FY2026 Earnings Forecast for Largo Issued By HC Wainwright

Largo Inc. (NYSE:LGO) – HC Wainwright issued their FY2026 EPS estimates for shares of Largo in a research note issued to investors on Friday, May 16th. HC Wainwright analyst H. Ihle forecasts that the company will earn ($0.12) per share for the year. HC Wainwright has a “Buy” rating and a $3.70 price objective on the stock. The consensus estimate for Largo’s current full-year earnings is ($0.61) per share.

Largo Stock Up 2.4%

Largo stock opened at $1.30 on Monday. The firm has a market cap of $83.35 million, a PE ratio of -1.63 and a beta of 1.62. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 1.67. The firm’s 50 day moving average price is $1.57 and its two-hundred day moving average price is $1.78. Largo has a twelve month low of $1.12 and a twelve month high of $2.84.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new position in Largo in the 4th quarter valued at approximately $39,000. Millennium Management LLC bought a new stake in Largo in the fourth quarter worth approximately $74,000. Baader Bank Aktiengesellschaft bought a new stake in Largo in the first quarter worth approximately $77,000. Russell Investments Group Ltd. grew its position in Largo by 75.9% in the first quarter. Russell Investments Group Ltd. now owns 288,860 shares of the company’s stock worth $466,000 after acquiring an additional 124,604 shares in the last quarter. Finally, Sprott Inc. grew its position in Largo by 156.8% in the fourth quarter. Sprott Inc. now owns 1,016,809 shares of the company’s stock worth $1,749,000 after acquiring an additional 620,909 shares in the last quarter. Institutional investors and hedge funds own 64.08% of the company’s stock.

Largo Company Profile

Largo Inc engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications.