FY2025 EPS Forecast for Lithium Americas Boosted by Analyst

Lithium Americas Corp. (TSE:LAC) – Investment analysts at Scotiabank lifted their FY2025 earnings estimates for Lithium Americas in a report released on Monday, August 18th. Scotiabank analyst B. Isaacson now expects that the company will post earnings per share of ($0.23) for the year, up from their previous forecast of ($0.25). The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share. Scotiabank also issued estimates for Lithium Americas’ FY2026 earnings at ($0.15) EPS.

Separately, National Bank Financial cut Lithium Americas from a “strong-buy” rating to a “hold” rating in a report on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Lithium Americas currently has an average rating of “Moderate Buy” and an average price target of C$7.50.

Lithium Americas Trading Down 2.8%

Shares of TSE:LAC opened at C$3.79 on Wednesday. Lithium Americas has a 52-week low of C$2.87 and a 52-week high of C$7.22. The company has a debt-to-equity ratio of 0.65, a quick ratio of 52.06 and a current ratio of 13.88. The company has a market cap of C$576.62 million, a P/E ratio of -19.82 and a beta of 1.58. The stock’s 50-day moving average is C$3.83 and its 200-day moving average is C$3.95.

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.