MINISO Group (MNSO) to Release Earnings on Friday

MINISO Group (NYSE:MNSO) is anticipated to announce its earnings results before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of $2.61 per share and revenue of $4.82 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

MINISO Group Stock Down 2.7 %

MNSO stock opened at $21.04 on Wednesday. The company has a current ratio of 2.14, a quick ratio of 1.66 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $6.57 billion, a PE ratio of 18.95, a PEG ratio of 0.80 and a beta of 0.10. MINISO Group has a 1-year low of $12.51 and a 1-year high of $27.71. The business’s 50 day simple moving average is $22.08 and its 200 day simple moving average is $20.41.

Analyst Ratings Changes

A number of research analysts recently weighed in on MNSO shares. Hsbc Global Res raised MINISO Group to a “strong-buy” rating in a report on Wednesday, February 26th. HSBC assumed coverage on MINISO Group in a research note on Wednesday, February 26th. They issued a “buy” rating and a $29.30 price target for the company. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, MINISO Group has a consensus rating of “Moderate Buy” and an average target price of $23.70.

MINISO Group Company Profile

MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, Asia, the United States, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand.