Should You Expect A Quick Recovery From Full Truck Alliance Co Ltd ADR (NYSE: YMM) After -24.33% Decline From High?

Full Truck Alliance Co Ltd ADR (NYSE:YMM)’s traded shares stood at 14.38 million during the last session, with the company’s beta value hitting 0.21. At the close of trading, the stock’s price was $11.14, to imply a decrease of -6.47% or -$0.77 in intraday trading. The YMM share’s 52-week high remains $13.85, putting it -24.33% down since that peak but still an impressive 40.22% since price per share fell to its 52-week low of $6.66.

Analysts have given a consensus recommendation of Buy for Full Truck Alliance Co Ltd ADR (YMM), translating to a mean rating of 1.38. 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 1.18.

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

After registering a -6.47% downside in the last 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 -10.74%, and 0.54% over 30 days. With these gigs, the year-to-date price performance is 2.96%.

The extremes give us $18 and $18 for target low and target high price respectively. As such, YMM has been trading -61.58% off suggested target high and -61.58% from its likely low.

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

The rating firms project that company’s revenue will grow 12.83% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 3.09B. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 3.34B.Earnings reports from the last fiscal year show that sales brought in 2.76B and 3.03B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 11.77% before jumping 10.02% in the following quarter.

YMM Dividends

Full Truck Alliance Co Ltd ADR has its next earnings report out in June. 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 0.10, with the share yield ticking at 0.86% to continue the rising pattern observed over the past year.

The next major institution holding the largest number of shares is JPMORGAN CHASE & CO with 32.52 million shares, or about 0.1563% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $261.49 million.

We also have Krane Shares Trust-KraneShares CSI China Internet ETF and VANGUARD WORLD FUND-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 Dec 31, 2024 , Krane Shares Trust-KraneShares CSI China Internet ETF holds roughly 19.82 shares. This is just over 2.11% of the total shares, with a market valuation of $220.82 million. Data from the same date shows that the other fund manager holds a little less at 12.23, or 1.30% of the shares, all valued at about 136.22 million.