If You Don’t Buy Full Truck Alliance Co Ltd ADR (NYSE: YMM) Now, You’ll Kick Yourself Later

The trading price of Full Truck Alliance Co Ltd ADR (NYSE:YMM) closed higher on current market day and closing at $8.57, 1.18% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $8.355 and $8.57. The company’s P/E ratio in the trailing 12-month period was 24.95, while its 5Y monthly beta was 0.226. In examining the 52-week price action we see that the stock hit a 52-week high of $10.29 and a 52-week low of $5.70. Over the past month, the stock has lost -3.38% in value.

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Full Truck Alliance Co Ltd ADR, whose market valuation is $8.05 billion at the time of this writing, is expected to release its quarterly earnings report in December. The dividend yield on the company stock is 1.68%, while its Forward Dividend ratio is 0.14. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 1.03 per share this quarter, however they have predicted annual earnings per share of 3.53 for current year and 4.58 for next year.

Analysts have forecast the company to bring in revenue of 2.77B for the current quarter, with the likely lows of 2.76B and highs of 2.78B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 10.54B.

On the technical side, indicators suggest YMM has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned YMM a recommendation rating is 5. Out of them, 1 rate it a Hold, while 4 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Full Truck Alliance Co Ltd ADR (YMM) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.83, which symbolizes a positive outlook. A quick review shows that YMM’s price is currently -2.64% off the SMA20 and -1.69% off the SMA50. The RSI metric on the 14-day chart is currently showing 46.12, and weekly volatility stands at 2.50%. When measured over the past 30 days, the indicator reaches 2.87%. Full Truck Alliance Co Ltd ADR (NYSE:YMM)’s beta value is currently sitting at 0.21, while the Average True Range indicator is currently displaying 0.31. With analysts defining $9-$12 as the low and high price targets, we arrive at a consensus price target of $10.39 for the trailing 12-month period. The current price is about -5.02% off the estimated low and -40.02% off the forecast high, based on this estimate. Investors will be thrilled if YMM’s share price rises to $10.39, which is the median consensus price. At that level, YMM’s share price would be -21.24% below current price.

To see how Full Truck Alliance Co Ltd ADR stock has been performing in comparison to its peers in the industry, here are the numbers: YMM stock’s performance was 1.18% in the latest trading, and 22.25% in the past year. Full Truck Alliance Co Ltd ADR has a P/E ratio of 24.95.

An evaluation of the daily trading volume of Full Truck Alliance Co Ltd ADR (NYSE:YMM) indicates that the 3-month average is 9.83 million. However, this figure has increased over the past 10 days to an average of 6.17.

Currently, records show that 938.37 million of the company’s shares remain outstanding. The insiders hold 4.80% of outstanding shares, whereas institutions hold 52.72%. The stats also highlight that short interest as of 2024-10-31, stood at 35.51 million shares, resulting in a short ratio of 3.04 at that time. From this, we can conclude that short interest is 476.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were up slightly from the previous month’s figure, which was 32.58 million. However, since the stock’s price has seen 22.25% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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