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home / news releases / NOAH - Noah Holdings: Post-Results Negative Share Price Reaction Doesn't Seem Justified

NOAH - Noah Holdings: Post-Results Negative Share Price Reaction Doesn't Seem Justified

Noah Holdings Limited
  • Noah Holdings' share price dropped by -9% following its 1H 2021 earnings announcement, and this does not seem justified as it remains on track to achieve its full-year earnings guidance.
  • I am positive on Noah Holdings' growth in diamond & black card clients and its successful pivot to non-standardized products in the most recent quarter.
  • Noah Holdings currently trades at consensus forward FY 2021 and FY 2022 normalized P/E multiples of 11.2 times and 9.4 times, respectively.

For further details see:

Noah Holdings: Post-Results Negative Share Price Reaction Doesn't Seem Justified
Stock Information
Company Name: Noah Holdings Limited
Stock Symbol: NOAH
Market: NYSE
Website: ir.noahgroup.com
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