FY2025 EPS Estimate for Lithium Americas Raised by Analyst

Lithium Americas Corp. (TSE:LAC) – Analysts at Scotiabank upped their FY2025 earnings estimates for Lithium Americas in a report released on Monday, August 18th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of ($0.23) per share 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.

Several other equities analysts have also recently issued reports on the stock. National Bank Financial cut shares of Lithium Americas from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 16th. Cormark upgraded shares of Lithium Americas to a “moderate buy” rating in a report on Wednesday. One 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’s stock. According to MarketBeat.com, Lithium Americas currently has an average rating of “Moderate Buy” and an average target price of C$7.50.

Lithium Americas Price Performance

Shares of TSE LAC opened at C$3.80 on Wednesday. Lithium Americas has a 1 year low of C$2.87 and a 1 year high of C$7.22. The company has a debt-to-equity ratio of 0.65, a current ratio of 13.88 and a quick ratio of 52.06. The company’s 50-day moving average is C$3.83 and its 200 day moving average is C$3.95. The stock has a market capitalization of C$578.15 million, a P/E ratio of -19.88 and a beta of 1.58.

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.