After Sinking 5.79% During Past Week, Is Full Truck Alliance Co Ltd ADR (NYSE: YMM) Still A Buy?

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Full Truck Alliance Co Ltd ADR (NYSE:YMM)’s traded shares stood at 3.14 million during the latest session, with the company’s beta value hitting 0.21. At the last check today, the stock’s price was $9.60, to imply a decrease of -1.99% or -$0.19 in intraday trading. The YMM share’s 52-week high remains $10.00, putting it -4.17% down since that peak but still an impressive 40.62% since price per share fell to its 52-week low of $5.70. The company has a valuation of $9.16B, with an average of 20.77 million shares in intraday trading volume over the past 10 days and average of 9.02 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Full Truck Alliance Co Ltd ADR (YMM), translating to a mean rating of 1.15. Of 5 analyst(s) looking at the stock, 0 analyst(s) give YMM a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.15.

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

After registering a -1.99% downside in the latest session, Full Truck Alliance Co Ltd ADR (YMM) has traded red over the past five days. The 5-day price performance for the stock is 5.79%, and 35.71% over 30 days. With these gigs, the year-to-date price performance is 36.88%. Short interest in Full Truck Alliance Co Ltd ADR (NYSE:YMM) saw shorts transact 31.87 million shares and set a 4.6 days time to cover.

The extremes give us $9 and $12 for target low and target high price respectively. As such, YMM has been trading -25.0% off suggested target high and 6.25% from its likely low.

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

Looking at statistics comparing Full Truck Alliance Co Ltd ADR share performance against respective industry, we note that the company has outperformed competitors. Full Truck Alliance Co Ltd ADR (YMM) shares are 29.84% up over the last 6 months, with its year-to-date growth rate higher than industry average at 29.73% against 18.10%. Revenue is forecast to grow 36.40% this quarter before jumping 30.00% for the next one. The rating firms project that company’s revenue will grow 25.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 4 analysts is 392.76M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 389.02M.Earnings reports from the last fiscal year show that sales brought in 310.3M and 339.15M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 26.60% before jumping 14.70% in the following quarter.

YMM Dividends

Full Truck Alliance Co Ltd ADR has its next earnings report out on 2024-Nov-18. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Full Truck Alliance Co Ltd ADR has a forward dividend ratio of 0.14, with the share yield ticking at 1.50% to continue the rising pattern observed over the past year.

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

The next major institution holding the largest number of shares is ALL-STARS INVESTMENT LTD with 31.32 million shares, or about 3.0023% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $251.81 million.

We also have KraneShares CSI China Internet ETF and Vanguard International Growth Fund as the top two Mutual Funds with the largest holdings of the Full Truck Alliance Co Ltd ADR (YMM) shares. Going by data provided on Jun 30, 2024, KraneShares CSI China Internet ETF holds roughly 25.42 shares. This is just over 2.73% of the total shares, with a market valuation of $243.64 million. Data from the same date shows that the other fund manager holds a little less at 12.23, or 1.31% of the shares, all valued at about 117.2 million.