Full Truck Alliance (YMM) Expected to Announce Earnings on Wednesday

Full Truck Alliance (NYSE:YMM - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 21st. Analysts expect Full Truck Alliance to post earnings of $0.17 per share and revenue of $2.66 billion for the quarter.

Full Truck Alliance Trading Down 1.1%

Shares of YMM stock traded down $0.14 during mid-day trading on Monday, reaching $12.21. The stock had a trading volume of 6,495,331 shares, compared to its average volume of 9,140,283. Full Truck Alliance has a 12-month low of $6.66 and a 12-month high of $13.85. The company has a market cap of $12.77 billion, a P/E ratio of 29.07 and a beta of 0.20. The business has a 50-day simple moving average of $11.78 and a 200 day simple moving average of $11.26.

Full Truck Alliance Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Thursday, April 17th. Investors of record on Monday, April 7th were given a dividend of $0.1444 per share. This represents a yield of 0.9%. The ex-dividend date was Monday, April 7th. This is a boost from Full Truck Alliance's previous annual dividend of $0.14. Full Truck Alliance's dividend payout ratio (DPR) is currently 39.02%.

Analyst Upgrades and Downgrades

YMM has been the subject of a number of recent research reports. Industrial Alliance Securities set a $18.00 price objective on Full Truck Alliance in a research report on Thursday, March 6th. HSBC initiated coverage on Full Truck Alliance in a research report on Wednesday, February 26th. They set a "buy" rating and a $18.00 price objective for the company. Barclays lifted their price objective on Full Truck Alliance from $7.00 to $13.00 and gave the stock an "equal weight" rating in a research report on Monday, March 10th. Hsbc Global Res upgraded Full Truck Alliance to a "strong-buy" rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. cut Full Truck Alliance from an "overweight" rating to a "neutral" rating and lowered their price target for the company from $18.00 to $10.00 in a report on Monday, April 14th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $14.80.

Institutional Trading of Full Truck Alliance

A hedge fund recently raised its stake in Full Truck Alliance stock. Royal Bank of Canada raised its holdings in Full Truck Alliance Co. Ltd. (NYSE:YMM - Free Report) by 172.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,765 shares of the company's stock after buying an additional 22,001 shares during the quarter. Royal Bank of Canada's holdings in Full Truck Alliance were worth $444,000 at the end of the most recent quarter. Institutional investors and hedge funds own 39.02% of the company's stock.

About Full Truck Alliance

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.