MINISO Group (MNSO) Expected to Announce Quarterly Earnings on Friday

MINISO Group (NYSE:MNSO) is expected to be issuing its quarterly earnings data 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. Parties interested in registering for the company’s conference call can do so using this link.

MINISO Group Price Performance

MINISO Group stock opened at $21.77 on Thursday. MINISO Group has a 1 year low of $12.51 and a 1 year high of $27.71. The firm has a 50 day moving average price of $22.02 and a 200 day moving average price of $20.42. The company has a market cap of $6.80 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 0.80 and a beta of 0.10. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.66 and a current ratio of 2.14.

Wall Street Analysts Forecast Growth

MNSO has been the subject of a number of recent analyst reports. HSBC initiated coverage on shares of MINISO Group in a report on Wednesday, February 26th. They issued a “buy” rating and a $29.30 target price for the company. Hsbc Global Res upgraded shares of MINISO Group to a “strong-buy” rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $23.70.

About MINISO Group

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.