Full Truck Alliance Co Ltd ADR (NYSE: YMM) Slides 2.95% In Recent Trade, What To Expect Next?

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Full Truck Alliance Co Ltd ADR (NYSE:YMM) traded at $9.77 at last check on current trade day and made an upward move of 2.95% on its previous day’s price.

Looking at the stock we see that its previous close was $9.49 and the beta (5Y monthly) reads 0.226 with the day’s price range being $9.55 – $9.99. The company has a trailing 12-month PE ratio of 23.78. In terms of its 52-week price range, YMM has a high of $10.29 and a low of $5.70. The company’s stock has gained about 6.66% over that past 30 days.

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Full Truck Alliance Co Ltd ADR has a market cap of $9.18 billion and is expected to release its quarterly earnings report in December. With its Forward Dividend at 0.14 and a yield of 1.48%, the company’s investors could be anxious for the YMM stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of 0.95, with the EPS growth for the year raised at 3.77 for current year and 3.77 for next year.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 2.98B, with a low of 2.97B and a high of 2.98B. The median projection represents growth squeezing down to 23.63% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 11.02B, or 30.66% up from figures reported last year.

On the other hand, looking at the outlook for the YMM stock, short term indicators assign the stock an average of 75% Buy, while medium term indicators assign it an average of 100% Buy.

Based on estimates by 5 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Full Truck Alliance Co Ltd ADR (YMM) stock as a Hold, while 4 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the YMM stock currently stands at 0.79, and the most recent price level today is 9.22% off its SMA20 and 9.16% from its 50-day simple moving average. The RSI (14) is pointing at 62.90 while the volatility over the past week is 5.18% and jumps to 3.31% over the past one month. The beta value is 0.25, while the average true range (ATR) is currently pointing at 0.40. The average price target for the stock over the next 12 months is $10.39, with the estimates having a low of $9 and a high of $12. These price ends are 7.88% and -22.82% off the today’s price level respectively, although investors could be excited at the prospect of a -6.35% if the YMM share price touches on the median price of $10.39.

Coming back to Full Truck Alliance Co Ltd ADR (NYSE:YMM), we note that the average 3-month trading volume was 10.26 million, while that of the preceding 10-day period stands at 10.29 million. Current shares outstanding are 938.37 million.

The insiders hold 4.80% of the company’s shares while institutions hold 52.72%. The data shows that short shares as of 2024-10-31, stood at 35.51 million at a short ratio of 3.04. This represents a 476.00 short interest in shares outstanding on 2024-10-31. Shares short rose in October from the previous month at 32.58 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 39.37% up in year-to-date price movement.

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