Lion Electric (LEV) Stock Price, News & Analysis

Company Overview

The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories. The company was incorporated in 2008 and is based in Saint-Jérôme, Canada.

Key Stats

• Today's Range: $0.18 to $0.23
• 50-Day Range: $0.19 to $0.77
• 52-Week Range: $0.18 to $1.99
• Volume: 2.21 million shs
• Average Volume: 435,096 shs
• Market Capitalization: $42.53 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.46
• Consensus Rating: Hold

Lion Electric Stock Analysis - MarketRank™

Lion Electric scored higher than 55% of companies evaluated by MarketBeat, and ranked 53rd out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Lion Electric has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Lion Electric 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 Lion Electric are expected to grow in the coming year, from ($0.46) to ($0.28) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lion Electric is -0.32, 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 Lion Electric is -0.32, 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

Lion Electric has a P/B Ratio of 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.76% of the float of Lion Electric has been sold short.

Short Interest Ratio / Days to Cover

Lion Electric has a short interest ratio ("days to cover") of 11.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Lion Electric has recently decreased by 11.02%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Lion Electric does not currently pay a dividend.

Dividend Growth

Lion Electric does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

2.76% of the float of Lion Electric has been sold short.

Short Interest Ratio / Days to Cover

Lion Electric has a short interest ratio ("days to cover") of 11.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Lion Electric has recently decreased by 11.02%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.10

News Sentiment

Lion Electric has a news sentiment score of 0.10. 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 0.60 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Lion Electric this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for LEV on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Lion Electric to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

16.60% of the stock of Lion Electric is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.73% of the stock of Lion Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LEV Stock Analysis - Frequently Asked Questions

How have LEV shares performed this year?

Lion Electric's stock was trading at $1.77 on January 1st, 2024. Since then, LEV stock has decreased by 89.4% and is now trading at $0.1880.
View the best growth stocks for 2024 here.

How were Lion Electric's earnings last quarter?

The Lion Electric Company (NYSE:LEV) announced its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by $0.02. The company earned $30.63 million during the quarter, compared to the consensus estimate of $34.33 million. Lion Electric had a negative net margin of 74.35% and a negative trailing twelve-month return on equity of 32.42%.

Who are Lion Electric's major shareholders?

Lion Electric's top institutional investors include Power Corp of Canada (4.35%) and National Bank of Canada FI.

How do I buy shares of Lion Electric?

Shares of LEV 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 Lion Electric own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lion Electric investors own include Block (SQ), Palantir Technologies (PLTR), Digital Turbine (APPS), ChargePoint (CHPT), Canoo (GOEV), CrowdStrike (CRWD) and NIO (NIO).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicles & car bodies
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NYSE:LEV
• CUSIP: N/A
• CIK: 1834974
• Web: www.northerngenesis.com
• Phone: 45-0432-5466
• Fax: N/A
• Employees: 1,350
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $1.46
• High Stock Price Target: $2.50
• Low Stock Price Target: $0.60
• Potential Upside/Downside: +678.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.59)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-103,770,000.00
• Net Margins: -74.35%
• Pretax Margin: -74.34%
• Return on Equity: -32.42%
• Return on Assets: -12.99%

Debt

• Debt-to-Equity Ratio: 0.52
• Current Ratio: 1.12
• Quick Ratio: 0.30

Sales & Book Value

• Annual Sales: $253.50 million
• Price / Sales: 0.17
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.59 per share
• Price / Book: 0.12

Miscellaneous

• Outstanding Shares: 226,220,000
• Free Float: 188,666,000
• Market Cap: $42.53 million
• Optionable: Optionable
• Beta: 2.14