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VNET vs. TTD: Which Stock Is the Better Value Option?
ZACKS· 2024-08-30 16:41
Investors with an interest in Internet - Services stocks have likely encountered both 21Vianet (VNET) and The Trade Desk (TTD) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with pos ...
21Vianet (VNET)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2024-08-30 14:56
From a technical perspective, Vnet Group Inc. (VNET) is looking like an interesting pick, as it just reached a key level of support. VNET's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the ...
Is 21Vianet Group (VNET) a Great Value Stock Right Now?
ZACKS· 2024-08-30 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on ke ...
世纪互联:2季度业绩符合预期;AI算力驱动基地型IDC业务增长
交银国际证券· 2024-08-29 04:17
| --- | --- | |--------------------------------------------------|------------------------------| | 交银国际研究 \n消息快报 | | | | | | 数据中心 | 2024 年 8 月 29 日 | | 世纪互联 (VNET US) | | | 2 季度业绩符合预期; AI 算力驱动基地型 IDC | 业务增长 | 2 季度业绩符合预期,全年指引保持不变。2024 年 2 季度,公司收入 19.9 亿元(人民币,下同),同比增长 9.4%;经调整 EBITDA 为 5.74 亿元,同 比提高7.3%,约为我们2024 财年预测(23.3 亿元)的24.7%,基本符合预 期。公司维持全年业绩指引不变,预计全年收入在 78-80 亿元之间,同比 增速在 5.2%-7.9%;预计调整后 EBITDA 在 22.2-22.8 亿元之间,同比增速在 8.9%-11.8%之间。 AI 算力驱动基地型 IDC 业务增长,全年资本开支指引上调。2024 年 2 季 度,公司基地型 IDC 业务实现收入 4.0 亿元,环比增长 ...
VNET(VNET) - 2024 Q2 - Earnings Call Transcript
2024-08-28 16:35
VNET Group Inc (NASDAQ:VNET) Q2 2024 Results Conference Call August 27, 2024 9:00 PM ET Company Participants Xinyuan Liu - Director of Investor Relations Chenggang Shen - Rotating President & GM-IDC Strategic Business Group Qiyu Wang - Chief Financial Officer Conference Call Participants Yang Liu - Morgan Stanley Edison Lee - Jefferies Daley Li - Bank of America Tim Zhao - Goldman Sachs Ethan Zhang - Nomura Operator Hello, ladies and gentlemen. Thank you for standing by for the second quarter 2024 earnings ...
VNET Reports Unaudited Second Quarter 2024 Financial Results
Prnewswire· 2024-08-27 20:30
BEIJING, Aug. 27, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2024."We delivered another solid quarter through continued strong execution of our effective dual-core development strategy," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. "The wholesale IDC ...
VNET to Announce Unaudited Second Quarter 2024 Financial Results on August 27, 2024
Prnewswire· 2024-08-16 11:00
BEIJING, Aug. 16, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited second quarter 2024 financial results on Tuesday, August 27, 2024, after the close of U.S. markets.The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, August 27, 2024, or 9:00 AM Beijing Time on Wednesday, August 28, 2024.For ...
VNET Announces Change to Board Composition
Prnewswire· 2024-07-30 11:00
BEIJING, July 30, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the resignation of Mr. Erhfei Liu as an independent director of the Company's board of directors (the "Board"), effective July 24, 2024. Mr. Liu resigned for personal reasons and not due to any disagreement with the Board, the Company or any of its affiliates on any matter relating to the Company's operations, ...
VNET or AKAM: Which Is the Better Value Stock Right Now?
ZACKS· 2024-07-16 16:46
Investors interested in stocks from the Internet - Services sector have probably already heard of 21Vianet (VNET) and Akamai Technologies (AKAM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets compan ...
VNET Recognized in S&P Global's Sustainability Yearbook 2024 (China) for Second Consecutive Year
Prnewswire· 2024-07-16 11:00
BEIJING, July 16, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that its exceptional ESG (Environmental, Social, and Governance) performance was highlighted in S&P Global's Sustainability Yearbook 2024 (China). Notably, VNET received the highest S&P Global ESG score among its Chinese peers in the IT services industry and was the industry's only participant to be included in ...