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Li Auto Inc. Sponsored ADR (LI) Ascends While Market Falls: Some Facts to Note
LILI AUTO(LI) ZACKS·2024-10-21 22:56

Company Performance - Li Auto Inc. Sponsored ADR (LI) closed at 25.26,withaslightincreaseof+0.0425.26, with a slight increase of +0.04% from the previous day, outperforming the S&P 500's daily loss of 0.18% [1] - Over the past month, shares of Li Auto have gained 17.22%, significantly surpassing the Auto-Tires-Trucks sector's loss of 4.37% and the S&P 500's gain of 4.46% [1] - The upcoming earnings report is highly anticipated by the investment community [1] Earnings Estimates - The Zacks Consensus Estimates project earnings of 1.39 per share and revenue of $20.11 billion for the annual period, reflecting changes of -13.66% and +16.13% respectively from the previous year [1] - Recent changes to analyst estimates indicate evolving short-term business trends, with upward revisions suggesting analysts' positive outlook on the company's operations [2] Valuation Metrics - Li Auto's Forward P/E ratio stands at 18.17, indicating it is trading at a premium compared to the industry average Forward P/E of 6.74 [3] - The company has a PEG ratio of 3.86, while the Automotive - Foreign industry average PEG ratio is 0.75, suggesting a higher valuation relative to expected earnings growth [3] Industry Ranking - The Automotive - Foreign industry, which includes Li Auto, ranks in the bottom 25% of all industries, with a Zacks Industry Rank of 190 [3] - The Zacks Industry Rank measures the strength of industry groups, showing that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]