Li Auto (LI) Expected to Announce Quarterly Earnings on Monday

Li Auto (NASDAQ:LI) is anticipated to announce its earnings results before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $2.84 per share and revenue of $5.90 billion for the quarter.

Li Auto Stock Performance

Shares of Li Auto stock opened at $27.46 on Friday. Li Auto has a one year low of $17.44 and a one year high of $46.44. The company has a market cap of $29.14 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 3.27 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.64 and a current ratio of 1.76. The business’s 50 day moving average price is $24.00 and its 200 day moving average price is $23.43.

Analyst Ratings Changes

A number of equities analysts recently commented on LI shares. Macquarie upgraded Li Auto from a “neutral” rating to an “outperform” rating in a research report on Thursday, February 6th. Barclays lifted their target price on Li Auto from $22.00 to $31.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $32.77.

About Li Auto

Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.