ZACKSยท2024-08-12 23:01Company Overview - MINISO Group Holding Limited Unsponsored ADR (MNSO) closed at $15.85, showing no change from the previous day's closing price [1] - Over the past month, MNSO shares have decreased by 19.01%, underperforming the Retail-Wholesale sector's loss of 6.2% and the S&P 500's loss of 4.22% [1] - The company is set to release its earnings report on August 30, 2024, with a consensus revenue estimate of $557.54 million, reflecting a 24.31% increase from the same quarter last year [1] Analyst Estimates - Recent changes to analyst estimates for MNSO indicate evolving short-term business trends, with positive revisions suggesting optimism about the company's outlook [2] - The Zacks Rank system, which assesses estimate changes, currently ranks MNSO at 4 (Sell), with a consensus EPS projection that has decreased by 2.41% in the past 30 days [3] Valuation Metrics - MNSO is trading at a Forward P/E ratio of 13.06, which is below the industry's average Forward P/E of 15.19, indicating a valuation discount [3] - The company has a PEG ratio of 0.59, significantly lower than the Retail - Apparel and Shoes industry's average PEG ratio of 1.71 [3] Industry Context - The Retail - Apparel and Shoes industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 173, placing it in the bottom 32% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]