FY2025 Earnings Estimate for TSE:LAC Issued By Stifel Canada

Key Points

• Stifel Canada revised its FY2025 earnings per share (EPS) estimate for Lithium Americas Corp. to ($0.22), significantly lower than the previous estimate of ($0.09).
• Analysts have mixed views on the stock; while National Bankshares raised their target price to C$10.00, both TD Cowen and Canaccord Genuity downgraded their ratings on Lithium Americas.
• The current consensus target price for Lithium Americas is C$8.13, with an average stock rating of "Hold" according to MarketBeat.com.

Lithium Americas Corp. (TSE:LAC - Free Report) - Stock analysts at Stifel Canada dropped their FY2025 EPS estimates for Lithium Americas in a research report issued on Wednesday, October 1st. Stifel Canada analyst C. Mcgill now forecasts that the company will post earnings per share of ($0.22) for the year, down from their previous estimate of ($0.09). The consensus estimate for Lithium Americas' current full-year earnings is $1.38 per share. Stifel Canada also issued estimates for Lithium Americas' FY2026 earnings at ($0.12) EPS and FY2027 earnings at ($0.01) EPS.

Several other analysts have also issued reports on the company. National Bankshares upped their target price on Lithium Americas from C$5.00 to C$10.00 and gave the stock a "sector perform" rating in a research note on Thursday. TD Cowen lowered Lithium Americas from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 25th. Canaccord Genuity Group lowered Lithium Americas from a "moderate buy" rating to a "sell" rating and set a C$6.25 target price for the company. in a research note on Thursday. Finally, Cormark lowered Lithium Americas from a "moderate buy" rating to a "hold" rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of C$8.13.

Lithium Americas Price Performance

TSE:LAC opened at C$12.64 on Monday. Lithium Americas has a 1-year low of C$3.30 and a 1-year high of C$13.00. The company has a current ratio of 13.88, a quick ratio of 52.06 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of C$3.05 billion, a PE ratio of -50.56 and a beta of 1.26. The firm has a fifty day simple moving average of C$4.85 and a 200 day simple moving average of C$4.22.

About Lithium Americas

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.

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