Puxin Limited (NEW) Stock: Here’s What’s Happening

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Puxin Limited (NEW) is climbing in the market today. The stock, focused in the service space, is currently trading at $6.75 after a move up of 5.47% so far in today’s session. As it relates to service companies, there are several aspects that have the ability to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines associated with NEW:

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Jun-04-19 06:00AM Puxin Limited Announces Changes to Audit Committee of the Board of Directors
May-24-19 05:41PM Edited Transcript of NEW.N earnings conference call or presentation 20-May-19 12:00pm GMT
May-20-19 10:23AM Puxin Limited (NEW) Q1 2019 Earnings Call Transcript
06:22AM Puxin Limited Announces First Quarter 2019 Unaudited Financial Results
May-14-19 06:00AM Puxin to Report First Quarter 2019 Financial Results on May 20, 2019

However, any time investors are making a decision to invest, prospective investors should look into much more than news, this is especially the case in the ever complex service space. Here’s what’s happing when it comes to Puxin Limited.

The Performance That We’ve Seen From NEW

While a move up in a single session, like the gain that we’re seeing from Puxin Limited may lead to fear in some investors, a single session move alone should not be the reason for a decision to, or not to, invest in a company. It is generally smart to take a look at trends experienced by the stock beyond a single trading session. In the case of NEW, below are the returns on investment that investors have seen:

  • Past 7 Days – In the past 5 trading sessions, NEW has produced a change in price in the amount of 12.50%.
  • Monthly – The monthly performance from Puxin Limited comes to 1.50%.
  • Past Quarter – Over the last 3 months, the stock has generated a return on investment of 1.81%
  • Past 6 Months – Throughout the previous six months, we’ve seen a performance that equates to 18.42% from the stock.
  • Year To Date – Since the the last trading session of last year NEW has resulted in a return on investment of 14.21%.
  • Annually – Lastly, over the past full year, investors have seen a change amounting to 0 from NEW. In this period, the stock has sold at a high price of -80.71% and a low price of 35.00%.

Rations That You Should Consider

Digging into a few ratios having to do with a company generally gives investors a look of just how risky and/or potentially profitable a stock pick might be. Below are a few of the important ratios to consider when digging into NEW.

Short Ratio – The short ratio is a tool that is used by investors to measure the amount of short interest. As the short ratio climbs, it shows that more investors believe that the price of the stock is going to gain. In general, strong service stocks can carry a lower short ratio. However, we also see quite a few short squeezes in the industry. Nonetheless, as it relates to Puxin Limited, the stock’s short ratio is 0.53.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay for its debts when they mature with only current assets or quick assets. come with strong current and quick ratios. When it comes to NEW, the quick and current ratios come to 0.50 and 0.50 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the book value of assets that are owned by the company. as it relates to Puxin Limited, that ratio comes in at 7.60.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the price of the company’s stock. In the case of NEW, the cash to share value works out to 1.37.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in NEW, here’s what we’re seeing:

Institutions own 7.90% of the company. Institutional interest has moved by -10.63% over the past three months. When it comes to insiders, those who are close to the company currently own 0 percent of NEW shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What Analysts Think About Puxin Limited

While it’s not a good idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a good idea to consider their opinions when validating your own opinions before making an investment decision in the service space. Here are the recent moves that we’ve seen from analysts with regard to NEW.

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Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $6.96. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, NEW has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of -879.00% and revenue has seen movement of 24.20%.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 82.25M shares of Puxin Limited outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, NEW has a float of 3.60M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NEW, the short percent of the float is 4.57%.

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