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Cheetah Net Supply Chain Service, Inc. Class A (CTNT)
NASDAQ:CTNT
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CTNT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.40 - $236.16
Previous Close$2.53
Volume69.55K
Average Volume (3M)181.45K
Market Cap
$25.72M
Enterprise Value$21.42M
Total Cash (Recent Filing)$6.29M
Total Debt (Recent Filing)$2.00M
Price to Earnings (P/E)―
Beta7.56
Next Earnings
Nov 07, 2024EPS Estimate
-$0.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.88
Shares Outstanding1,914,250
10 Day Avg. Volume279,271
30 Day Avg. Volume181,453
Standard Deviation0.34
R-Squared0.25
Alpha-0.19
Financial Highlights & Ratios
Price to Book (P/B)0.35
Price to Sales (P/S)0.42
Price to Cash Flow (P/CF)-1.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.65
Enterprise Value/Gross Profit5.04
Enterprise Value/Ebitda-68.12
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
Cheetah Net Supply Chain Service, Inc. Class A News
PremiumCompany Announcements
Cheetah Net Announces Leadership Change and New Agreements
PremiumCompany Announcements
Cheetah Net Stockholders Approve Key Corporate Amendments
PremiumCompany Announcements
Cheetah Net CFO Resigns, CEO Assumes Interim Role
PremiumCompany Announcements
Cheetah Net’s Successful Share Offering and Investor Terms
Bulls Say, Bears Say
Bulls Say
Debt ReductionCTNT is expected to use the equity offering proceeds to pay off debt and for potential acquisitions.
Higher MarginsU.S. logistics revenue can be less volatile and sensitive to changes in consumer demand and have longer-term contracts, which will lead to higher margins compared to CTNT's overseas luxury vehicle re-selling business.
Revenue DiversificationMore U.S. revenue from providing different logistics services will reduce CTNT's customer concentration and unpredictable changes in the China luxury vehicle market.
Bears Say
Dilutive OfferingCTNT priced an offering at $0.62, raising proceeds of $8.2M, which was more dilutive than anticipated and below the closing price of $1.19.
Equity RaiseCTNT's shares increased over 5-fold to $6.40, surpassing our prior price target of $3.00, following an equity raise, weak 1Q24 revenue, and a significant reduction in our revenue estimates.
Revenue Decline1Q24 revenue of $1.5M, down 85.3% y/y was well below forecast primarily due to price competition in China for luxury vehicles.
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CTNT FAQ
What was Cheetah Net Supply Chain Service, Inc. Class A’s price range in the past 12 months?
Cheetah Net Supply Chain Service, Inc. Class A lowest stock price was $2.40 and its highest was $236.16 in the past 12 months.
What is Cheetah Net Supply Chain Service, Inc. Class A’s market cap?
Currently, no data Available
When is Cheetah Net Supply Chain Service, Inc. Class A’s upcoming earnings report date?
Cheetah Net Supply Chain Service, Inc. Class A’s upcoming earnings report date is Nov 07, 2024 which is in 2 days.
How were Cheetah Net Supply Chain Service, Inc. Class A’s earnings last quarter?
Cheetah Net Supply Chain Service, Inc. Class A released its earnings results on Aug 13, 2024. The company reported -$0.48 earnings per share for the quarter, missing the consensus estimate of -$0.16 by -$0.32.
Is Cheetah Net Supply Chain Service, Inc. Class A overvalued?
According to Wall Street analysts Cheetah Net Supply Chain Service, Inc. Class A’s price is currently Overvalued.
Does Cheetah Net Supply Chain Service, Inc. Class A pay dividends?
Cheetah Net Supply Chain Service, Inc. Class A does not currently pay dividends.
What is Cheetah Net Supply Chain Service, Inc. Class A’s EPS estimate?
Cheetah Net Supply Chain Service, Inc. Class A’s EPS estimate is -$0.32.
How many shares outstanding does Cheetah Net Supply Chain Service, Inc. Class A have?
Cheetah Net Supply Chain Service, Inc. Class A has 1,914,250 shares outstanding.
What happened to Cheetah Net Supply Chain Service, Inc. Class A’s price movement after its last earnings report?
Cheetah Net Supply Chain Service, Inc. Class A reported an EPS of -$0.48 in its last earnings report, missing expectations of -$0.16. Following the earnings report the stock price went down -12.24%.
Which hedge fund is a major shareholder of Cheetah Net Supply Chain Service, Inc. Class A?
Currently, no hedge funds are holding shares in CTNT
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Cheetah Net Supply Chain Service, Inc. Class A Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
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Blogger Sentiment
Bullish
CTNT Sentiment 100%
Sector Average 65%
Sector Average 65%
Crowd Wisdom
Positive
Last 7 Days ▼ 1.6%
Last 30 Days ▲ 5.3%
Last 30 Days ▲ 5.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-86.48%
12-Months-Change
Fundamentals
Return on Equity
-12.54%
Trailing 12-Months
Asset Growth
37.83%
Trailing 12-Months
Company Description
Cheetah Net Supply Chain Service, Inc. Class A
Cheetah Net Supply Chain Service Inc. is a supplier of parallel-import vehicles in the United States to be sold in the People¿s Republic of China (PRC) market. The Company and its wholly owned subsidiaries are primarily engaged in the parallel-import vehicle dealership business. In the PRC, parallel-import vehicles refer to those purchased by dealers directly from overseas markets and imported for sale through channels other than brand manufacturers¿ official distribution systems. The Company purchases automobiles, primarily luxury brands such as Mercedes, BMW, Porsche, Lexus, and Bentley, from the U.S. market and resells them to its customers, including both U.S. and PRC parallel-import car dealers.
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CTNT Stock 12 Month Forecast
Average Price Target
―Technical Analysis
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