MINISO Group Holding Limited Unsponsored ADR (MNSO) Suffers a Larger Drop Than the General Market: Key Insights

Core Viewpoint - MINISO Group Holding Limited Unsponsored ADR (MNSO) has experienced a decline in stock price and is under scrutiny for its upcoming earnings performance, with analysts adjusting estimates reflecting confidence in the company's potential [1][2][3]. Company Performance - MNSO closed at $22.84, down by 1.51% from the previous day, underperforming the S&P 500's loss of 1.46% [1]. - The stock has decreased by 3.62% over the past month, contrasting with the Retail-Wholesale sector's gain of 2.27% and the S&P 500's gain of 1.08% [1]. Analyst Estimates - Recent modifications to analyst estimates for MNSO are crucial, as positive revisions indicate confidence in the company's business performance and profit potential [3]. - The Zacks Consensus EPS estimate for MNSO has remained steady over the past month, and the company currently holds a Zacks Rank of 4 (Sell) [5]. Valuation Metrics - MNSO is trading with a Forward P/E ratio of 15.67, which is below the industry average Forward P/E of 16.32 [6]. - The company has a PEG ratio of 0.81, compared to the Retail-Apparel and Shoes industry's average PEG ratio of 1.52 [7]. Industry Context - The Retail-Apparel and Shoes industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 47, placing it in the top 19% of over 250 industries [7]. - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8].