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Li Auto Inc. Sponsored ADR (LI) Stock Declines While Market Improves: Some Information for Investors
LILI AUTO(LI) ZACKS·2024-07-12 22:50

Group 1 - Li Auto Inc. Sponsored ADR (LI) closed at 21.33,down0.5121.33, down 0.51% compared to the previous day, underperforming the S&P 500 which gained 0.55% [1] - Over the past month, LI shares increased by 10.29%, lagging behind the Auto-Tires-Trucks sector's gain of 15.81% and outperforming the S&P 500's gain of 4.28% [1] - Zacks Consensus Estimates predict LI's earnings at 1.39 per share and revenue at $19.47 billion, reflecting year-over-year changes of -13.66% and +12.42% respectively [1] Group 2 - Recent changes to analyst estimates for LI indicate a shifting business landscape, with positive revisions suggesting analyst optimism about the company's profitability [2] - The Zacks Rank for LI is currently 5 (Strong Sell), with the Zacks Consensus EPS estimate remaining unchanged over the past month [2] - The Zacks Rank system has shown that 1 stocks have delivered an average annual return of +25% since 1988 [2] Group 3 - LI has a Forward P/E ratio of 15.42, significantly higher than the industry average of 7.17, indicating it is trading at a premium [3] - The PEG ratio for LI is 1.94, compared to the average PEG ratio of 0.62 for Automotive - Foreign stocks [3] - The Automotive - Foreign industry holds a Zacks Industry Rank of 154, placing it in the bottom 39% of over 250 industries [3]