Of 25 brokerages covering Li Auto, 23 have a Buy or Strong Buy rating. At a share price of around $45.80, the stock trades above its median price target of $43.00. At the high price target of $61.00, the upside potential is around 33.2%.
Second-quarter revenue is forecast at $3.8 billion, up 39% sequentially and 192% higher year over year. Analysts have forecast EPS of $0.19, flat sequentially and up from a loss per share of $0.18 in the year-ago quarter. For the 2023 fiscal year, estimates call for EPS of $0.69, up from EPS of $0.01 in 2022, on sales of $14.84 billion, up about 126%.
Li Auto’s stock trades at 66.7 times expected 2023 earnings, 40.8 times estimated 2024 earnings of 1.13 and 27.8 times estimated 2025 earnings of $1.66 per share. The 52-week range is $12.52 to $46.81 a share, and the company does not pay a dividend. Total shareholder return in the past year is 34.27%.
UPS
United Parcel Service Inc. (NYSE: UPS) stock has dropped by nearly 6% over the past 12 months, including an increase of 4.6% so far in 2023. The company’s recent contract settlement with its 340,000 Teamsters removed a big overhang on the stock, but revenue needs to reverse its direction, and earnings per share have to turn north again as well. Investors will want to hear how the company plans to achieve these goals.
Analysts remain somewhat bullish on the stock, with 15 of 32 having a Buy or Strong Buy rating and 15 others rating it at Hold. At a share price of around $182.00, the implied upside based on a median price target of $195.00 is 7.1%. At the high price target of $230.00, the upside potential is 26.4%.
Analysts expect UPS to report second-quarter revenue of $23.12 billion, up 0.9% sequentially and down 6.7% year over year. Adjusted EPS are pegged at $2.50, up 13.4% sequentially and 36.8% lower year over year. For the full 2023 fiscal year, analysts are looking for EPS of $10.63, down 17.9%, on sales of $96.59 billion, down 3.7%.
UPS stock trades at 17.1 times expected 2023 EPS, 15.6 times estimated 2024 earnings of $11.68 and 14.7 times estimated 2025 earnings of $12.34 per share. The 52-week trading range is $154.87 to $209.39. UPS pays an annual dividend of $6.48 (yield of 3.49%). Total shareholder return for the past 12 months was negative 3.13%.
Originally published at 24/7 Wall St.
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