In other words, the price has increased by $0.0000 from its previous closing price. On the day, 749187 shares were traded.
Ratios:
To gain a deeper understanding of LEV’s stock, we examine its different 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 270.51M and an Enterprise Value of 582.55M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 2.30 whereas that against EBITDA is -9.28.
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 $1.20. The 50-Day Moving Average of the stock is 1.6530, while the 200-Day Moving Average is calculated to be 1.8800.
Shares Statistics:
It appears that LEV traded 471.05K shares on average per day over the past three months and 587.59k shares per day 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 29, 2024 were 5.68M with a Short Ratio of 12.05, compared to 6.07M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.51% and a Short% of Float of 5.42%.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.11, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.06 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.23 and -$0.4 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.13, with 8 analysts recommending between $0.1 and -$0.26.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $70.7M. It ranges from a high estimate of $84.8M to a low estimate of $52.3M. As of the current estimate, Lion Electric Co’s year-ago sales were $52.37M, an estimated increase of 35.00% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $83.57M, an increase of 25.50% less than the figure of $35.00% in the same quarter last year. There is a high estimate of $99.8M for the next quarter, whereas the lowest estimate is $56.8M.
A total of 9 analysts have provided revenue estimates for LEV’s current fiscal year. The highest revenue estimate was $457.5M, while the lowest revenue estimate was $271.4M, resulting in an average revenue estimate of $362.46M. In the same quarter a year ago, actual revenue was $253.5M, up 43.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $589.68M in the next fiscal year. The high estimate is $858.37M and the low estimate is $414M. The average revenue growth estimate for next year is up 62.70% from the average revenue estimate for this year.
