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Li Auto Inc. Sponsored ADR (LI) Stock Falls Amid Market Uptick: What Investors Need to Know
LILI AUTO(LI) ZACKS·2024-09-30 23:01

Stock Performance - Li Auto Inc Sponsored ADR (LI) ended the recent trading session at 2565,showinga0525 65, showing a -0 5% change from the previous day's closing price [1] - Over the past month, the company's shares gained 32 48%, outperforming the Auto-Tires-Trucks sector's 11 75% gain and the S&P 500's 2 06% gain [1] Earnings and Revenue Projections - For the full year, the Zacks Consensus Estimates project earnings of 1 39 per share and revenue of $20 11 billion, representing changes of -13 66% and +16 13%, respectively, from the prior year [1] Analyst Estimates and Revisions - Recent changes to analyst estimates for Li Auto Inc Sponsored ADR reflect the evolving nature of near-term business trends [2] - Positive revisions in estimates indicate analysts' confidence in the company's business performance and profit potential [2] - The Zacks Consensus EPS estimate has remained steady over the past month, and the company currently holds a Zacks Rank of 3 (Hold) [2] Valuation Metrics - Li Auto Inc Sponsored ADR is trading at a Forward P/E ratio of 18 55, which is a premium compared to its industry's Forward P/E of 6 61 [3] - The company's PEG ratio is 1 76, higher than the Automotive - Foreign industry average of 0 76 [3] - The Automotive - Foreign industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 157, placing it in the bottom 38% of over 250 industries [3]