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Meituan Dianping (HK:3690)
HKEX:3690
Meituan Dianping (3690) Stock Price & Analysis
36 Followers
3690 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$61.10 - HK$150.00
Previous CloseHK$120.3
Volume49.04M
Average Volume (3M)41.81M
Market Cap
HK$750.58B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)48.7
Beta1.68
Next Earnings
May 23, 2024EPS Estimate
HK$1.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.47
Shares Outstanding5,634,717,341
10 Day Avg. Volume33,460,000
30 Day Avg. Volume41,811,153
Standard Deviation0.15
R-Squared0.09
Alpha0.07
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$133.20Price Target Upside10.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Meituan Dianping News
PremiumGlobal Markets
Can Meituan Stock Make a Comeback in 2024?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMeituan's robust financial results with revenue up and adjusted net profit surpassing expectations, signaling the company's growing profitability.
Market PositionLeading online food delivery platform in China with a c.70% market share, demonstrating a strong dominance in the industry.
Strategic InitiativesStrategic changes to improve efficiency and profitability, such as refining Meituan Select's business model, are expected to significantly boost the company's performance.
Bears Say
Competitive PressureRising competition from Bytedance continues to have a negative impact on Meituan’s results.
Financial PerformanceWith anticipated decelerating growth as well as declining margins and market share for Meituan, analysts retain their Underweight rating and $12 price target.
Market ConditionsThe local consumer services market has not seen a structural improvement, indicating that Meituan must remain vigilant in its business operations.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
6.87% Mutual Funds
9.28% Other Institutional Investors
83.85% Public Companies and
Individual Investors
3690 FAQ
What was Meituan Dianping’s price range in the past 12 months?
Meituan Dianping lowest stock price was HK$61.10 and its highest was HK$150.00 in the past 12 months.
What is Meituan Dianping’s market cap?
Currently, no data Available
When is Meituan Dianping’s upcoming earnings report date?
Meituan Dianping’s upcoming earnings report date is May 23, 2024 which is in 15 days.
How were Meituan Dianping’s earnings last quarter?
Meituan Dianping released its earnings results on Mar 22, 2024. The company reported HK$0.756 earnings per share for the quarter, beating the consensus estimate of HK$0.339 by HK$0.417.
Is Meituan Dianping overvalued?
According to Wall Street analysts Meituan Dianping’s price is currently Undervalued.
Does Meituan Dianping pay dividends?
Meituan Dianping does not currently pay dividends.
What is Meituan Dianping’s EPS estimate?
Meituan Dianping’s EPS estimate is HK$1.04.
How many shares outstanding does Meituan Dianping have?
Meituan Dianping has 5,634,730,500 shares outstanding.
What happened to Meituan Dianping’s price movement after its last earnings report?
Meituan Dianping reported an EPS of HK$0.756 in its last earnings report, beating expectations of HK$0.339. Following the earnings report the stock price went down -4.388%.
Which hedge fund is a major shareholder of Meituan Dianping?
Among the largest hedge funds holding Meituan Dianping’s share is Gilder Gagnon Howe & Co LLC.. It holds Meituan Dianping’s shares valued at N/A.
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Meituan Dianping Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
HK$133.20 (10.72% Upside)
HK$133.20 (10.72% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.32%
12-Months-Change
Fundamentals
Return on Equity
9.82%
Trailing 12-Months
Asset Growth
19.23%
Trailing 12-Months
Company Description
Meituan Dianping
Meituan Dianping is a Chinese investment holding company. The company through its subsidiaries provides the platform which uses technology to connect consumers to merchants and offers diversified daily services including food delivery, in-store dining, hotel, and travel booking and other services. The company earns the majority of the revenue from the Food delivery segments which offers food ordering and delivery service through the Group's platform.
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3690 Earnings Call
Q4 2024
0:00 / 0:00
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3690 Stock 12 Month Forecast
Average Price Target
HK$133.20
▲(10.72% Upside)
Technical Analysis
Best Analysts Covering 3690
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+24.60%
reiterated a buy rating 19 days ago
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