In the latest trading session, 1.33 million Li Auto Inc ADR (NASDAQ:LI) shares changed hands as the company’s beta touched 0.97. With the company’s most recent per share price at $25.36 changing hands around $0.11 or 0.46% at last look, the market valuation stands at $20.67B. LI’s current price is a discount, trading about -83.12% off its 52-week high of $46.44. The share price had its 52-week low at $17.44, which suggests the last value was 31.23% up since then. When we look at Li Auto Inc ADR’s average trading volume, we note the 10-day average is 8.83 million shares, with the 3-month average coming to 7.96 million.
Analysts gave the Li Auto Inc ADR (LI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.53. If we narrow down to specifics, the data shows that 0 out of 17 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended LI as a Hold, 13 felt it is a Buy and 0 rated the stock as Underweight. Li Auto Inc ADR’s EPS for the current quarter is expected to be 0.32.
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Li Auto Inc ADR (NASDAQ:LI) trade information
Instantly LI is in green as seen in intraday trades today. With action -4.71%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -32.23%, with the 5-day performance at -4.71% in the red. However, in the 30-day time frame, Li Auto Inc ADR (NASDAQ:LI) is 17.76% up. Looking at the short shares, we see there were 28.48 million shares sold at short interest cover period of 3.66 days.
The consensus price target for the stock as assigned by Wall Street analysts is 33, meaning bulls need an upside of 23.15% from its recent market value. According to analyst projections, LI’s forecast low is 18 with 53 as the target high. To hit the forecast high, the stock’s price needs a -108.99% plunge from its current level, while the stock would need to tank 29.02% for it to hit the projected low.
Li Auto Inc ADR (LI) estimates and forecasts
Data shows that the Li Auto Inc ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 1.83% over the past 6 months, a -13.66% in annual growth rate that is considerably lower than the industry average of -7.30%. Year-over-year growth is forecast to reach 16.80% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 5.86B. 7 analysts are of the opinion that Li Auto Inc ADR’s revenue for the current quarter will be 6.74B. The company’s revenue for the corresponding quarters a year ago was 4.72B and 5.88B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 24.10%. The estimates for the next quarter sales put growth at 14.60%.
The 2024 estimates are for Li Auto Inc ADR earnings to decrease by -33.55%, but the outlook for the next 5-year period is at 4.71% per year.
LI Dividends
Li Auto Inc ADR is expected to release its next quarterly earnings report on 2024-Oct-31.
Li Auto Inc ADR (NASDAQ:LI)’s Major holders
RENAISSANCE TECHNOLOGIES LLC holds the second largest percentage of outstanding shares, with 0.7302% or 7.25 million shares worth $129.69 million as of 2024-06-30.
