In recent trading session, Li Auto Inc ADR (NASDAQ:LI) saw 3.99 million shares changing hands at last check today with its beta currently measuring 0.97. Company’s recent per share price level of $40.83 trading at $1.96 or 5.04% at last check today assigns it a market valuation of $33.66B. That most recent trading price of LI’s stock is at a discount of -15.92% from its 52-week high price of $47.33 and is indicating a premium of 60.27% from its 52-week low price of $16.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.47 million shares which gives us an average trading volume of 5.31 million if we extend that period to 3-months.
For Li Auto Inc ADR (LI), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.39. Splitting up the data highlights that, out of 38 analysts covering the stock, 0 rated the stock as a Sell while 6 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 28 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.35 in the current quarter.
Li Auto Inc ADR (NASDAQ:LI) trade information
Upright in the green today for gaining 5.04%, in the last five days LI remained trading in the green while hitting it’s week-highest on Friday, 11/17/23 when the stock touched $40.83 price level, adding 2.06% to its value on the day. Li Auto Inc ADR’s shares saw a change of 100.15% in year-to-date performance and have moved 10.47% in past 5-day. Li Auto Inc ADR (NASDAQ:LI) showed a performance of 26.10% in past 30-days. Number of shares sold short was 30.34 million shares which calculate 6.42 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $392.55 to the stock, which implies a rise of 89.6% to its recent value today. Analysts have been projecting $254.99 as a low price target for the stock while placing it at a high target of $582.14. It follows that stock’s current price would drop -1325.77% in reaching the projected high whereas dropping to the targeted low would mean a loss of -524.52% for stock’s current value.
Li Auto Inc ADR (LI) estimates and forecasts
Statistics highlight that Li Auto Inc ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 40.31% of value to its shares in past 6 months, showing an annual growth rate of 9,000.00% while that of industry is -1.30. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 775.00% in the current quarter and calculating 233.30% increase in the next quarter. This year revenue growth is estimated to rise 158.50% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $5.32 billion for the same. And 2 analysts are in estimates of company making revenue of $5.4 billion in the next quarter that will end on Mar 2024. Company posted $2.55 billion and $2.6 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 108.40% while estimating it to be 107.40% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.09% during past 5 years.
Li Auto Inc ADR is more likely to be releasing its next quarterly report on November 09 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Li Auto Inc ADR (NASDAQ:LI)’s Major holders
Insiders are in possession of 0.04% of company’s total shares while institution are holding 13.45 percent of that, with stock having share float percentage of 13.45%. Investors also watch the number of corporate investors in a company very closely, which is 13.45% institutions for Li Auto Inc ADR that are currently holding shares of the company. Xiamen Xinweidachuang Investment Partnership (limited Partnership) is the top institutional holder at LI for having 12.55 million shares of worth $440.56 million. And as of Jun 29, 2023, it was holding 1.42% of the company’s outstanding shares.
The second largest institutional holder is FMR, LLC, which was holding about 10.14 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 1.15% of outstanding shares, having a total worth of $355.82 million.
On the other hand, Fidelity Series Emerging Markets Opportunities Fund and Price (T.Rowe) Emerging Markets Stock Fund are the top two Mutual Funds which own company’s shares. As of Aug 30, 2023, the former fund manager was holding 4.01 million shares of worth $167.04 million or 0.45% of the total outstanding shares. The later fund manager was in possession of 2.07 million shares on Jul 30, 2023, making its stake of worth around $88.68 million in the company or a holder of 0.23% of company’s stock.