Full Truck Alliance (YMM) Stock Price, News & Analysis

Company Overview

Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China. The company offers freight matching services, such as freight listing and brokerage services; and online transaction services, as well as various value-added services, such as credit solutions, insurance brokerage, software solutions, electronic toll collection, and energy services. It also provides technology development and other services. The company was founded in 2011 and is based in Guiyang, China.

Key Stats

• Today's Range: $11.09 to $11.34
• 50-Day Range: $8.25 to $12.29
• 52-Week Range: $5.70 to $12.47
• Volume: 3.57 million shs
• Average Volume: 8.83 million shs
• Market Capitalization: $11.73 billion
• P/E Ratio: 26.50
• Dividend Yield: 1.08%
• Price Target: $11.67
• Consensus Rating: Moderate Buy

Full Truck Alliance Stock Analysis - MarketRank™

Full Truck Alliance scored higher than 65% of companies evaluated by MarketBeat, and ranked 123rd out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Full Truck Alliance has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Full Truck Alliance has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 30.23%

Earnings Growth

Earnings for Full Truck Alliance are expected to grow by 30.23% in the coming year, from $0.43 to $0.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Full Truck Alliance is 26.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Full Truck Alliance is 26.50, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.51.

Price to Book Value per Share Ratio

Full Truck Alliance has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.25% of the float of Full Truck Alliance has been sold short.

Short Interest Ratio / Days to Cover

Full Truck Alliance has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Full Truck Alliance has recently increased by 9.69%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Full Truck Alliance pays a meaningful dividend of 1.13%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Full Truck Alliance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Full Truck Alliance is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Full Truck Alliance will have a dividend payout ratio of 21.43% next year. This indicates that Full Truck Alliance will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.25% of the float of Full Truck Alliance has been sold short.

Short Interest Ratio / Days to Cover

Full Truck Alliance has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Full Truck Alliance has recently increased by 9.69%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 1.69

News Sentiment

Full Truck Alliance has a news sentiment score of 1.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Full Truck Alliance this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for YMM on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

5 people have added Full Truck Alliance to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Full Truck Alliance insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.50% of the stock of Full Truck Alliance is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.02% of the stock of Full Truck Alliance is held by institutions.

YMM Stock Analysis - Frequently Asked Questions

How have YMM shares performed this year?

Full Truck Alliance's stock was trading at $7.01 on January 1st, 2024. Since then, YMM shares have increased by 58.8% and is now trading at $11.13.
View the best growth stocks for 2024 here.

How were Full Truck Alliance's earnings last quarter?

Full Truck Alliance Co. Ltd. (NYSE:YMM) issued its quarterly earnings data on Wednesday, November, 17th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01. The business earned $192.70 million during the quarter. Full Truck Alliance had a net margin of 29.59% and a trailing twelve-month return on equity of 9.02%.

When did Full Truck Alliance IPO?

Full Truck Alliance (YMM) raised $1.5 billion in an initial public offering on Tuesday, June 22nd 2021. The company issued 82,500,000 shares at $17.00-$19.00 per share. Morgan Stanley, CICC, Goldman Sachs, UBS Investment Bank, Huatai Securities, Citigroup, Nomura, China Renaissance and CLSA Limited acted as the underwriters for the IPO.

Who are Full Truck Alliance's major shareholders?

Full Truck Alliance's top institutional shareholders include JPMorgan Chase & Co. (2.61%), Krane Funds Advisors LLC (2.46%), Alkeon Capital Management LLC (2.30%) and First Beijing Investment Ltd (1.30%).

How do I buy shares of Full Truck Alliance?

Shares of YMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Full Truck Alliance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Full Truck Alliance investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/17/2021
• Today: 12/26/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:YMM
• CUSIP: N/A
• CIK: 1838413
• Web: www.fulltruckalliance.com
• Phone: 86-25-6692-0156
• Fax: N/A
• Employees: 7,585
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.67
• High Stock Price Target: $15.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +4.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.42
• Trailing P/E Ratio: 26.50
• Forward P/E Ratio: 25.88
• P/E Growth: N/A
• Net Income: $311.68 million
• Net Margins: 29.59%
• Pretax Margin: 32.03%
• Return on Equity: 9.02%
• Return on Assets: 8.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.64
• Quick Ratio: 7.64

Sales & Book Value

• Annual Sales: $10.47 billion
• Price / Sales: 1.12
• Cash Flow: $0.32 per share
• Price / Cash Flow: 34.37
• Book Value: $4.76 per share
• Price / Book: 2.34

Miscellaneous

• Outstanding Shares: 1,053,669,000
• Free Float: 879,814,000
• Market Cap: $11.73 billion
• Optionable: Optionable
• Beta: 0.28