For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Lucid Group Inc (NASDAQ: LCID) closed the day trading at $21.39 up 1.95% from the previous closing price of $20.98. In other words, the price has increased by $1.95 from its previous closing price. On the day, 5.25 million shares were traded. LCID stock price reached its highest trading level at $21.57 during the session, while it also had its lowest trading level at $20.9257.
Ratios:
For a better understanding of LCID, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.57.
On March 07, 2025, TD Cowen started tracking the stock assigning a Hold rating and target price of $2.30.
BofA Securities Downgraded its Neutral to Underperform on February 26, 2025, whereas the target price for the stock was revised from $3 to $1.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 30 ’24 when PUBLIC INVESTMENT FUND bought 374,717,927 shares for $2.59 per share. The transaction valued at 970,894,149 led to the insider holds 2,205,602,291 shares of the business.
PUBLIC INVESTMENT FUND bought 21,470,459 shares of LCID for $55,629,959 on Oct 31 ’24. The Director now owns 2,227,072,750 shares after completing the transaction at $2.59 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LCID now has a Market Capitalization of 6573146624 and an Enterprise Value of 8351724544. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.07 while its Price-to-Book (P/B) ratio in mrq is 2.73. Its current Enterprise Value per Revenue stands at 8.99 whereas that against EBITDA is -3.177.
Stock Price History:
The Beta on a monthly basis for LCID is 0.85, which has changed by -0.34587157 over the last 52 weeks, in comparison to a change of 0.1443547 over the same period for the S&P500. Over the past 52 weeks, LCID has reached a high of $36.40, while it has fallen to a 52-week low of $15.25. The 50-Day Moving Average of the stock is 0.03%, while the 200-Day Moving Average is calculated to be -12.67%.
Shares Statistics:
Over the past 3-months, LCID traded about 12.25M shares per day on average, while over the past 10 days, LCID traded about 9235200 shares per day. A total of 307.23M shares are outstanding, with a floating share count of 123.53M. Insiders hold about 59.75% of the company’s shares, while institutions hold 16.80% stake in the company. Shares short for LCID as of 1759190400 were 39292217 with a Short Ratio of 3.21, compared to 1756425600 on 38410069. Therefore, it implies a Short% of Shares Outstanding of 39292217 and a Short% of Float of 46.92.
Earnings Estimates
A comprehensive evaluation of Lucid Group Inc (LCID) is underway, with the input of 5.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$2.29, with high estimates of -$1.82 and low estimates of -$3.51.
Analysts are recommending an EPS of between -$7.39 and -$9.29 for the fiscal current year, implying an average EPS of -$8.54. EPS for the following year is -$6.34, with 6.0 analysts recommending between -$4.55 and -$11.68.
Revenue Estimates
10 analysts predict $370.64M in revenue for. The current quarter. It ranges from a high estimate of $532.2M to a low estimate of $284M. As of. The current estimate, Lucid Group Inc’s year-ago sales were $200.04MFor the next quarter, 10 analysts are estimating revenue of $452.85M. There is a high estimate of $554.3M for the next quarter, whereas the lowest estimate is $319.25M.
A total of 12 analysts have provided revenue estimates for LCID’s current fiscal year. The highest revenue estimate was $1.55B, while the lowest revenue estimate was $1.13B, resulting in an average revenue estimate of $1.29B. In the same quarter a year ago, actual revenue was $807.83MBased on 12 analysts’ estimates, the company’s revenue will be $2.52B in the next fiscal year. The high estimate is $3.16B and the low estimate is $1.62B.
