We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Li Auto Inc. Sponsored ADR (LI) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
Li Auto Inc. Sponsored ADR (LI - Free Report) ended the recent trading session at $32.47, demonstrating a +1.82% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.17%. Meanwhile, the Dow experienced a drop of 0.58%, and the technology-dominated Nasdaq saw an increase of 0.27%.
The the stock of company has fallen by 18.81% in the past month, lagging the Auto-Tires-Trucks sector's loss of 12.04% and the S&P 500's loss of 3.95%.
The investment community will be paying close attention to the earnings performance of Li Auto Inc. Sponsored ADR in its upcoming release.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.92 per share and revenue of $17.02 billion, which would represent changes of +9100% and +154.65%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Li Auto Inc. Sponsored ADR. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.07% lower. Right now, Li Auto Inc. Sponsored ADR possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, Li Auto Inc. Sponsored ADR is currently exchanging hands at a Forward P/E ratio of 34.54. This indicates a premium in contrast to its industry's Forward P/E of 6.35.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 46, finds itself in the top 19% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Li Auto Inc. Sponsored ADR (LI) Gains As Market Dips: What You Should Know
Li Auto Inc. Sponsored ADR (LI - Free Report) ended the recent trading session at $32.47, demonstrating a +1.82% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.17%. Meanwhile, the Dow experienced a drop of 0.58%, and the technology-dominated Nasdaq saw an increase of 0.27%.
The the stock of company has fallen by 18.81% in the past month, lagging the Auto-Tires-Trucks sector's loss of 12.04% and the S&P 500's loss of 3.95%.
The investment community will be paying close attention to the earnings performance of Li Auto Inc. Sponsored ADR in its upcoming release.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.92 per share and revenue of $17.02 billion, which would represent changes of +9100% and +154.65%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Li Auto Inc. Sponsored ADR. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.07% lower. Right now, Li Auto Inc. Sponsored ADR possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, Li Auto Inc. Sponsored ADR is currently exchanging hands at a Forward P/E ratio of 34.54. This indicates a premium in contrast to its industry's Forward P/E of 6.35.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 46, finds itself in the top 19% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.