Zacks: Secoo Holding Ltd – (SECO) Receives Average Rating of “Strong Buy” from Analysts

Shares of Secoo Holding Ltd – (NASDAQ:SECO) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokers have set a twelve-month consensus price target of $18.00 for the company and are anticipating that the company will post $0.10 EPS for the current quarter, according to Zacks. Zacks has also given Secoo an industry rank of 107 out of 265 based on the ratings given to its competitors.

Several analysts recently weighed in on SECO shares. Zacks Investment Research upgraded shares of Secoo from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a report on Wednesday, December 20th. Jefferies Group started coverage on shares of Secoo in a report on Tuesday, October 17th. They set a “buy” rating and a $18.00 target price on the stock. ValuEngine cut shares of Secoo from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 30th. Finally, BidaskClub upgraded shares of Secoo from a “hold” rating to a “buy” rating in a report on Thursday, January 18th.

A hedge fund recently bought a new stake in Secoo stock. Maso Capital Partners Ltd bought a new stake in shares of Secoo Holding Ltd – (NASDAQ:SECO) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 50,000 shares of the company’s stock, valued at approximately $445,000. Secoo makes up 0.3% of Maso Capital Partners Ltd’s holdings, making the stock its 12th largest position. Maso Capital Partners Ltd owned 0.39% of Secoo as of its most recent SEC filing. Institutional investors own 24.83% of the company’s stock.

Shares of Secoo (NASDAQ SECO) opened at $13.50 on Thursday. Secoo has a fifty-two week low of $6.61 and a fifty-two week high of $14.75. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.33 and a quick ratio of 1.22.

Secoo (NASDAQ:SECO) last released its quarterly earnings results on Thursday, November 16th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.17). equities research analysts forecast that Secoo will post 0.73 EPS for the current year.

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About Secoo

Secoo Holding Limited is an online integrated platform company. The Company offers an integrated online and offline shopping platform, which consists of its Secoo.com Website, mobile applications and offline experience centers. The Company offers a range of products including watches, bags, clothing, footwear, jewelry, accessories, menswear, children’s wear, sportswear, cosmetics and skin care, automobile, home goods, lifestyle services, lifestyle services and high-end Chinese original products.

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