Lithium Americas Corp. (NYSE:LAC) Receives Average Rating of "Hold" from Analysts

Key Points

• Analyst consensus: Twelve analysts give Lithium Americas an average rating of Hold (1 sell, 8 hold, 3 buy) with a 12‑month average price target of $5.81.
• Earnings miss and outlook: The company reported Q results of ($0.37) EPS versus ($0.04) expected and analysts forecast a fiscal‑year EPS of -0.12, indicating continued negative profitability.
• Institutional activity and stock snapshot: Several institutions raised stakes materially (e.g., Virtu +92.9%, Mackenzie +114.5%, Toronto Dominion +636.8%), while the stock trades at $3.89—below its 50‑day ($4.82) and 200‑day ($5.22) averages—with a $1.18B market cap and a negative PE of -8.45.

Lithium Americas Corp. (NYSE:LAC - Get Free Report) has received an average recommendation of "Hold" from the twelve analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $5.8125.

A number of equities research analysts have weighed in on LAC shares. Jefferies Financial Group reaffirmed a "buy" rating on shares of Lithium Americas in a report on Monday, February 23rd. Weiss Ratings reissued a "sell (d-)" rating on shares of Lithium Americas in a report on Wednesday, January 28th. TD Securities upgraded Lithium Americas to a "hold" rating in a research report on Monday, February 9th. Finally, Scotiabank raised their price objective on Lithium Americas from $5.00 to $7.00 and gave the company a "sector perform" rating in a research note on Monday, January 12th.

Institutional Investors Weigh In On Lithium Americas

Hedge funds have recently made changes to their positions in the stock. J. Derek Lewis & Associates Inc. bought a new stake in shares of Lithium Americas during the 4th quarter valued at approximately $96,000. Virtu Financial LLC lifted its stake in Lithium Americas by 92.9% in the 4th quarter. Virtu Financial LLC now owns 181,025 shares of the company's stock valued at $789,000 after purchasing an additional 87,158 shares during the last quarter. Mackenzie Financial Corp lifted its stake in Lithium Americas by 114.5% in the 4th quarter. Mackenzie Financial Corp now owns 244,073 shares of the company's stock valued at $1,074,000 after purchasing an additional 130,295 shares during the last quarter. Voloridge Investment Management LLC boosted its position in Lithium Americas by 14.0% in the fourth quarter. Voloridge Investment Management LLC now owns 343,278 shares of the company's stock valued at $1,497,000 after buying an additional 42,070 shares in the last quarter. Finally, Toronto Dominion Bank grew its stake in shares of Lithium Americas by 636.8% during the fourth quarter. Toronto Dominion Bank now owns 157,872 shares of the company's stock worth $687,000 after buying an additional 136,444 shares during the last quarter.

Lithium Americas Stock Performance

Shares of Lithium Americas stock opened at $3.89 on Friday. The company has a 50 day moving average of $4.82 and a 200-day moving average of $5.22. Lithium Americas has a 1-year low of $2.31 and a 1-year high of $10.52. The company has a current ratio of 5.16, a quick ratio of 5.16 and a debt-to-equity ratio of 0.50. The company has a market cap of $1.18 billion, a PE ratio of -8.45 and a beta of 1.49.

Lithium Americas (NYSE:LAC - Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.33). As a group, equities research analysts forecast that Lithium Americas will post -0.12 earnings per share for the current fiscal year.

About Lithium Americas

Lithium Americas Corp. is a Vancouver‐based resource company focused on the development of lithium projects to support the global transition to electric vehicles and renewable energy storage. The company specializes in advancing lithium brine and claystone assets through feasibility studies, environmental permitting and engineering design. Its technical teams work to produce high‐purity lithium chemicals, including lithium carbonate and lithium hydroxide, for battery manufacturers worldwide.

Lithium Americas' two flagship projects are the Cauchari‐Olaroz lithium brine operation in Jujuy Province, Argentina—developed in partnership with Ganfeng Lithium—and the Thacker Pass lithium clay deposit in northern Nevada, United States.

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