Full Truck Alliance (YMM) Stock Price, News & Analysis

Company Overview

Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China. The company offers freight matching services, such as freight listing and brokerage services; and online transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, software solutions, electronic toll collection, and energy services. It also provides technology development and other services. The company was founded in 2011 and is based in Guiyang, China.

Key Stats

• Today's Range: $8.77 to $9.01
• 50-Day Range: $6.91 to $10.03
• 52-Week Range: $5.70 to $10.29
• Volume: 6.50 million shs
• Average Volume: 8.62 million shs
• Market Capitalization: $9.43 billion
• P/E Ratio: 25.57
• Dividend Yield: 1.34%
• Price Target: $8.50
• Consensus Rating: Buy

Full Truck Alliance Stock Analysis - MarketRank™

Full Truck Alliance scored higher than 77% of companies evaluated by MarketBeat, and ranked 89th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Full Truck Alliance has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Full Truck Alliance has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 31.71%

Earnings Growth

Earnings for Full Truck Alliance are expected to grow by 31.71% in the coming year, from $0.41 to $0.54 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Full Truck Alliance is 25.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Full Truck Alliance is 25.57, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 45.04.

Price to Book Value per Share Ratio

Full Truck Alliance has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.45% of the float of Full Truck Alliance has been sold short.

Short Interest Ratio / Days to Cover

Full Truck Alliance has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Full Truck Alliance has recently decreased by 7.34%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Full Truck Alliance pays a meaningful dividend of 1.38%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Full Truck Alliance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Full Truck Alliance is 34.29%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Full Truck Alliance will have a dividend payout ratio of 22.22% next year. This indicates that Full Truck Alliance will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.45% of the float of Full Truck Alliance has been sold short.

Short Interest Ratio / Days to Cover

Full Truck Alliance has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Full Truck Alliance has recently decreased by 7.34%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.14

News Sentiment

Full Truck Alliance has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Full Truck Alliance this week, compared to 2 articles on an average week.

Search Interest

9 people have searched for YMM on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.

MarketBeat Follows

5 people have added Full Truck Alliance to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Full Truck Alliance insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.50% of the stock of Full Truck Alliance is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.02% of the stock of Full Truck Alliance is held by institutions.

YMM Stock Analysis - Frequently Asked Questions

How have YMM shares performed this year?

Full Truck Alliance's stock was trading at $7.01 at the beginning of 2024. Since then, YMM shares have increased by 27.7% and is now trading at $8.95.
View the best growth stocks for 2024 here.

How were Full Truck Alliance's earnings last quarter?

Full Truck Alliance Co. Ltd. (NYSE:YMM) announced its earnings results on Wednesday, August, 21st. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm earned $380.38 million during the quarter, compared to the consensus estimate of $369.24 million. Full Truck Alliance had a trailing twelve-month return on equity of 7.88% and a net margin of 26.80%.

When did Full Truck Alliance IPO?

Full Truck Alliance (YMM) raised $1.5 billion in an IPO on Tuesday, June 22nd 2021. The company issued 82,500,000 shares at $17.00-$19.00 per share. Morgan Stanley, CICC, Goldman Sachs, UBS Investment Bank, Huatai Securities, Citigroup, Nomura, China Renaissance and CLSA Limited served as the underwriters for the IPO.

Who are Full Truck Alliance's major shareholders?

Top institutional investors of Full Truck Alliance include Krane Funds Advisors LLC (2.46%), First Beijing Investment Ltd (1.30%), Robeco Institutional Asset Management B.V. (0.35%) and Polunin Capital Partners Ltd (0.32%).

How do I buy shares of Full Truck Alliance?

Shares of YMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Full Truck Alliance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Full Truck Alliance investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 8/21/2024
• Today: 10/31/2024
• Next Earnings (Estimated): 11/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:YMM
• CUSIP: N/A
• CIK: 1838413
• Web: www.fulltruckalliance.com
• Phone: 86-25-6692-0156
• Fax: N/A
• Employees: 7,585
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.50
• High Stock Price Target: $10.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: -4.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.35
• Trailing P/E Ratio: 25.54
• Forward P/E Ratio: 21.80
• P/E Growth: N/A
• Net Income: $311.68 million
• Net Margins: 26.80%
• Pretax Margin: 29.00%
• Return on Equity: 7.88%
• Return on Assets: 7.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.94
• Quick Ratio: 6.94

Sales & Book Value

• Annual Sales: $9.70 billion
• Price / Sales: 0.97
• Cash Flow: $0.32 per share
• Price / Cash Flow: 27.53
• Book Value: $4.76 per share
• Price / Book: 1.88

Miscellaneous

• Outstanding Shares: 1,053,669,000
• Free Float: 879,814,000
• Market Cap: $9.42 billion
• Optionable: Optionable
• Beta: 0.23