Li Auto Inc. [NASDAQ: LI] traded at a high on 06/11/21, posting a 4.11 gain after which it closed the day’ session at $28.11. The company report on June 2, 2021 that Li Auto Inc. May 2021 Delivery Update.
Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, announced that the Company delivered 4,323 Li ONEs in May 2021, representing a 101.3% year-over-year increase.
“We are pleased to see our 2021 Li ONE, released on May 25, receive very positive feedback and strong recognition from our users demonstrated by the robust order inflow that took the total orders in May to a record high. Deliveries of the 2021 Li ONE, the first vehicle in the world with a full-stack self-developed NOA in a standard configuration, have already started. Given the strong uptake of the 2021 Li ONE since its launch and the continuous expansion of our direct sales and servicing network, we are optimistic that our deliveries in the second quarter will exceed the top end of our guidance range, and keep rising going forward, while the ongoing industry-wide semiconductor shortage continues to generate uncertainties,” said Yanan Shen, co-founder and president of Li Auto.
The results of the trading session contributed to over 18192285 shares changing hands. Over the past one week, the price volatility of Li Auto Inc. stands at 5.92% while the volatility over the past one month is 6.52%.
The market cap for LI stock reached $24.43 billion, with 904.64 million shares outstanding and 95.00 million shares in the current float. Compared to the average trading volume of 13.85M shares, LI reached a trading volume of 18192285 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 $35.22 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 1.90. 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.
Goldman have made an estimate for Li Auto Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 07, 2021. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on March 11, 2021, representing the official price target for Li Auto Inc. stock. Previously, the target price had yet another raise from $33 to $34, while Daiwa Securities kept a Buy rating on LI stock.
The Average True Range (ATR) for Li Auto Inc. is set at 1.47, with the Price to Sales ratio for LI stock in the period of the last 12 months amounting to 12.82. The Price to Book ratio for the last quarter was 5.47, with the Price to Cash per share for the same quarter was set at 5.08.
How has LI stock performed recently?
Li Auto Inc. [LI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.63. With this latest performance, LI shares gained by 58.10% in over the last four-week period, additionally sinking by -12.24% 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 72.59, with the RSI for the last a single of trading hit 75.96, and the three-weeks RSI is set at 67.60 for Li Auto Inc. [LI]. The present Moving Average for the last 50 days of trading for this stock 21.48, while it was recorded at 27.54 for the last single week of trading, and 25.10 for the last 200 days.
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 -6.76 and a Gross Margin at +15.51. Li Auto Inc.’s Net Margin is presently recorded at -1.76.
Return on Total Capital for LI is now -3.19, 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 7.66. Additionally, LI Total Debt to Total Capital is recorded at 7.12, with Total Debt to Total Assets ending up at 6.28. Long-Term Debt to Equity for the company is recorded at 6.39, with the Long-Term Debt to Total Capital now at 5.93.
Reflecting on the efficiency of the workforce at the company, Li Auto Inc. [LI] managed to generate an average of -$5,753 per employee. Receivables Turnover for the company is 22.41 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 5.60 and a Current Ratio set at 5.80.
Earnings analysis for Li Auto Inc. [LI]
With the latest financial reports released by the company, Li Auto Inc. posted -0.41/share EPS, while the average EPS was predicted by analysts to be reported at -0.08/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -412.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LI.
Insider trade positions for Li Auto Inc. [LI]
There are presently around $3,016 million, or 15.60% of LI stock, in the hands of institutional investors. The top three institutional holders of LI stocks are: VANGUARD GROUP INC with ownership of 14,803,558, which is approximately 374.626% of the company’s market cap and around 0.10% of the total institutional ownership; COATUE MANAGEMENT LLC, holding 12,787,010 shares of the stock with an approximate value of $359.44 million in LI stocks shares; and BLACKROCK INC., currently with $289.35 million in LI stock with ownership of nearly 215.641% of the company’s market capitalization.
Positions in Li Auto Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 136 institutional holders increased their position in Li Auto Inc. [NASDAQ:LI] by around 65,752,426 shares. Additionally, 81 investors decreased positions by around 20,364,572 shares, while 18 investors held positions by with 21,192,288 shares. The mentioned changes placed institutional holdings at 107,309,286 shares, according to the latest SEC report filing. LI stock had 78 new institutional investments in for a total of 14,912,724 shares, while 48 institutional investors sold positions of 7,459,806 shares during the same period.