MINISO Group Holding Limited, trading as NYSE:MNSO, has recently garnered significant attention from the investment community, with brokerages assigning the lifestyle product retailer an average “Moderate Buy” rating. This optimistic sentiment is underlined by an encouraging average price target of $24.53, suggesting potential upside for MINISO stock.
A detailed breakdown of the analyst consensus reveals a varied but predominantly positive outlook. Among the eight research firms covering MINISO Group, one analyst has issued a “sell” rating, while two recommend “hold.” The balance swings towards a bullish perspective, with three firms advising “buy” and two advocating a “strong buy,” reflecting a collective confidence in the company’s financial performance and market position.
The $24.53 average 12-month target price among brokers indicates a consensus expectation for the company’s shares. This figure provides a benchmark for potential investors considering MINISO Group. Recent analyst activity includes Deutsche Bank Aktiengesellschaft reissuing a “hold” rating and setting a $20.00 price target for the shares in a research note on May 27th, offering a slightly more conservative view within the broader positive analyst ratings.
Shares of MINISO Group opened at $18.55 on a recent Friday, exhibiting specific trends in its trading patterns. The stock’s 50-day moving average currently stands at $18.08, while its 200-day moving average is $19.26. These technical indicators are crucial for investors assessing the stock market momentum and potential long-term trends for MNSO analysis.
From a fundamental perspective, MINISO Group boasts a robust market capitalization of $5.80 billion. The company’s financial health is further highlighted by a PE ratio of 16.71, a P/E/G ratio of 1.12, and a beta of 0.16, indicating relatively low volatility. These metrics are vital for a comprehensive investment insights into the company’s valuation and risk profile.
Further examination of the balance sheet shows a debt-to-equity ratio of 0.73, a current ratio of 1.99, and a quick ratio of 1.54, suggesting a healthy liquidity position. The past year has seen MINISO Group’s share price fluctuate, recording a 1-year low of $12.51 and a 1-year high of $27.71, reflecting market dynamics impacting the retail sector.
In its latest earnings report on May 23rd, MINISO Group announced an EPS of $0.19 for the quarter, missing analysts’ consensus estimates of $2.04 by a significant margin. Despite this, the company reported revenue of $609.87 million, against a consensus estimate of $4.35 billion. Looking ahead, sell-side analysts anticipate MINISO Group to post an EPS of 1.19 for the current year, which will be a key factor in future MNSO analysis.
MINISO Group Holding Limited operates as an investment holding company engaged in the global retail and wholesale of lifestyle products and pop toy products. Its diverse product portfolio spans home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care items, snacks, fragrances, and stationery under its MINISO and WonderLife brand names. Additionally, the company excels in the pop toy market with its TOP TOY brand, offering blind boxes, toy bricks, and collectible figures, demonstrating its breadth in the retail sector and strong market presence.
