What is Scotiabank's Estimate for TSE:LAC FY2025 Earnings?

Lithium Americas Corp. (TSE:LAC - Free Report) - Stock analysts at Scotiabank cut their FY2025 EPS estimates for Lithium Americas in a research note issued to investors on Monday, March 31st. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of ($0.37) per share for the year, down from their prior forecast of ($0.13). The consensus estimate for Lithium Americas' current full-year earnings is $1.38 per share. Scotiabank also issued estimates for Lithium Americas' FY2026 earnings at ($0.37) EPS.

A number of other equities analysts have also recently weighed in on the company. Cormark upgraded Lithium Americas to a "moderate buy" rating in a report on Friday, January 17th. National Bankshares upped their target price on shares of Lithium Americas from C$7.25 to C$7.50 and gave the company an "outperform" rating in a research report on Friday, January 10th. Finally, Wedbush upgraded shares of Lithium Americas to a "hold" rating in a research report on Thursday, December 19th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$7.50.

Lithium Americas Trading Down 7.5 %

LAC stock traded down C$0.28 during midday trading on Thursday, hitting C$3.46. 212,133 shares of the company's stock were exchanged, compared to its average volume of 460,403. Lithium Americas has a 1-year low of C$2.87 and a 1-year high of C$10.59. The company has a current ratio of 13.88, a quick ratio of 52.06 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of C$526.42 million, a PE ratio of -18.10 and a beta of 1.58. The business has a 50-day simple moving average of C$4.16 and a two-hundred day simple moving average of C$4.49.

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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.