FY2026 Earnings Estimate for Largo Issued By HC Wainwright

Largo Inc. (NYSE:LGO - Free Report) - Stock analysts at HC Wainwright issued their FY2026 earnings per share estimates for shares of Largo in a research note issued on Friday, May 16th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings of ($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 1.5%

LGO traded up $0.02 during trading on Monday, reaching $1.32. 164,057 shares of the stock traded hands, compared to its average volume of 128,238. The stock's 50-day simple moving average is $1.57 and its two-hundred day simple moving average is $1.78. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.67 and a quick ratio of 0.81. Largo has a fifty-two week low of $1.12 and a fifty-two week high of $2.84. The stock has a market cap of $84.63 million, a price-to-earnings ratio of -1.65 and a beta of 1.62.

Institutional Investors Weigh In On Largo

Several large investors have recently made changes to their positions in LGO. Virtu Financial LLC acquired a new stake in Largo in the fourth quarter valued at approximately $39,000. Millennium Management LLC bought a new position in shares of Largo during the 4th quarter valued at $74,000. Baader Bank Aktiengesellschaft acquired a new stake in shares of Largo in the 1st quarter valued at $77,000. Russell Investments Group Ltd. boosted its holdings 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 purchasing an additional 124,604 shares in the last quarter. Finally, Sprott Inc. raised its holdings in Largo by 5.4% during the first quarter. Sprott Inc. now owns 1,072,056 shares of the company's stock valued at $1,726,000 after buying an additional 55,247 shares in the last quarter. Institutional investors 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.