Li Auto Inc. [NASDAQ: LI] traded at a low on 02/26/21, posting a -1.93 loss after which it closed the day’ session at $25.37. The company report on February 25, 2021 that Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results.
Quarterly total revenues reached RMB4.15 billion (US$635.5 million)1Quarterly deliveries were 14,464 vehiclesQuarterly gross margin reached 17.5%Full year total revenues reached RMB9.46 billion (US$1.45 billion)Full year deliveries were 32,624 vehiclesFull year gross margin reached 16.4%.
Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
The results of the trading session contributed to over 39284536 shares changing hands. Over the past one week, the price volatility of Li Auto Inc. stands at 11.47% while the volatility over the past one month is 6.52%.
The market cap for LI stock reached $23.22 billion, with 836.34 million shares outstanding and 95.00 million shares in the current float. Compared to the average trading volume of 22.50M shares, LI reached a trading volume of 39284536 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Li Auto Inc. [LI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LI shares is $37.87 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LI stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Daiwa Securities have made an estimate for Li Auto Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 26, 2021. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Hold. The new note on the price target was released on February 01, 2021, representing the official price target for Li Auto Inc. stock. Previously, the target price had yet another raise to $44.50, while Jefferies analysts kept a Buy rating on LI stock.
The Average True Range (ATR) for Li Auto Inc. is set at 2.13, with the Price to Sales ratio for LI stock in the period of the last 12 months amounting to 26.79. The Price to Book ratio for the last quarter was 6.73, with the Price to Cash per share for the same quarter was set at 3.14.
How has LI stock performed recently?
Li Auto Inc. [LI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.98. With this latest performance, LI shares dropped by -19.61% in over the last four-week period, additionally plugging by 8.51% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LI stock in for the last two-week period is set at 32.98, with the RSI for the last a single of trading hit 27.77, and the three-weeks RSI is set at 37.67 for Li Auto Inc. [LI]. The present Moving Average for the last 50 days of trading for this stock 31.36, while it was recorded at 26.95 for the last single week of trading.
Li Auto Inc. [LI]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Li Auto Inc. [LI] shares currently have an operating margin of -7.08 and a Gross Margin at +16.38. Li Auto Inc.’s Net Margin is presently recorded at -1.76.
Return on Total Capital for LI is now -3.35, given the latest momentum, and Return on Invested Capital for the company is -0.87. Return on Equity for this stock declined to -0.92, with Return on Assets sitting at -0.69. When it comes to the capital structure of this company, Li Auto Inc. [LI] has a Total Debt to Total Equity ratio set at 7.09. Additionally, LI Total Debt to Total Capital is recorded at 6.62, with Total Debt to Total Assets ending up at 5.81. Long-Term Debt to Equity for the company is recorded at 6.39, with the Long-Term Debt to Total Capital now at 5.96.
Receivables Turnover for the company is 30.08 with a Total Asset Turnover recorded at a value of 0.40.Li Auto Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.70 and a Current Ratio set at 7.00.
Insider trade positions for Li Auto Inc. [LI]
There are presently around $1,682 million, or 10.00% of LI stock, in the hands of institutional investors. The top three institutional holders of LI stocks are: UBS ASSET MANAGEMENT AMERICAS INC with ownership of 5,962,564, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; CREDIT SUISSE AG/, holding 4,634,284 shares of the stock with an approximate value of $117.57 million in LI stocks shares; and ASPEX MANAGEMENT (HK) LTD, currently with $114.17 million in LI stock with ownership of nearly New of the company’s market capitalization.
Positions in Li Auto Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 128 institutional holders increased their position in Li Auto Inc. [NASDAQ:LI] by around 34,264,554 shares. Additionally, 47 investors decreased positions by around 30,537,067 shares, while 10 investors held positions by with 1,501,387 shares. The mentioned changes placed institutional holdings at 66,303,008 shares, according to the latest SEC report filing. LI stock had 86 new institutional investments in for a total of 15,865,297 shares, while 27 institutional investors sold positions of 9,456,473 shares during the same period.