Analysts provide stock recommendations for Li Auto Inc ADR (LI)

Li Auto Inc ADR (NASDAQ: LI) closed the day trading at $31.60 down -0.60% from the previous closing price of $31.79. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 3146442 shares were traded.

Ratios:

For a better understanding of LI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.09.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on February 06, 2024, Upgraded its rating to Buy and sets its target price to $41 from $45 previously.

On November 28, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $20.66.Jefferies initiated its Buy rating on November 28, 2022, with a $20.66 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LI now has a Market Capitalization of 31.21B and an Enterprise Value of 18.81B. As of this moment, Li’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.48, and their Forward P/E ratio for the next fiscal year is 10.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50 while its Price-to-Book (P/B) ratio in mrq is 4.56. Its current Enterprise Value per Revenue stands at 0.15 whereas that against EBITDA is 1.78.

Stock Price History:

Over the past 52 weeks, LI has reached a high of $47.33, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is 33.56, while the 200-Day Moving Average is calculated to be 35.98.

Shares Statistics:

Over the past 3-months, LI traded about 8.36M shares per day on average, while over the past 10 days, LI traded about 5.94M shares per day. A total of 824.31M shares are outstanding, with a floating share count of 815.76M. Insiders hold about 1.04% of the company’s shares, while institutions hold 11.18% stake in the company. Shares short for LI as of Mar 15, 2024 were 29.15M with a Short Ratio of 3.04, compared to 28.46M on Feb 15, 2024.

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