What is Full Truck Alliance Co. Ltd. (YMM) Stock Return on Shareholders’ Capital?

Full Truck Alliance Co. Ltd. (NYSE: YMM) stock fell -6.16% on Tuesday to $8.68 against a previous-day closing price of $9.25. With 10.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 7.95 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $8.95 whereas the lowest price it dropped to was $8.12. The 52-week range on YMM shows that it touched its highest point at $10.18 and its lowest point at $4.12 during that stretch. It currently has a 1-year price target of $12.56.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of YMM was down-trending over the past week, with a drop of -9.77%, but this was up by 1.28% over a month. Three-month performance surged to 56.96% while six-month performance fell -3.56%. The stock lost -3.77% in the past year, while it has gained 8.50% so far this year. A look at the trailing 12-month EPS for YMM yields -0.50 with Next year EPS estimates of 0.27. For the next quarter, that number is 0.04. This implies an EPS growth rate of -87.70% for this year and 68.80% for next year.

Float and Shares Shorts:

At present, 1.06 billion YMM shares are outstanding with a float of 921.27 million shares on hand for trading. On Oct 13, 2022, short shares totaled 30.46 million, which was 2.75% higher than short shares on Sep 14, 2022. In addition to Mr. Hui Zhang as the firm’s Founder, Chairman & CEO, Mr. Chong Cai serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 43.33% of YMM’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 14.99% of YMM, in contrast to 13.27% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in YMM with 4.54% of the stake, Farallon Capital Management LLC holds 45,164,743 shares worth 45,164,743. A second-largest stockholder of YMM, Krane Funds Advisors LLC, holds 33,954,117 shares, controlling over 3.41% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in YMM, holding 18,863,386 shares or 1.90% stake. With a 3.10% stake in YMM, the KraneShares CSI China Internet ET is the largest stakeholder. A total of 30,893,475 shares are owned by the mutual fund manager. The Vanguard International Growth Fun, which owns about 1.23% of YMM stock, is the second-largest Mutual Fund holder. It holds 12,227,700 shares valued at 97.82 million. Baron Emerging Markets Fund holds 1.00% of the stake in YMM, owning 9,923,665 shares worth 79.39 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for YMM since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With YMM analysts setting a high price target of $122.98 and a low target of $75.72, the average target price over the next 12 months is $86.90. Based on these targets, YMM could surge 1316.82% to reach the target high and rise by 772.35% to reach the target low. Reaching the average price target will result in a growth of 901.15% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. YMM will report FY 2022 earnings on 02/27/2024. Analysts have provided yearly estimates in a range of $1.22 being high and -$0.07 being low. For YMM, this leads to a yearly average estimate of $1.01. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Full Truck Alliance Co. Ltd. surprised analysts by -$0.02 when it reported $0.00 EPS against a consensus estimate of $0.03. The surprise factor in the prior quarter was -$0.01. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is $0.34. The average estimate for the next quarter is thus $0.34.

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