ZACKS·2024-08-07 22:50Group 1 - Li Auto Inc. Sponsored ADR (LI) closed at $19.23, reflecting a +1.53% change, outperforming the S&P 500's daily loss of 0.77% [1] - Over the past month, shares of Li Auto experienced a loss of 5.86%, which is better than the Auto-Tires-Trucks sector's loss of 16.52% and slightly underperforming the S&P 500's loss of 5.85% [1] - For the full year, Zacks Consensus Estimates project earnings of $1.39 per share and revenue of $19.63 billion, indicating changes of -13.66% and +13.34% from the previous year, respectively [1] Group 2 - Recent changes in analyst estimates for Li Auto Inc. are crucial as they reflect near-term business trends, with positive revisions indicating analyst optimism [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that Li Auto currently holds a Zacks Rank of 3 (Hold) [2] - Over the last 30 days, the Zacks Consensus EPS estimate for Li Auto has remained unchanged [2] Group 3 - Li Auto is trading at a Forward P/E ratio of 13.63, which is a premium compared to the industry's average Forward P/E of 5.81 [3] - The company has a PEG ratio of 1.71, while the average PEG ratio for the Automotive - Foreign industry is 0.7 [3] - The Automotive - Foreign industry has a Zacks Industry Rank of 162, placing it in the bottom 36% of over 250 industries [3]