FY2025 EPS Forecast for Lithium Americas Boosted by Analyst

Lithium Americas Corp. (TSE:LAC) – Research analysts at Wedbush upped their FY2025 earnings per share estimates for Lithium Americas in a report released on Monday, March 31st. Wedbush analyst D. Ives now anticipates that the company will earn ($0.27) per share for the year, up from their previous forecast of ($0.29). Wedbush has a “Hold” rating on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share.

LAC has been the subject of several other research reports. Cormark upgraded shares of Lithium Americas to a “moderate buy” rating in a research note on Friday, January 17th. National Bankshares boosted their price objective on shares of Lithium Americas from C$7.25 to C$7.50 and gave the company an “outperform” rating in a research report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Lithium Americas currently has a consensus rating of “Moderate Buy” and an average target price of C$7.50.

Lithium Americas Stock Performance

LAC stock opened at C$3.96 on Wednesday. The stock’s 50 day simple moving average is C$4.21 and its 200 day simple moving average is C$4.47. Lithium Americas has a 12-month low of C$2.87 and a 12-month high of C$10.59. The firm has a market cap of C$602.49 million, a P/E ratio of -20.71 and a beta of 1.58. The company has a current ratio of 13.88, a quick ratio of 52.06 and a debt-to-equity ratio of 0.65.

Lithium Americas Company Profile

Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.