while its total debt was $70.17 million.
Technical Picture
Here’s a quick look at Waterdrop Inc.’s (WDH) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 25.58%, suggesting the stock is oversold, with a 40.03% historical volatility rate.
The stochastic %K and %D were 14.92% and 15.34% respectively, while the average true range (ATR) was 0.0948. Based on the 14-day stochastic reading of 13.64%, the RSI (14) reading is 28.07%. On the 9-day MACD Oscillator, the stock is at -0.0589, and the 14-day reading is at -0.1051.
Analyst Ratings
In its most recent analyst report, Morgan Stanley raised its rating on Waterdrop Inc. (NYSE: WDH) to an Overweight. Prior to this, analysts firm rated the stock as an Equal-weight. Analysts have assigned Waterdrop Inc. (WDH) an Buy rating. WDH is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is WDH’s price target for the next 12 months?
The current consensus forecast for the stock is between $21.69 and $22.89, with a median target price of $22.29. In analyzing these forecasts, the average price target given by analysts for Waterdrop Inc. (WDH) is $22.29.
