Noah Holdings Limited (NOAH): Key fundamentals of NOAH

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Noah Holdings Limited (NYSE:NOAH) changes shares on Wednesday trading session, with a change of -2.61% or -$0.68 shares. The trading starts at $25.84 and closed at $26.01 throughout the day. The trading session low price was $25.26 and day high was $25.96 on Wednesday, June 24. After the session, the Financial sector daily volume shifted to 0.26 million while its average volume is 366.98K. In other hand, the NOAH market cap reached to $1.60B. While, its current target price is $25.33 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -2.95% and down -4.34% for month. Its quarterly performance was 0.40% above, while its half year performance is down -27.46%. NOAH yearly performance stood at negative -36.80% and fall -28.39% for year-to-date. Current recommendation for Noah Holdings Limited is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NOAH EPS (TTM) for 12-month is 1.80. EPS for this year is 1.50%, while for the next year its value is 2.49. Sales growth for the current quarter is 0.79 while its EPS Q/Q reached -13.60%. It has an EPS of 59.90% up for past five years and for the next five years will be up 17.93%.

Let’s take a look on the analyst recommendations on NOAH for the current month and previous month. For the current month, 3 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 4 analysts participate in stock recommendation. Out of 4, 0 rated it sell, 2 rated it as Buy and 2 as Hold Ratings. On the other hand, target price ranges from $241.42-$269.59. Average target price for NOAH was reached at $258.68.

Yiheng Capital Management, L.P., FIL LTD and SC China Holding Ltd are the top three holders in Noah Holdings Limited (NOAH) stock. On Mar 30, 2020, Yiheng Capital Management, L.P. has 5.82 million shares which valued 150.6 million. On Mar 30, 2020, FIL LTD owned 3.86 million shares which valued at 99.79 million. On Mar 30, 2020, SC China Holding Ltd has a total of 3.3 million shares which valued at 85.34 million. In the end, SC China Holding Ltd have 12.33% shares outstanding of Noah Holdings Limited (NOAH) on Mar 30, 2020. The insider ownership moved to 84.60% and institutional holding shifted to 77.20%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NOAH fall -14.05% for period of 200 days. SMA for 50 days was -3.20% which is showing red signal, while SMA-20 was -4.41%. The moving average value for Noah Holdings Limited (NOAH) is 29.36 and 26.51 for 200 and 50 days respectively.