Youdao (NYSE:DAO) Posts Quarterly Earnings Results

Youdao (NYSE:DAO - Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, reports. Youdao had a negative return on equity of 6.87% and a net margin of 2.67%. The business had revenue of $197.82 million during the quarter, compared to analyst estimates of $1.38 billion.Youdao Trading Up 5.0%NYSE:DAO traded up $0.49 on Friday, reaching $10.25. The stock had a trading volume of 133,350 shares, compared to its average volume of 123,367. The company has a 50-day moving average of $8.77 and a 200 day moving average of $8.64. The stock has a market cap of $1.22 billion, a P/E ratio of 56.92 and a beta of 0.24. Youdao has a 12-month low of $3.00 and a 12-month high of $11.82. Analyst Ratings ChangesSeparately, Wall Street Zen raised shares of Youdao from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th.Check Out Our Latest Stock Report on YoudaoYoudao Company Profile (Get Free Report)Youdao, Inc, an internet technology company, provides online services in the field of content, community, communication, and commerce in China. It operates through three segments: Learning Services, Smart Devices, and Online Marketing Services. The company provides various learning content, applications, and solutions, which cover topics and target people from various age groups for their learning needs through its websites and mobile applications.Recommended StoriesFive stocks we like better than YoudaoHow to Use the MarketBeat Stock Screener Buffett’s Mystery Buy Revealed, and It’s a Big Bet on UNHWhat is the Nasdaq? Complete Overview with HistoryAmprius Technologies’ Blowout Quarter Fuels Record-Setting GrowthWhat is a Dividend King? Applied Materials' Knee-Jerk Sell-Off Is Your Signal to BuyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Youdao Right Now?Before you consider Youdao, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Youdao wasn't on the list.While Youdao currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here