LeddarTech (LDTC) Expected to Announce Earnings on Wednesday

LeddarTech (NASDAQ:LDTC) is projected to release its earnings data before the market opens on Wednesday, February 12th. Analysts expect LeddarTech to post earnings of ($0.24) per share for the quarter.

LeddarTech (NASDAQ:LDTC) last announced its quarterly earnings data on Wednesday, December 18th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.03). On average, analysts expect LeddarTech to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

LeddarTech Stock Up 8.2 %

LeddarTech stock opened at $0.92 on Tuesday. The stock has a 50-day moving average price of $1.10 and a 200 day moving average price of $0.64. The company has a market capitalization of $26.47 million, a price-to-earnings ratio of -0.06 and a beta of -1.75. LeddarTech has a 52 week low of $0.22 and a 52 week high of $4.35.

Wall Street Analyst Weigh In

Separately, Roth Mkm raised their target price on shares of LeddarTech from $1.00 to $3.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th.

LeddarTech Company Profile

LeddarTech Holdings Inc provides AI-based fusion and perception software solutions for advanced driver assistance solutions and autonomous driving applications in Canada. It offers LeddarVision, a raw sensor fusion and perception platform for automotive and off-road industrial vehicles. The company was founded in 2007 and is based in Quebec City, Canada.