Free Trial

HC Wainwright Comments on Largo's FY2024 Earnings (TSE:LGO)

Largo logo with Basic Materials background

Largo Inc. (TSE:LGO - Free Report) - Equities researchers at HC Wainwright cut their FY2024 EPS estimates for shares of Largo in a report released on Wednesday, November 13th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of ($0.79) for the year, down from their previous estimate of ($0.60). The consensus estimate for Largo's current full-year earnings is $0.13 per share.

Largo Stock Performance

The stock has a market cap of C$175.02 million, a PE ratio of -2.55, a P/E/G ratio of -0.76 and a beta of 2.09. The stock's 50-day moving average price is C$2.75 and its two-hundred day moving average price is C$2.63. Largo has a 1 year low of C$1.89 and a 1 year high of C$3.92. The company has a current ratio of 2.13, a quick ratio of 1.52 and a debt-to-equity ratio of 41.04.

Largo Company Profile

(Get Free Report)

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.

Further Reading

Should you invest $1,000 in Largo right now?

Before you consider Largo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Largo wasn't on the list.

While Largo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?

AVGO is up 30% since earnings: could Broadcom be the next member of the Magnificent Seven? Can it sustain this momentum or is a pullback on the horizon?

Related Videos

Why Meta Is Still a Top Stock Pick for 2025
Meta Platforms Tops Most Upgraded Stocks List—Here’s What to Expect
Alphabet Gaining Momentum: Can It Reach $200 by December?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines