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

Key Points

• Li Auto Inc. has received a consensus rating of "Hold" from eight analysts, with five ratings for "Hold" and three for "Buy."
• The average twelve-month target price for the stock is $32.85, reflecting mixed analyst sentiment.
• Li Auto reported a net margin of 5.60% and quarterly revenue of $3.53 billion, demonstrating a year-over-year revenue growth of 1.1%.

Shares of Li Auto Inc. Sponsored ADR (NASDAQ:LI - Get Free Report) have been assigned a consensus recommendation of "Hold" from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $32.85.

Separately, Cfra Research raised shares of Li Auto from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 10th.

Li Auto Trading Up 3.8%

LI stock opened at $24.90 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.72 and a current ratio of 1.87. The company's 50-day simple moving average is $27.59 and its 200 day simple moving average is $26.59. Li Auto has a 52 week low of $17.44 and a 52 week high of $33.12. The company has a market capitalization of $26.07 billion, a PE ratio of 23.71, a price-to-earnings-growth ratio of 1.36 and a beta of 0.94.

Li Auto (NASDAQ:LI - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). Li Auto had a net margin of 5.60% and a return on equity of 11.83%. The business had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.45 billion. During the same quarter last year, the company posted $1.21 earnings per share. The company's revenue was up 1.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Li Auto will post 0.96 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Elevation Point Wealth Partners LLC bought a new position in shares of Li Auto in the second quarter worth about $27,000. MAI Capital Management lifted its holdings in shares of Li Auto by 2,236.0% in the second quarter. MAI Capital Management now owns 1,168 shares of the company's stock worth $32,000 after acquiring an additional 1,118 shares during the last quarter. SVB Wealth LLC bought a new position in shares of Li Auto in the first quarter worth about $33,000. Summit Securities Group LLC bought a new position in shares of Li Auto in the first quarter worth about $50,000. Finally, CX Institutional bought a new position in shares of Li Auto in the first quarter worth about $72,000. Institutional investors own 9.88% of the company's stock.

Li Auto Company Profile

Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.

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