Full Truck Alliance (YMM) Projected to Post Earnings on Wednesday

Full Truck Alliance (NYSE:YMM) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 21st. Analysts expect Full Truck Alliance to post earnings of $0.17 per share and revenue of $2.66 billion for the quarter.

Full Truck Alliance Price Performance

Shares of NYSE YMM opened at $12.21 on Tuesday. The company has a 50-day moving average price of $11.78 and a 200-day moving average price of $11.26. The stock has a market capitalization of $12.77 billion, a P/E ratio of 29.07 and a beta of 0.20. Full Truck Alliance has a 1 year low of $6.66 and a 1 year high of $13.85.

Full Truck Alliance Increases Dividend

The firm also recently declared an annual dividend, which was paid on Thursday, April 17th. Investors of record on Monday, April 7th were given a $0.1444 dividend. This is a boost from Full Truck Alliance’s previous annual dividend of $0.14. The ex-dividend date of this dividend was Monday, April 7th. This represents a yield of 0.9%. Full Truck Alliance’s dividend payout ratio (DPR) is presently 39.02%.

Institutional Trading of Full Truck Alliance

An institutional investor recently raised its position in Full Truck Alliance stock. Royal Bank of Canada grew its stake in shares of Full Truck Alliance Co. Ltd. (NYSE:YMM) by 172.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 34,765 shares of the company’s stock after acquiring an additional 22,001 shares during the period. Royal Bank of Canada’s holdings in Full Truck Alliance were worth $444,000 at the end of the most recent reporting period. 39.02% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on YMM shares. Industrial Alliance Securities set a $18.00 price objective on Full Truck Alliance in a research note on Thursday, March 6th. JPMorgan Chase & Co. downgraded shares of Full Truck Alliance from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $18.00 to $10.00 in a report on Monday, April 14th. Barclays upped their price objective on shares of Full Truck Alliance from $7.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Monday, March 10th. HSBC started coverage on shares of Full Truck Alliance in a research report on Wednesday, February 26th. They set a “buy” rating and a $18.00 target price on the stock. Finally, Hsbc Global Res raised Full Truck Alliance to a “strong-buy” rating in a report on Wednesday, February 26th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Full Truck Alliance has a consensus rating of “Moderate Buy” and a consensus target price of $14.80.

About Full Truck Alliance

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.