Last Updated: 19 Sep 2024
Executive Summary
Xunlei Ltd Adr (XNET) is a Chinese company that operates an internet platform for digital media content. The company has a market capitalization of $103.79 million, an EBITDA of $9.15 million, and a P/E ratio of 6.27. XNET has been experiencing negative quarterly earnings and revenue growth, but its latest stock price of $1.63 is still above its 52-week low of $1.36.
Company Overview
Xunlei was founded in 2003 and is headquartered in Shenzhen, China. The company's platform offers a variety of content, including movies, TV shows, music, and games. XNET also provides cloud storage and other services. The company has over 400 million registered users and its platform is one of the most popular in China.
Fundamental Analysis
XNET's financial performance has been mixed in recent years. The company's revenue has declined in each of the past three years, and its earnings have been volatile. However, XNET's profitability has improved in recent quarters, and its gross profit margin is now 44%. The company's balance sheet is also strong, with $141.44 million in cash and equivalents.
Technical Analysis
XNET's stock price has been trading in a range between $1.36 and $1.98 over the past year. The stock is currently trading near the bottom of this range, and its technical indicators are mixed. The stock's 50-day moving average is above its 200-day moving average, which is a bullish sign. However, the stock's relative strength index (RSI) is below 50, which is a bearish sign.
Short Term Outlook
XNET's short-term outlook is uncertain. The company's financial performance has been mixed, and its stock price is trading near its 52-week low. However, the stock's technical indicators are mixed, and the company's balance sheet is strong.
Long Term Outlook
XNET's long-term outlook is more positive. The company's platform is one of the most popular in China, and the company has a strong balance sheet. However, the company's financial performance has been mixed, and the stock price is trading near its 52-week low.
Analyst Recommendations
Analysts are mixed on XNET. Some analysts believe that the company's stock is undervalued, while others believe that the stock is fairly valued. The average analyst target price for XNET is $12.00.
