Li Auto Inc ADR (LI): Street Finally Waking Up

Currently, there are 814.93M common shares owned by the public and among those 798.15M shares have been available to trade.

The company’s stock has a 5-day price change of 3.38% and -2.11% over the past three months. LI shares are trading 4.50% year to date (YTD), with the 12-month market performance down to -17.80% lower. It has a 12-month low price of $17.44 and touched a high of $46.44 over the same period. LI has an average intraday trading volume of 4.86 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.32%, 7.01%, and 10.92% respectively.

Institutional ownership of Li Auto Inc ADR (NASDAQ: LI) shares accounts for 7.60% of the company’s 814.93M shares outstanding.

It has a market capitalization of $20.43B and a beta (3y monthly) value of 0.91. The stock’s trailing 12-month PE ratio is 18.92, while the earnings-per-share (ttm) stands at $1.33. The company has a PEG of 1.72 and a Quick Ratio of 1.64 with the debt-to-equity ratio at 0.24. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.73% over the week and 3.00% over the month.

Analysts forecast that Li Auto Inc ADR (LI) will achieve an EPS of 2.61 for the current quarter, 1.17 for the next quarter and 11.3 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.5 while analysts give the company a high EPS estimate of 1.5. Comparatively, EPS for the current quarter was 4.23 a year ago. Earnings per share for the fiscal year are expected to decrease by -30.96%, and 45.48% over the next financial year.

Macquarie coverage for the Li Auto Inc ADR (LI) stock in a research note released on October 04, 2024 offered a Neutral rating with a price target of $33. Citigroup was of a view on September 04, 2024 that the stock is Neutral, while CLSA gave the stock Outperform rating on May 22, 2024, issuing a price target of $25. Barclays on their part issued Equal Weight rating on April 25, 2024.

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