Let’s Get Started On The Full Truck Alliance Co Ltd ADR (NYSE: YMM) Stock Forecast.

In today’s recent session, 1.47 million shares of the Full Truck Alliance Co Ltd ADR (NYSE:YMM) have been traded, and its beta is 0.20. Most recently the company’s share price was $7.02, and it changed around -$0.35 or -4.75% from the last close, which brings the market valuation of the company to $6.59B. YMM at last check was trading at a discount to its 52-week high of $9.68, offering almost -37.89% off that amount. The share price’s 52-week low was $5.70, which indicates that the recent value has risen by an impressive 18.8% since then. We note from Full Truck Alliance Co Ltd ADR’s average daily trading volume that its 10-day average is 7.08 million shares, with the 3-month average coming to 7.71 million.

Full Truck Alliance Co Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.15. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 1 recommended YMM as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Full Truck Alliance Co Ltd ADR is expected to report earnings per share of 0.14 for the current quarter.

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Full Truck Alliance Co Ltd ADR (NYSE:YMM) trade information

Instantly YMM has been showing red trend so far today with a performance of -4.75% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.94 on recent trading dayincreased the stock’s daily price by 11.59%. The company’s shares are currently up 0.14% year-to-date, but still down -7.27% over the last five days. On the other hand, Full Truck Alliance Co Ltd ADR (NYSE:YMM) is -6.52% down in the 30-day period. We can see from the shorts that 35.5 million shares have been sold at a short interest cover period of 5.53 day(s).

The consensus price target as assigned by Wall Street analysts is $10.39, which translates to bulls needing to increase their stock price by 32.44% from its current value. Analyst projections state that YMM is forecast to be at a low of $9 and a high of $12.

Full Truck Alliance Co Ltd ADR (YMM) estimates and forecasts

Full Truck Alliance Co Ltd ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 7.18 percent over the past six months and at a 29.73% annual growth rate that is well above the industry average of 16.80%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 27.30% in revenue this quarter, and will report an increase of 30.00% in the next quarter. The year-over-year growth rate is expected to be 24.60%, up from the previous year.

Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 388.56M in revenue for the current quarter. 3 analysts expect Full Truck Alliance Co Ltd ADR to make 384.85M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 310.3M and 339.15M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 25.20%. Forecasts for the next quarter put sales growth at 13.50%.

Full Truck Alliance Co Ltd ADR earnings are expected to increase by 60.78% in 2024, but the outlook is positive 30.10% per year for the next five years.

YMM Dividends

Full Truck Alliance Co Ltd ADR’s next quarterly earnings report is expected to be released on 2024-Nov-18. The annual dividend yield of the stock is 2.06 percent and its annual dividend per share was 0.14. It is important to note, however, that the 2.06% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

Full Truck Alliance Co Ltd ADR (NYSE:YMM)’s Major holders

ALL-STARS INVESTMENT LTD, with 3.0023% or 31.32 million shares worth $251.81 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

KraneShares CSI China Internet ETF and Vanguard International Growth Fund were the top two Mutual Funds as of Mar 31, 2024 . The former held 31.42 shares worth $220.73 million, making up 3.35% of all outstanding shares. On the other hand, Vanguard International Growth Fund held roughly 12.23 shares worth around $85.9 million, which represents about 1.30% of the total shares outstanding.