Latest news with #VNET
Yahoo
16-07-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why VNET Group (VNET) is a Great Choice
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at VNET Group (VNET), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. VNET Group currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? In order to see if VNET is a promising momentum pick, let's examine some Momentum Style elements to see if this provider of carrier-neutral internet data center services holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For VNET, shares are up 2.58% over the past week while the Zacks Internet - Software industry is down 2.73% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 62.88% compares favorably with the industry's 1.51% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of VNET Group have increased 85.63% over the past quarter, and have gained 303.57% in the last year. In comparison, the S&P 500 has only moved 16.04% and 12.11%, respectively. Investors should also pay attention to VNET's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. VNET is currently averaging 8,016,203 shares for the last 20 days. Earnings Outlook The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with VNET. Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost VNET's consensus estimate, increasing from $0.07 to $0.10 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been no downward revisions in the same time period. Bottom Line Given these factors, it shouldn't be surprising that VNET is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep VNET Group on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VNET Group, Inc. - Unsponsored ADR (VNET) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-07-2025
- Business
- Yahoo
VNET or SPOT: Which Is the Better Value Stock Right Now?
Investors interested in Internet - Software stocks are likely familiar with VNET Group (VNET) and Spotify (SPOT). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. 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 Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. VNET Group and Spotify are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This means that VNET's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one piece of the puzzle for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. VNET currently has a forward P/E ratio of 71.59, while SPOT has a forward P/E of 83.78. We also note that VNET has a PEG ratio of 1.31. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. SPOT currently has a PEG ratio of 2.03. Another notable valuation metric for VNET is its P/B ratio of 2.02. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, SPOT has a P/B of 24.03. These metrics, and several others, help VNET earn a Value grade of A, while SPOT has been given a Value grade of F. VNET is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that VNET is likely the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VNET Group, Inc. - Unsponsored ADR (VNET) : Free Stock Analysis Report Spotify Technology (SPOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
30-06-2025
- Business
- Yahoo
VNET Group (VNET) is a Great Momentum Stock: Should You Buy?
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at VNET Group (VNET), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. VNET Group currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for VNET that show why this provider of carrier-neutral internet data center services shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For VNET, shares are up 0.74% over the past week while the Zacks Internet - Software industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 30.71% compares favorably with the industry's 0.69% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of VNET Group have increased 9.23% over the past quarter, and have gained 233.17% in the last year. On the other hand, the S&P 500 has only moved 8.73% and 13.86%, respectively. Investors should also take note of VNET's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, VNET is averaging 4,162,718 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with VNET. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost VNET's consensus estimate, increasing from $0.07 to $0.10 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that VNET is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep VNET Group on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VNET Group, Inc. - Unsponsored ADR (VNET) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
21Vianet: Q1 Earnings Snapshot
BEIJING (AP) — BEIJING (AP) — 21Vianet Group Inc. (VNET) on Wednesday reported a loss of $32.7 million in its first quarter. The Beijing-based company said it had a loss of 12 cents per share. The provider of carrier-neutral internet data center services posted revenue of $309.5 million in the period. 21Vianet expects full-year revenue in the range of $1.25 billion to $1.28 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on VNET at
Yahoo
28-05-2025
- Business
- Yahoo
21Vianet: Q1 Earnings Snapshot
BEIJING (AP) — BEIJING (AP) — 21Vianet Group Inc. (VNET) on Wednesday reported a loss of $32.7 million in its first quarter. The Beijing-based company said it had a loss of 12 cents per share. The provider of carrier-neutral internet data center services posted revenue of $309.5 million in the period. 21Vianet expects full-year revenue in the range of $1.25 billion to $1.28 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on VNET at Sign in to access your portfolio
