Full Truck Alliance Co Ltd ADR (NYSE:YMM) traded at $7.67 at last check on Tuesday, April 09, made an upward move of 0.55% on its previous day’s price.
Looking at the stock we see that its previous close was $7.63 and the beta (5Y monthly) reads 0.31. The company has a trailing 12-month PE ratio of 26.01. In terms of its 52-week price range, YMM has a high of $8.30 and a low of $5.41. The company’s stock has gained about 17.66% over that past 30 days.
Full Truck Alliance Co Ltd ADR has a market cap of $7.32 billion and is expected to release its quarterly earnings report on May 20, 2024 – May 24, 2024. With its Forward Dividend at 0.14 and a yield of 1.88%, 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 $0.07, with the EPS growth for the year raised at $0.46 for 2024 and $0.6 for next year. These figures represent 24.30% and 30.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $312.91 million, with a low of $293.2 million and a high of $359.49 million. The median projection represents growth squeezing down to 26.20% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $1.48 billion, or 24.70% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the YMM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 75% Buy.
Looking further, we note that the PEG ratio for the YMM stock currently stands at 0.72, and the most recent price level today is 4.34% off its SMA20 and 13.29% from its 50-day simple moving average. The RSI (14) is pointing at 64.76 while the volatility over the past week is 2.66% and jumps to 3.57% over the past one month. The beta value is 0.32, while the average true range (ATR) is currently pointing at 0.26.
Coming back to Full Truck Alliance Co Ltd ADR (NYSE:YMM), we note that the average 3-month trading volume was 7.44 million, while that of the preceding 10-day period stands at 5.56 million. Current shares outstanding are 954.57 million.
The insiders hold 8.84% of the company’s shares while institutions hold 38.97%. The data shows that short shares as of Mar 15, 2024, stood at 37.47 million at a short ratio of 3.83. This represents a 3.50% short interest in shares outstanding on Mar 15, 2024. Shares short rose in March from the previous month at 30.31 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 9.44% up in year-to-date price movement.
