Summary Highlights:
- MINISO (MNSO, Financial) reports strong Q1 performance with significant revenue growth and improved gross margin.
- Analysts project an average price target of $24.69, suggesting potential upside.
- MINISO is currently rated "Outperform" with a GF Value estimate indicating substantial growth potential.
MINISO's Strong Q1 Performance
MINISO (MNSO) has announced impressive results for the first quarter, reporting a Non-GAAP EPADS of $0.26. The company's revenue surged by 18.9% year-over-year, reaching $610.1 million. Notably, the gross margin improved to 44.2%, while adjusted EBITDA experienced a healthy 7.5% increase. Furthermore, same-store sales in mainland China demonstrated noticeable improvement, reinforcing the company's strong market presence and operational efficiency.
Analyst Price Target Predictions
According to the insights of 14 Wall Street analysts, the average price target for MINISO Group Holding Ltd (MNSO, Financial) stands at $24.69, with expectations ranging from a high of $31.02 to a low of $17.11. This average target suggests an upside potential of 11.26% from the current stock price of $22.19. For a more comprehensive analysis, visit the MINISO Group Holding Ltd (MNSO) Forecast page on GuruFocus.
Brokerage Recommendations and Ratings
The consensus among 14 brokerage firms rates MINISO Group Holding Ltd (MNSO, Financial) as "Outperform" with an average recommendation score of 2.1 on a scale of 1 (Strong Buy) to 5 (Sell). This consensus reflects an overall positive sentiment towards the company's stock performance in the near to medium term.
GF Value Estimation
GuruFocus provides a calculated GF Value for MINISO Group Holding Ltd (MNSO, Financial) at $32.40 over the next year, indicating a promising upside of 46.01% from the current price of $22.19. This estimation is derived from historical trading multiples, past business growth trajectories, and future performance forecasts. Investors can access a detailed breakdown of these metrics on the MINISO Group Holding Ltd (MNSO) Summary page.
