NYSE:LEV - Get Free Report ) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Lion Electric to post earnings of ($0.07) per share for the quarter.
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Lion Electric (NYSE:LEV - Get Free Report ) last announced its quarterly earnings data on Thursday, February 29th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.03). Lion Electric had a negative return on equity of 22.01% and a negative net margin of 40.93%. The firm had revenue of $60.43 million for the quarter, compared to the consensus estimate of $93.39 million. On average, analysts expect Lion Electric to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Lion Electric Stock Performance LEV stock traded up $0.03 during trading on Wednesday, hitting $0.93. 378,982 shares of the company's stock traded hands, compared to its average volume of 523,181. The stock has a fifty day moving average price of $1.29 and a two-hundred day moving average price of $1.59. The company has a quick ratio of 0.73, a current ratio of 2.45 and a debt-to-equity ratio of 0.62. Lion Electric has a 52 week low of $0.88 and a 52 week high of $2.68. The stock has a market capitalization of $210.19 million, a price-to-earnings ratio of -2.04 and a beta of 2.00.
Wall Street Analysts Forecast Growth LEV has been the subject of a number of research reports. CIBC decreased their target price on Lion Electric from $1.70 to $1.40 and set a "neutral" rating for the company in a research note on Monday, April 22nd. DA Davidson decreased their price objective on shares of Lion Electric from $4.00 to $3.50 and set a "buy" rating for the company in a report on Tuesday, March 5th. Desjardins downgraded Lion Electric from a "buy" rating to a "hold" rating and cut their target price for the stock from $4.00 to $2.50 in a research report on Friday, March 1st. Roth Mkm reiterated a "buy" rating and set a $2.50 price target (down from $5.00) on shares of Lion Electric in a research report on Tuesday, April 23rd. Finally, National Bankshares decreased their target price on Lion Electric from $2.25 to $1.75 and set a "sector perform" rating for the company in a research note on Friday, March 1st. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $2.34.
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Lion Electric Company Profile (
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The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories.
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