Waterdrop Inc. (NYSE:WDH) saw a downside of -1.21% to close Friday at $1.63 after subtracting -$0.02 on the day. The 5-day average trading volume is 705,580 shares of the company’s common stock. It has gained $1.6850 in the past week and touched a new high 1 time within the past 5 days. An average of 770,485 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 974,408.
WDH’s 1-month performance is -15.10% or -$0.3300 on its low of $1.5745 reached on 08/16/23. 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 -51.05% or -$1.7000 and has reached a new high 2 times. However, the current price is down -51.49% from the 52-week high price.
Valuation Metrics
WDH stock has a beta of -0.97. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.66 while the price-to-book (PB) in the most recent quarter is 0.99.
. In terms of profitability, the gross margin trailing 12 months is 59.70%. The trailing 12-month EBITDA margin is 17.89% while for the period ending March 30, Waterdrop Inc.’s operating margin was 13.50%. 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 18 August was 28.63% to suggest the stock is trending oversold, with historical volatility in this time period at 42.37%.
The stock’s 5-day moving average is $1.6500, reflecting a -1.81% or -$0.0300 change from its current price. WDH is currently trading -18.50% above its 20-day SMA, -45.30% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -30.34% and SMA200 by+25.38%.
Stochastic %K and %D was 22.97% and 21.25% and the average true range (ATR) pointed at 0.0907. The RSI (14) points at 29.97%, while the 14-day stochastic is at 19.44% with the period’s ATR at 0.1010. The stock’s 9-day MACD Oscillator is pointing at -0.0300 and -0.0712 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.
