Li Auto Inc ADR (NASDAQ:LI)’s traded shares stood at 3.32 million during the latest session, with the company’s beta value hitting 0.94. At the last check today, the stock’s price was $29.40, to imply a decrease of -1.67% or -$0.5 in intraday trading. The LI share’s 52-week high remains $46.44, putting it -57.96% down since that peak but still an impressive 40.68% since price per share fell to its 52-week low of $17.44. The company has a valuation of $23.96B, with an average of 12.61 million shares in intraday trading volume over the past 10 days and average of 7.78 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Li Auto Inc ADR (LI), translating to a mean rating of 1.48. Of 17 analyst(s) looking at the stock, 0 analyst(s) give LI a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 13 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 0.33.
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Li Auto Inc ADR (NASDAQ:LI) trade information
After registering a -1.67% downside in the latest session, Li Auto Inc ADR (LI) has traded red over the past five days. The 5-day price performance for the stock is 15.88%, and 56.63% over 30 days. With these gigs, the year-to-date price performance is -21.45%. Short interest in Li Auto Inc ADR (NASDAQ:LI) saw shorts transact 29.04 million shares and set a 3.88 days time to cover.
The extremes give us $18 and $53 for target low and target high price respectively. As such, LI has been trading -80.27% off suggested target high and 38.78% from its likely low.
Li Auto Inc ADR (LI) estimates and forecasts
Looking at statistics comparing Li Auto Inc ADR share performance against respective industry, we note that the company has underperformed competitors. Li Auto Inc ADR (LI) shares are -0.78% down over the last 6 months, with its year-to-date growth rate lower than industry average at -13.66% against -4.90%. Revenue is forecast to grow 73.70% this quarter before falling -54.70% for the next one. The rating firms project that company’s revenue will grow 17.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 5.93B. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 6.77B.Earnings reports from the last fiscal year show that sales brought in 4.72B and 5.88B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 25.60% before jumping 15.20% in the following quarter.
LI Dividends
Li Auto Inc ADR has its next earnings report out on 2024-Nov-07. 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.
Li Auto Inc ADR (NASDAQ:LI)’s Major holders
The next major institution holding the largest number of shares is RENAISSANCE TECHNOLOGIES LLC with 7.25 million shares, or about 0.7302% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $129.69 million.
We also have Fidelity Series Emerging Markets Opportunities Fund and Avantis Emerging Markets Equity ETF as the top two Mutual Funds with the largest holdings of the Li Auto Inc ADR (LI) shares. Going by data provided on Aug 31, 2024, Fidelity Series Emerging Markets Opportunities Fund holds roughly 1.45 shares. This is just over 0.16% of the total shares, with a market valuation of $42.37 million. Data from the same date shows that the other fund manager holds a little less at 592.47, or 0.07% of the shares, all valued at about 17.26 million.
