<div id="readability-page-1"><p>VNET Group (NASDAQ:VNET - Get Free Report) posted its earnings results on Thursday. The information technology services provider reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.03), Zacks reports. The firm had revenue of $339.65 million during the quarter, compared to analyst estimates of $2.27 billion. VNET Group had a net margin of 1.66% and a return on equity of 2.11%.  VNET Group updated its FY 2025 guidance to  EPS.</p><h2>VNET Group Stock Down 8.0%</h2><ul><li>VNET Group Stock is a Tax Loss Selling Play</li></ul><p>Shares of NASDAQ:VNET opened at $7.34 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 2.34. VNET Group has a 52-week low of $1.85 and a 52-week high of $16.13. The stock's fifty day simple moving average is $7.45 and its 200-day simple moving average is $7.83. The company has a market capitalization of $1.97 billion, a P/E ratio of -734.00, a P/E/G ratio of 4.35 and a beta of 0.18. </p><h2>Institutional Trading of VNET Group</h2><p>Institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its position in shares of  VNET Group by 52.2% in the second quarter. EverSource Wealth Advisors LLC now owns 4,157 shares of the information technology services provider's stock valued at $29,000 after acquiring an additional 1,426 shares in the last quarter.  Headlands Technologies LLC purchased a new stake in shares of  VNET Group in the second quarter valued at $55,000.  Raymond James Financial Inc. purchased a new stake in shares of  VNET Group in the second quarter valued at $69,000.  Quantbot Technologies LP lifted its position in shares of  VNET Group by 333.0% in the second quarter. Quantbot Technologies LP now owns 18,805 shares of the information technology services provider's stock valued at $130,000 after acquiring an additional 14,462 shares in the last quarter.  Finally, Orion Porfolio Solutions LLC purchased a new stake in shares of  VNET Group in the second quarter valued at $140,000. 72.83% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Wall Street Analyst Weigh In</h2><p>Separately, Wall Street Zen raised VNET Group from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Sunday, July 13th. Two research analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. Based on data from MarketBeat.com, VNET Group currently has an average rating of &#34;Buy&#34; and a consensus price target of $9.30.</p><p><b>Read Our Latest Analysis on VNET Group</b></p><p>VNET Group announced that its Board of Directors has initiated a stock buyback plan on Friday, June 27th that authorizes the company to repurchase $0.00 in  outstanding  shares. This repurchase authorization authorizes the information technology services provider to repurchase shares of its stock through open market purchases. Stock  repurchase plans are usually a sign that the company's leadership believes its shares are undervalued. </p><h2>About VNET Group</h2> (Get Free Report)<p>VNET Group, Inc, an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN Services that extend customers' private networks by setting up connections through the public internet.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than VNET Group</li><li>What Are Dividend Contenders? Investing in Dividend Contenders</li><li>Intel's New Buyers Mean Good News for Taiwan Semiconductor Stock</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Shopify’s Risk-Reward Profile Is Suddenly Red Hot</li><li>Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio</li><li>3 Robotics Stocks at the Heart of the Robotics Revolution</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Vk5FVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Vk5FVA"/></p><p><em>This 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.</em></p><h2>Should You Invest $1,000 in VNET Group Right Now?</h2><p>Before you consider VNET Group, you'll want to hear this.</p><p>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 VNET Group wasn't on the list.</p><p>While VNET Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

VNET

<p>VNET Group (NASDAQ:VNET) reported quarterly earnings of ($0.01) EPS, missing estimates by $0.03. Revenue was $339.65 million, significantly below the $2.27 billion forecast. The company has a net margin of 1.66% and a return on equity of 2.11%. Following the announcement, VNET's stock fell 8.0%. Institutional investors have increased their stakes, with 72.83% of shares held by hedge funds. Analysts have a consensus rating of "Buy" with a price target of $9.30. VNET also initiated a stock buyback plan, indicating confidence in its undervalued shares.</p>

VNET Group (NASDAQ:VNET) Announces Earnings Results, Misses Estimates By $0.03 EPS