In yesterday’s Wall Street session, Full Truck Alliance Co Ltd ADR (NYSE:YMM) shares traded at $7.45, up 0.13% from the previous session.
10 analysts cover Full Truck Alliance Co Ltd ADR (NYSE:YMM), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $107.65 and a low of $57.41, we find $78.48. Given the previous closing price of $7.44, this indicates a potential upside of 954.84 percent. YMM stock price is now 5.83% away from the 50-day moving average and 8.53% away from the 200-day moving average. The market capitalization of the company currently stands at $7.11B.
The stock has received a hold rating from 1 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $77.33 as their price target over the next twelve months.
With the price target of $9, Morgan Stanley recently initiated with Overweight rating for Full Truck Alliance Co Ltd ADR (NYSE: YMM).
A total of 7.61% of the company’s stock is owned by insiders.
On Tuesday morning Full Truck Alliance Co Ltd ADR (NYSE: YMM) stock kicked off with the opening price of $7.47. During the past 12 months, Full Truck Alliance Co Ltd ADR has had a low of $5.41 and a high of $10.18. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 8.21, and a quick ratio of 8.21. According to the stock market information, the enterprise value for the company is $5.20B, which is based on a 30.61 price-to-earnings ratio, a 0.85 price-to-earnings-growth ratio, and a beta of 0.32. The fifty day moving average price for YMM is $7.04 and a two-hundred day moving average price translates $6.86 for the stock.
The latest earnings results from Full Truck Alliance Co Ltd ADR (NYSE: YMM) was released for Sep, 2023. According to the Software – Application Company, earnings per share came in at $0.11, beating analysts’ expectations of $0.08 by 0.03. This compares to $0.05 EPS in the same period last year. The net profit margin was 22.93% and return on equity was 5.38% for YMM. The company reported revenue of $310.3 million for the quarter, compared to $254.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.05 percent. For the current quarter, analysts expect YMM to generate $324.37M in revenue.
