ZACKSยท2024-10-02 23:06Company Performance - MINISO Group Holding Limited Unsponsored ADR (MNSO) closed at $19, reflecting a +0.74% change from the previous day, outperforming the S&P 500's daily gain of 0.01% [1] - Over the past month, MNSO shares have increased by 10.16%, while the Retail-Wholesale sector gained 5.59% and the S&P 500 gained 1.21% [1] - The upcoming earnings disclosure is anticipated, with a consensus estimate for revenue at $647.47 million, representing a 24.6% increase from the prior-year quarter [1] Analyst Estimates - Recent changes to analyst estimates for MNSO indicate positive short-term business trends, which are generally viewed as favorable for the company's outlook [2] - The Zacks Rank system, which incorporates estimate changes, currently ranks MNSO at 3 (Hold), with the Zacks Consensus EPS estimate having increased by 0.27% over the past month [2] Valuation Metrics - MNSO has a Forward P/E ratio of 15.38, which is lower than the industry average of 17.48, indicating that MNSO is trading at a discount [3] - The company has a PEG ratio of 0.77, significantly below the industry average PEG ratio of 1.94, suggesting favorable growth expectations relative to its valuation [3] Industry Context - The Retail - Apparel and Shoes industry, to which MNSO belongs, has a Zacks Industry Rank of 103, placing it in the top 41% of over 250 industries [3] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a positive outlook for MNSO within its industry context [4]