During the last session, Li Auto Inc ADR (NASDAQ:LI)’s traded shares were 4.72 million, with the beta value of the company hitting 1.04. At the end of the trading day, the stock’s price was $29.83, reflecting an intraday gain of 0.67% or $0.2. The 52-week high for the LI share is $47.33, that puts it down -58.67 from that peak though still a striking 27.99% gain since the share price plummeted to a 52-week low of $21.48. The company’s market capitalization is $24.59B, and the average intraday trading volume over the past 10 days was 7.59 million shares, and the average trade volume was 8.32 million shares over the past three months.
Li Auto Inc ADR (NASDAQ:LI) trade information
Li Auto Inc ADR (LI) registered a 0.67% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.67% in intraday trading to $29.83, hitting a weekly high. The stock’s 5-day price performance is -1.49%, and it has moved by -21.23% in 30 days. Based on these gigs, the overall price performance for the year is 25.18%. The short interest in Li Auto Inc ADR (NASDAQ:LI) is 29.15 million shares and it means that shorts have 2.87 day(s) to cover.
Li Auto Inc ADR (LI) estimates and forecasts
Statistics show that Li Auto Inc ADR has outperformed its competitors in share price, compared to the industry in which it operates. Li Auto Inc ADR (LI) shares have gone down -15.18% during the last six months, with a year-to-date growth rate more than the industry average at 22.36% against 15.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 191.70% this quarter and then jump 30.00% in the quarter after that. In the rating firms’ projections, revenue will increase 57.90% compared to the previous financial year.
Revenue for the current quarter is expected to be $4.09 billion as predicted by 6 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $5.58 billion by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $2.6 billion and $3.74 billion respectively. In this case, analysts expect current quarter sales to grow by 57.10% and then jump by 49.40% in the coming quarter.
While earnings are projected to return 30.08% in 2024, the next five years will return 19.34% per annum.
LI Dividends
Li Auto Inc ADR is due to release its next quarterly earnings between May 08 and May 13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Li Auto Inc ADR (NASDAQ:LI)’s Major holders
Li Auto Inc ADR insiders own 0.02% of total outstanding shares while institutional holders control 11.71%, with the float percentage being 11.71%. Xiamen Xinweidachuang Investment Partnership (limited Partnership) is the largest shareholder of the company, while 362 institutions own stock in it. As of Jun 29, 2023, the company held over 12.55 million shares (or 1.42% of all shares), a total value of $440.56 million in shares.
The next largest institutional holding, with 10.14 million shares, is of FMR, LLC’s that is approximately 1.15% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $355.82 million.
Also, the Mutual Funds coming in first place with the largest holdings of Li Auto Inc ADR (LI) shares are Fidelity Series Emerging Markets Opportunities Fund and Price (T.Rowe) Emerging Markets Stock Fund. Data provided on Aug 30, 2023 indicates that Fidelity Series Emerging Markets Opportunities Fund owns about 4.01 million shares. This amounts to just over 0.45 percent of the company’s overall shares, with a $167.04 million market value. The same data shows that the other fund manager holds slightly less at 2.07 million, or about 0.23% of the stock, which is worth about $88.68 million.
