Largo (LGO) Stock Price, News & Analysis

Company Overview

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. The company offers renewable energy storage solutions through Largo Clean Energy. Its products are sourced from vanadium deposits at the Maracás Menchen Mine in Brazil. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. The company was incorporated in 1988 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: $2.00 to $2.06
• 50-Day Range: $1.61 to $2.67
• 52-Week Range: $1.38 to $2.84
• Volume: 61,634 shs
• Average Volume: 233,440 shs
• Market Capitalization: $129.82 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.20
• Consensus Rating: Buy

Largo Stock Analysis - MarketRank™

Largo scored higher than 56% of companies evaluated by MarketBeat, and ranked 147th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Largo has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Largo has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Largo are expected to grow in the coming year, from ($0.57) to $0.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Largo is -2.53, 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 Largo is -2.53, 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

Largo has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LGO.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Largo does not currently pay a dividend.

Dividend Growth

Largo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LGO.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.36

News Sentiment

Largo has a news sentiment score of 0.36. 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 0.76 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Largo this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for LGO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

3 people have added Largo to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Largo insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.26% of the stock of Largo is held by insiders.

Percentage Held by Institutions

64.08% of the stock of Largo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LGO Stock Analysis - Frequently Asked Questions

How have LGO shares performed this year?

Largo's stock was trading at $2.31 at the start of the year. Since then, LGO stock has decreased by 12.3% and is now trading at $2.0250.
View the best growth stocks for 2024 here.

How were Largo's earnings last quarter?

Largo Inc. (NYSE:LGO) released its quarterly earnings results on Tuesday, November, 12th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.07. The company had revenue of $29.91 million for the quarter. Largo had a negative trailing twelve-month return on equity of 22.61% and a negative net margin of 35.10%.

Who are Largo's major shareholders?

Largo's top institutional shareholders include XTX Topco Ltd (0.02%).

How do I buy shares of Largo?

Shares of LGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Largo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Largo investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Mining & quarrying of nonmetallic minerals, except fuels
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NYSE:LGO
• CUSIP: N/A
• CIK: 1400438
• Web: www.largoresources.com
• Phone: (416) 861-9797
• Fax: N/A
• Employees: 533
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.20
• High Stock Price Target: $4.20
• Low Stock Price Target: $4.20
• Potential Upside/Downside: +107.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.80)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-30,340,000.00
• Net Margins: -35.10%
• Pretax Margin: -47.19%
• Return on Equity: -22.61%
• Return on Assets: -14.29%

Debt

• Debt-to-Equity Ratio: 0.34
• Current Ratio: 1.67
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $198.68 million
• Price / Sales: 0.65
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.12 per share
• Price / Book: 0.65

Miscellaneous

• Outstanding Shares: 64,110,000
• Free Float: 63,944,000
• Market Cap: $129.50 million
• Optionable: Not Optionable
• Beta: 1.75