What’s Lithium Americas Corp. (LAC)’s Price to Earnings Ratio?

Lithium Americas Corp. (NYSE:LAC) saw an upside of 8.79% on Monday to $22.41 after adding $1.81. The 5-day average trading volume is 2,790,472 shares of the company’s common stock. It has gained $22.43 in the past week. An average of 4,471,418 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,212,303.

LAC’s 1-month performance is -1.44% or -$0.19 on its low of $19.55 reached on 10/06/21. The company’s shares have touched a 52-week low of $8.95 and high of $28.75, with the stock’s rally to the 52-week high happening on 01/19/21. YTD, LAC has achieved 64.14% or $9.76. However, the current price is down -22.05%% from the 52-week high price.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Valuation Metrics

Lithium Americas Corp. (LAC) has a trailing price-to-earnings (P/E) ratio of 20.90 for the broader industry and 13.65 for the sector. The company’s PE ratio for the last five years has touched a high of 23.58 and a low of 3.821. LAC stock has a beta of 1.44. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 3.62, with the price to cash flow ratio at 149.48.

As well, the company’s long term debt to equity for the quarter ending June 29 was 0.29, while the total debt to equity was 0.29.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected LAC to announce -$0.08 per share in earnings in its latest quarter, but it posted -$0.12, representing a -50.00% surprise. EBITDA for the quarter stood at more than -$12.89 million. LAC stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 165.0 million, with total debt at $159.44 million

Technical Picture

Let’s look briefly at Lithium Americas Corp. (LAC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 October was 56.54% to suggest the stock is trending Neutral, with historical volatility in this time period at 79.18%.

The stock’s 5-day moving average is $21.08, reflecting a +6.77% or $1.41 change from its current price. LAC is currently trading +2.12% above its 20-day SMA, +66.77% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +52.73% and +79.52% respectively.

Stochastic %K and %D was 55.94% and 39.24% and the average true range (ATR) pointed at 1.41. The RSI (14) points at 55.62%, while the 14-day stochastic is at 85.06% with the period’s ATR at 1.44. The stock’s 9-day MACD Oscillator is pointing at 0.12 and -0.08 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Lithium Americas Corp. (NYSE: LAC), Piper Sandler launched coverage with a Neutral rating. Analysts offering their rating for LAC stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate LAC as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 9 have offered a “buy” rating.

What is LAC’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $17.53 and a high of $32.00, with their median price target at $25.00. Looking at these predictions, the average price target given by analysts is for Lithium Americas Corp. (LAC) stock is $25.04.


Please enter your comment!
Please enter your name here


Hot Topics

Related Videos

Related Videos

Related Articles



Download Free eBook For



100% free. stop anytime no spam