NIO reported a fourth quarter loss that was wider than analysts' expectations, even though the Chinese carmaker beat revenue expectations.
The company’s loss for the quarter was -1.36 yuan (-$0.21), more than twice as large as the loss per share analysts expected.
Revenue, however, climbed +49% from the year-ago quarter to 9.9 billion yuan, beating analysts’ expectations of 9.7 billion yuan.
NIO delivered 25,034 vehicles, higher than analysts’ expectation of 24,930. Total vehicle sales for the quarter increased +49.3% year-over-year to 9.2 billion yuan (vehicle sales accounted for about 93% of total revenue for the quarter). The company's measure of gross margin for vehicle sales, was 20.9% compared to 17.2% in the year-ago quarter, on the back of higher average selling prices.
For Q1 FY 2022, NIO projects vehicle deliveries to be between 25,000 and 26,000, which would represent a year-over-year growth rates of approximately 24.6% to 29.6%. It is expecting revenue growth between 20.6% and 25.1% compared to the first quarter of FY 2021.
NIO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 33 cases where NIO's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NIO's RSI Oscillator exited the oversold zone, of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where NIO's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for NIO just turned positive on April 23, 2024. Looking at past instances where NIO's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NIO advanced for three days, in of 284 cases, the price rose further within the following month. The odds of a continued upward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NIO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for NIO entered a downward trend on April 25, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.689) is normal, around the industry mean (6.005). P/E Ratio (0.000) is within average values for comparable stocks, (18.064). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.553). NIO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (1.009) is also within normal values, averaging (74.209).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. NIO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NIO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of electric cars
Industry MotorVehicles