December 8, 2022

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LI) Given A -1015.45% Drop From Highs? – Marketing Sentinel

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During the recent session, Li Auto Inc. (NASDAQ:LI)’s traded shares were 2.96 million. At the last check today, the stock’s price was $37.21, reflecting an intraday loss of -2.54% or -$0.97. The 52-week high for the LI share is $41.49, that puts it down -11.5 from that peak though still a striking 54.69% gain since the share price plummeted to a 52-week low of $16.86. The company’s market capitalization is $39.58B, and the average intraday trading volume over the past 10 days was 12.41 million shares, and the average trade volume was 11.52 million shares over the past three months.

Li Auto Inc. (LI) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.70. LI has a Sell rating from 0 analyst(s) out of 26 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 3 suggest Overweight, and 20 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.09.

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Li Auto Inc. (LI) registered a -2.54% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.54% in intraday trading to $37.21 this Thursday, 07/14/22, hitting a weekly high. The stock’s 5-day price performance is -2.80%, and it has moved by 31.43% in 30 days. Based on these gigs, the overall price performance for the year is 25.88%. The short interest in Li Auto Inc. (NASDAQ:LI) is 20.25 million shares and it means that shorts have 2.68 day(s) to cover.

The consensus price target of analysts on Wall Street is $274.70, which implies an increase of 86.45% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $94.62 and $415.06 respectively. As a result, LI is trading at a discount of -1015.45% off the target high and -154.29% off the low.

Li Auto Inc. (LI) estimates and forecasts

Statistics show that Li Auto Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Li Auto Inc. (LI) shares have gone up 28.08% during the last six months, with a year-to-date growth rate less than the industry average at -730.77% against -1.50. In the rating firms’ projections, revenue will increase 82.40% compared to the previous financial year.

Revenue for the current quarter is expected to be $1.29 billion as predicted by 6 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $2.14 billion by the end of Sep 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $845.42 million and $1.22 billion respectively. In this case, analysts expect current quarter sales to grow by 52.50% and then jump by 75.50% in the coming quarter.

While earnings are projected to return 61.10% in 2022, the next five years will return 13.21% per annum.

LI Dividends

Li Auto Inc. is due to release its next quarterly earnings between February 22 and February 27. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Li Auto Inc. (NASDAQ:LI)’s Major holders

Li Auto Inc. insiders own 0.30% of total outstanding shares while institutional holders control 28.04%, with the float percentage being 28.12%. Blackrock Inc. is the largest shareholder of the company, while 441 institutions own stock in it. As of Mar 30, 2022, the company held over 29.9 million shares (or 3.50% of all shares), a total value of $771.59 million in shares.

The next largest institutional holding, with 15.01 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 1.76% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $481.7 million.

Also, the Mutual Funds coming in first place with the largest holdings of Li Auto Inc. (LI) shares are Fidelity Series Emerging Markets Opportunities Fund and Vanguard International Stock Index-Emerging Markets Stk. Data provided on Feb 27, 2022 indicates that Fidelity Series Emerging Markets Opportunities Fund owns about 6.72 million shares. This amounts to just over 0.79 percent of the company’s overall shares, with a $204.68 million market value. The same data shows that the other fund manager holds slightly less at 5.56 million, or about 0.65% of the stock, which is worth about $145.04 million.

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