FY2026 EPS Estimates for Lithium Americas Corp. Lowered by Analyst (TSE:LAC)

Lithium Americas Corp. (TSE:LAC - Free Report) - Research analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Lithium Americas in a research note issued on Monday, April 22nd. Scotiabank analyst B. Isaacson now expects that the company will post earnings of $1.28 per share for the year, down from their previous forecast of $1.87. The consensus estimate for Lithium Americas' current full-year earnings is $1.38 per share.

Lithium Americas (TSE:LAC - Get Free Report) last announced its earnings results on Friday, March 15th. The company reported C($0.11) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.07).

Separately, JPMorgan Chase & Co. decreased their price target on Lithium Americas from C$10.00 to C$7.50 and set a "neutral" rating on the stock in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of C$22.75.

Lithium Americas Stock Performance

Shares of LAC stock traded down C$0.28 during midday trading on Wednesday, hitting C$6.13. The company had a trading volume of 965,262 shares, compared to its average volume of 660,749. The company has a debt-to-equity ratio of 0.97, a current ratio of 8.38 and a quick ratio of 52.06. Lithium Americas has a 52-week low of C$5.17 and a 52-week high of C$31.34. The stock has a market cap of C$992.94 million, a price-to-earnings ratio of -205.00 and a beta of 1.58. The company's 50 day simple moving average is C$7.85 and its 200 day simple moving average is C$8.38.

Insider Activity at Lithium Americas

In other Lithium Americas news, Director Jinhee Magie bought 8,000 shares of the company's stock in a transaction that occurred on Wednesday, April 24th. The stock was purchased at an average cost of C$6.48 per share, for a total transaction of C$51,840.00. Over the last ninety days, insiders acquired 8,831 shares of company stock worth $55,411. 0.38% of the stock is currently owned by insiders.

Lithium Americas Company Profile

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.