After finishing at $37.77 in the prior trading day, Li Auto Inc ADR (NASDAQ: LI) closed at $33.15, down -12.23%. In other words, the price has decreased by -$4.62 from its previous closing price. On the day, 16901763 shares were traded. LI stock price reached its highest trading level at $35.77 during the session, while it also had its lowest trading level at $32.90.
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Ratios:
Our goal is to gain a better understanding of LI by taking a closer 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 35.62B and an Enterprise Value of 23.00B. As of this moment, Li’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.49, and their Forward P/E ratio for the next fiscal year is 10.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 4.79. Its current Enterprise Value per Revenue stands at 0.19 whereas that against EBITDA is 2.18.
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 $21.18. The 50-Day Moving Average of the stock is 33.26, while the 200-Day Moving Average is calculated to be 36.08.
Shares Statistics:
The stock has traded on average 8.15M shares per day over the past 3-months and 8.57M shares per day over the last 10 days, according to various share statistics. 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 Feb 29, 2024 were 28.46M with a Short Ratio of 3.43, compared to 30.91M on Jan 31, 2024.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of $0.46 for the current quarter, with a high estimate of $0.57 and a low estimate of $0.36, while EPS last year was $0.12. The consensus estimate for the next quarter is $0.48, with high estimates of $0.57 and low estimates of $0.4.
Analysts are recommending an EPS of between $2.46 and $1.03 for the fiscal current year, implying an average EPS of $2.04. EPS for the following year is $2.81, with 11 analysts recommending between $3.38 and $1.31.
Revenue Estimates
6 analysts predict $4.86B in revenue for the current quarter. It ranges from a high estimate of $6.22B to a low estimate of $4.44B. As of the current estimate, Li Auto Inc ADR’s year-ago sales were $2.6B, an estimated increase of 86.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $6.23B, an increase of 66.90% less than the figure of $86.90% in the same quarter last year. There is a high estimate of $7.13B for the next quarter, whereas the lowest estimate is $5.9B.
A total of 22 analysts have provided revenue estimates for LI’s current fiscal year. The highest revenue estimate was $33.94B, while the lowest revenue estimate was $25.91B, resulting in an average revenue estimate of $29.81B. In the same quarter a year ago, actual revenue was $17.42B, up 71.10% from the average estimate. Based on 21 analysts’ estimates, the company’s revenue will be $39.88B in the next fiscal year. The high estimate is $44.46B and the low estimate is $33.22B. The average revenue growth estimate for next year is up 33.80% from the average revenue estimate for this year.
