Largo Inc. (NYSE:LGO - Free Report) - Equities research analysts at HC Wainwright upped their FY2025 EPS estimates for shares of Largo in a note issued to investors on Wednesday, November 13th. HC Wainwright analyst H. Ihle now forecasts that the company will earn $0.11 per share for the year, up from their previous estimate of $0.09. HC Wainwright has a "Buy" rating and a $4.20 price objective on the stock. The consensus estimate for Largo's current full-year earnings is ($0.44) per share.
Largo Stock Down 3.9 %
Shares of NYSE LGO traded down $0.08 during mid-day trading on Friday, hitting $1.95. 123,712 shares of the stock traded hands, compared to its average volume of 104,089. The company has a market cap of $125.02 million, a price-to-earnings ratio of -2.46 and a beta of 1.75. The stock has a fifty day moving average price of $2.01 and a 200-day moving average price of $1.92. Largo has a 52 week low of $1.38 and a 52 week high of $2.84. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.23 and a current ratio of 1.67.
Hedge Funds Weigh In On Largo
A hedge fund recently bought a new stake in Largo stock. Herr Investment Group LLC acquired a new stake in shares of Largo Inc. (NYSE:LGO - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 200,025 shares of the company's stock, valued at approximately $370,000. Herr Investment Group LLC owned about 0.31% of Largo at the end of the most recent quarter. Institutional investors and hedge funds own 64.08% of the company's stock.
Largo Company Profile
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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.
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