MINISO Group (MNSO) Expected to Announce Quarterly 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 Up 3.6 %

MNSO stock opened at $21.77 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.14 and a quick ratio of 1.66. MINISO Group has a 1-year low of $12.51 and a 1-year high of $27.71. The firm has a fifty day moving average price of $22.02 and a two-hundred day moving average price of $20.42. The firm 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.

Analyst Upgrades and Downgrades

MNSO has been the subject of several recent research reports. HSBC initiated coverage on shares of MINISO Group in a research note on Wednesday, February 26th. They set 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 analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.