Lion Electric Co (LEV) expected to report EPS of -$0.1 for the current quarter

In the latest session, Lion Electric Co (NYSE: LEV) closed at $1.36 down -6.21% from its previous closing price of $1.45. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 1722764 shares were traded. LEV stock price reached its highest trading level at $1.4500 during the session, while it also had its lowest trading level at $1.3400.

Ratios:

For a deeper understanding of Lion Electric Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.79.

On March 27, 2023, R. F. Lafferty started tracking the stock assigning a Buy rating and target price of $7.

On March 20, 2023, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $2.BMO Capital Markets initiated its Market Perform rating on March 20, 2023, with a $2 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LEV now has a Market Capitalization of 328.24M and an Enterprise Value of 585.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 2.44 whereas that against EBITDA is -25.89.

Stock Price History:

Over the past 52 weeks, LEV has reached a high of $2.68, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is 1.7576, while the 200-Day Moving Average is calculated to be 1.9179.

Shares Statistics:

For the past three months, LEV has traded an average of 440.83K shares per day and 633.46k over the past ten days. A total of 218.08M shares are outstanding, with a floating share count of 115.88M. Insiders hold about 48.77% of the company’s shares, while institutions hold 5.90% stake in the company. Shares short for LEV as of Feb 15, 2024 were 5.96M with a Short Ratio of 13.52, compared to 6.12M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.64% and a Short% of Float of 5.69%.

Earnings Estimates

There are 7 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.13, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.04 and low estimates of -$0.14.

Analysts are recommending an EPS of between -$0.09 and -$0.52 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.09, with 8 analysts recommending between $0.23 and -$0.27.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $93.38M this quarter.It ranges from a high estimate of $108.4M to a low estimate of $74.87M. As of the current estimate, Lion Electric Co’s year-ago sales were $52.37M, an estimated increase of 78.30% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $112.39M, an increase of 68.80% less than the figure of $78.30% in the same quarter last year. There is a high estimate of $136.3M for the next quarter, whereas the lowest estimate is $93.25M.

A total of 11 analysts have provided revenue estimates for LEV’s current fiscal year. The highest revenue estimate was $592.9M, while the lowest revenue estimate was $307.2M, resulting in an average revenue estimate of $471.51M. In the same quarter a year ago, actual revenue was $253.5M, up 86.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $709.25M in the next fiscal year. The high estimate is $858.37M and the low estimate is $439M. The average revenue growth estimate for next year is up 50.40% from the average revenue estimate for this year.

Most Popular

[the_ad id="945"]