Full Truck Alliance Co Ltd ADR (NYSE: YMM) Stock Forecast: An Analysis

Best AI Stocks

In the last trading session, 26.99 million Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares changed hands as the company’s beta touched 0.22. With the company’s per share price at $9.01 changed hands at -$0.19 or -2.07% during last session, the market valuation stood at $8.60B. YMM’s last price was a discount, traded about -7.44% off its 52-week high of $9.68. The share price had its 52-week low at $5.70, which suggests the last value was 36.74% up since then. When we look at Full Truck Alliance Co Ltd ADR’s average trading volume, we note the 10-day average is 16.85 million shares, with the 3-month average coming to 8.37 million.

Analysts gave the Full Truck Alliance Co Ltd ADR (YMM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.15. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended YMM as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Full Truck Alliance Co Ltd ADR’s EPS for the current quarter is expected to be 0.15.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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

Instantly YMM was in red as seen at the end of in last trading. With action 17.93%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 28.53%, with the 5-day performance at 17.93% in the green. However, in the 30-day time frame, Full Truck Alliance Co Ltd ADR (NYSE:YMM) is 26.19% up. Looking at the short shares, we see there were 31.87 million shares sold at short interest cover period of 4.6 days.

The consensus price target for the stock as assigned by Wall Street analysts is 10.39, meaning bulls need an upside of 13.28% from its current market value. According to analyst projections, YMM’s forecast low is 9 with 12 as the target high. To hit the forecast high, the stock’s price needs a -33.19% plunge from its current level, while the stock would need to tank 0.11% for it to hit the projected low.

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

Data shows that the Full Truck Alliance Co Ltd ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 20.29% over the past 6 months, a 29.73% in annual growth rate that is considerably higher than the industry average of 18.20%. Year-over-year growth is forecast to reach 25.60% up from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 392.76M. 3 analysts are of the opinion that Full Truck Alliance Co Ltd ADR’s revenue for the current quarter will be 389.02M. The company’s revenue for the corresponding quarters a year ago was 310.3M and 339.15M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 26.60%. The estimates for the next quarter sales put growth at 14.70%.

The 2024 estimates are for Full Truck Alliance Co Ltd ADR earnings to increase by 58.40%, but the outlook for the next 5-year period is at 30.10% per year.

YMM Dividends

Full Truck Alliance Co Ltd ADR is expected to release its next quarterly earnings report in November. The 1.60% annual yield figure for the share gives it an annual dividend of 0.14. It is important to note, however, that the 1.60% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

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