NYSE:LAC

Lithium Americas - LAC Stock Forecast, Price & News

$27.16

-0.98 (-3.48%)

(As of 10/6/2022 03:59 PM ET)

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Today's Range: $27.13
▼
$29.03
50-Day Range: $24.96
▼
$31.72
52-Week Range: $18.89
▼
$41.56

Volume: 127,413 shs
Average Volume: 2.36 million shs
Market Capitalization: $3.66 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $40.70

Lithium Americas MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.92 Rating Score
Upside/Downside: 46.2% Upside
$40.70 Price Target
Short Interest: Bearish
8.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.15
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.47) to $0.99 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Basic Materials Sector

138th out of 166 stocks

Metal Mining Industry

13th out of 18 stocks

3.5

Analyst's Opinion

Consensus Rating
Lithium Americas has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.70, Lithium Americas has a forecasted upside of 46.2% from its current price of $27.83.
Amount of Analyst Coverage
Lithium Americas has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
8.60% of the float of Lithium Americas has been sold short.
Short Interest Ratio / Days to Cover
Lithium Americas has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Lithium Americas has recently increased by 0.34%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Lithium Americas does not currently pay a dividend.
Dividend Growth
Lithium Americas does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LAC.

1.8

News and Social Media Coverage

News Sentiment
Lithium Americas has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.34 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Lithium Americas this week, compared to 2 articles on an average week.
Search Interest
Only 68 people have searched for LAC on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
Only 28 people have added Lithium Americas to their MarketBeat watchlist in the last 30 days. This is a decrease of -51% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lithium Americas insiders have not sold or bought any company stock.
Percentage Held by Insiders
19.80% of the stock of Lithium Americas is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 23.73% of the stock of Lithium Americas is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Lithium Americas are expected to grow in the coming year, from ($0.47) to $0.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lithium Americas is -51.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lithium Americas is -51.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Lithium Americas has a P/B Ratio of 6.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lithium Americas (NYSE:LAC) Stock

Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

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LAC Stock News Headlines

October 3, 2022 | nasdaq.com

Interesting LAC Put And Call Options For January 2025

September 29, 2022 | finance.yahoo.com

Why Rivian, Nio, and Lithium Americas Stocks Sank Today

October 6, 2022 | Investing Trends (Ad)

How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors

According to Bloomberg NEF, changing the world to "All Green Energy" could cost about $173 trillion. And without this rare metal, going green would be IMPOSSIBLE. That's why there's a literal "gold rush" to find it. (HINT: It's not electric vehicles, nuclear power, or wind energy).

September 29, 2022 | seekingalpha.com

Nio Enters Race For Lithium With Australian Investment

September 22, 2022 | finance.yahoo.com

“EVs Still Appear Conservative”: 10 Best Electric Vehicle Stocks to Buy for Long Term

September 7, 2022 | msn.com

How the U.S., China and Australia Are Competing for the World's Lithium

September 3, 2022 | finance.yahoo.com

13 Largest Lithium Producers In The World

September 1, 2022 | finance.yahoo.com

Lithium Americas Stock Shows Rising Relative Strength

October 6, 2022 | Investing Trends (Ad)

How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors

September 1, 2022 | finance.yahoo.com

Push to shorten U.S. mine permit review process gains steam

August 25, 2022 | finance.yahoo.com

10 Stocks That Jumped After Jim Cramer’s Negative Call

August 22, 2022 | finance.yahoo.com

10 Inverse Jim Cramer Stocks to Buy Today

August 17, 2022 | finance.yahoo.com

The Zacks Analyst Blog Highlights Livent, Lithium Americas, Albemarle and Piedmont Lithium

August 15, 2022 | finance.yahoo.com

Lithium Stocks Keep Running With SQM Earnings On Deck

August 12, 2022 | morningstar.com.au

Lithium Stocks Rally on US Inflation Reduction Act

August 8, 2022 | finance.yahoo.com

Lithium Americas Corp.: Inflation Reduction Act Will Keep Lithium Prices High; LAC and Albemarle Top Picks

July 22, 2022 | seekingalpha.com

Lithium Refining Prints Money, But Look For Integrated Plays

July 20, 2022 | finance.yahoo.com

Lithium Americas Celebrates Inauguration of Lithium Technical Development Center in Nevada and Provides Thacker Pass Update

July 19, 2022 | finance.yahoo.com

Lithium Americas Publishes 2021 ESG-S Report

July 11, 2022 | nasdaq.com

China's Ganfeng Lithium to buy Lithea Inc for $962 mln

July 5, 2022 | seekingalpha.com

Lithium Americas Not Likely To Be Held Back By Goldman Sachs Report

June 29, 2022 | baystreet.ca

Top Reasons to Add Lithium Stocks to Your Portfolio Today

June 23, 2022 | baystreet.ca

The Top Lithium Stocks to Consider in 2022

June 21, 2022 | theglobeandmail.com

Lithium Americas Corp stock advanced on Tuesday.

May 25, 2022 | ca.investing.com

Pick From 2 Lithium Stocks for Your Next Big Investment

May 24, 2022 | finance.yahoo.com

Hunt for Lithium Sparks Frantic Rush Into Argentine Mountains

May 14, 2022 | finance.yahoo.com

Princeton University Discloses Large Stake in Lithium Miner

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30 days | 90 days | 365 days | Advanced Chart

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LAC Company Calendar

Last Earnings: 7/28/2022
Today: 10/06/2022
Next Earnings (Estimated): 11/21/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Metal mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:LAC
CUSIP: N/A
CIK: 1440972
Web: www.lithiumamericas.com
Phone: (778) 656-5820
Fax: N/A
Employees: 347
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $40.70
High Stock Price Forecast: $49.00
Low Stock Price Forecast: $36.00
Forecasted Upside/Downside: +49.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.92
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-38,490,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -13.59%
Return on Assets: -9.90%

Debt

Debt-to-Equity Ratio: 0.26
Current Ratio: 44.14
Quick Ratio: 44.14

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.00 per share
Price / Book: 6.79

Miscellaneous

Outstanding Shares: 134,660,000
Free Float: 107,994,000
Market Cap: $3.66 billion
Optionable: Not Optionable
Beta: 1.50

Key Executives

Mr. Jonathan D. Evans (Age 51)
Pres, CEO & Director
Comp: $476.25k

Mr. John Anthony Kanellitsas B.S. (Age 60)
M.B.A., MBA, Exec. Vice Chair
Comp: $440.39k

Mr. Eduard K. Epshtein C.A. (Age 47)
CA, Chief Financial Officer
Comp: $309.77k

Mr. Alexander Hamilto Meikle
VP of Corp. Devel.

Mr. Ignacio Celorrio
Pres of Latin America

Dr. Rene LeBlanc
Chief Technical Officer

Ms. Virginia Morgan
Sr. Director of Investor Relations & ESG

Ms. Jenna R. Virk (Age 44)
Corp. Sec. & Director of Legal Affairs

Ms. Aubree Barnum P.H.R.
VP of HR

Mr. Dennis P. Bryan P.E.
Sr. VP of Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LAC Stock - Frequently Asked Questions

Should I buy or sell Lithium Americas stock right now?: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lithium Americas in the last twelve months. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LAC shares.
View LAC analyst ratings or view top-rated stocks.
What is Lithium Americas' stock price forecast for 2022?: 12 brokerages have issued 12-month target prices for Lithium Americas' shares. Their LAC share price forecasts range from $36.00 to $49.00. On average, they predict the company's stock price to reach $40.70 in the next twelve months. This suggests a possible upside of 46.8% from the stock's current price.
View analysts price targets for LAC or view top-rated stocks among Wall Street analysts.
How have LAC shares performed in 2022?: Lithium Americas' stock was trading at $29.12 at the beginning of 2022. Since then, LAC shares have decreased by 4.8% and is now trading at $27.73.
View the best growth stocks for 2022 here.
Are investors shorting Lithium Americas?: Lithium Americas saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 8,910,000 shares, a drop of 11.3% from the August 15th total of 10,040,000 shares. Based on an average daily volume of 2,400,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 8.6% of the company's shares are sold short.
View Lithium Americas' Short Interest.
When is Lithium Americas' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 21st 2022.
View our LAC earnings forecast.
How were Lithium Americas' earnings last quarter?: Lithium Americas Corp. (NYSE:LAC) released its quarterly earnings data on Thursday, July, 28th. The company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.02.

What is Philippe Spruch's approval rating as Lithium Americas' CEO?: 7 employees have rated Lithium Americas Chief Executive Officer Philippe Spruch on Glassdoor.com. Philippe Spruch has an approval rating of 88% among the company's employees.
What other stocks do shareholders of Lithium Americas own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Lithium Americas investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), AT&T (T), Tesla (TSLA), Intel (INTC), NIO (NIO), QUALCOMM (QCOM), Sociedad Química y Minera de Chile (SQM), Micron Technology (MU) and Sorrento Therapeutics (SRNE).
What is Lithium Americas' stock symbol?: Lithium Americas trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAC."
How do I buy shares of Lithium Americas?: Shares of LAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Lithium Americas' stock price today?: One share of LAC stock can currently be purchased for approximately $27.73.
How much money does Lithium Americas make?: Lithium Americas (NYSE:LAC) has a market capitalization of $3.73 billion. The company earns $-38,490,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.
How many employees does Lithium Americas have?: The company employs 347 workers across the globe.
How can I contact Lithium Americas?: Lithium Americas' mailing address is SUITE 300 - 900 WEST HASTINGS STREET, VANCOUVER A1, V6C 1E5. The official website for the company is www.lithiumamericas.com. The company can be reached via phone at (778) 656-5820 or via email at ir@lithiumamericas.com.

This page (NYSE:LAC) was last updated on 10/6/2022 by MarketBeat.com Staff

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Lithium Americas - LAC Stock Forecast, Price & News

Lithium Americas MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows