Li Auto Inc. Sponsored ADR (NASDAQ:LI) Receives Consensus Rating of “Hold” from Analysts

Shares of Li Auto Inc. Sponsored ADR (NASDAQ:LI) have received a consensus recommendation of “Hold” from the seventeen brokerages that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, twelve have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $18.55.

Several research analysts have commented on the company. Jefferies Financial Group reissued a “hold” rating and set a $17.50 target price (down from $28.80) on shares of Li Auto in a research note on Friday, January 23rd. Wall Street Zen raised Li Auto from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. The Goldman Sachs Group downgraded Li Auto from a “buy” rating to a “neutral” rating and set a $19.00 target price for the company. in a research note on Tuesday, March 17th. BNP Paribas Exane raised Li Auto from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 22nd. Finally, Sanford C. Bernstein set a $19.00 price objective on Li Auto and gave the company a “market perform” rating in a research note on Friday, March 13th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. ABC Arbitrage SA acquired a new position in shares of Li Auto in the third quarter valued at approximately $865,000. SG Americas Securities LLC increased its stake in shares of Li Auto by 324.2% in the fourth quarter. SG Americas Securities LLC now owns 342,025 shares of the company’s stock valued at $5,790,000 after buying an additional 261,389 shares during the period. Victory Financial Group LLC acquired a new position in shares of Li Auto in the fourth quarter valued at approximately $638,000. Maxi Investments CY Ltd acquired a new position in shares of Li Auto in the third quarter valued at approximately $16,040,000. Finally, American Century Companies Inc. increased its stake in shares of Li Auto by 4.6% in the third quarter. American Century Companies Inc. now owns 1,355,616 shares of the company’s stock valued at $34,351,000 after buying an additional 60,172 shares during the period. Institutional investors and hedge funds own 9.88% of the company’s stock.

Li Auto Price Performance

Shares of NASDAQ LI opened at $16.18 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.68 and a debt-to-equity ratio of 0.05. The company has a market cap of $17.28 billion, a price-to-earnings ratio of 124.47 and a beta of 0.63. Li Auto has a 12 month low of $15.64 and a 12 month high of $32.03. The stock has a 50-day moving average price of $18.04 and a two-hundred day moving average price of $17.86.

Li Auto (NASDAQ:LI) last issued its earnings results on Sunday, March 22nd. The company reported ($0.06) EPS for the quarter. The business had revenue of $545.61 million for the quarter. Li Auto had a return on equity of 1.52% and a net margin of 0.99%. As a group, analysts forecast that Li Auto will post 0.12 earnings per share for the current fiscal year.

Li Auto Company Profile

Li Auto Inc is a Chinese automotive company that develops, manufactures and sells smart electric vehicles, with an early focus on range-extended electric SUVs designed for family use. The company is headquartered in China and serves the domestic market through a combination of online channels and a network of retail/showroom locations. Li Auto was founded to address range-anxiety in electric vehicle buyers by integrating a small internal-combustion engine as a range extender alongside a large battery, enabling longer driving range while retaining electric driving characteristics.

The company’s product lineup centers on multi‑occupant SUVs that combine electric propulsion, advanced in‑vehicle connectivity and driver‑assistance features.