share_log

Northland Capmk Weighs in on The Lion Electric Company's FY2022 Earnings (TSE:LEV)

Defense World ·  Dec 30, 2022 14:11

The Lion Electric Company (TSE:LEV – Get Rating) – Analysts at Northland Capmk issued their FY2022 earnings per share (EPS) estimates for shares of Lion Electric in a research note issued to investors on Tuesday, December 27th. Northland Capmk analyst A. Sinha forecasts that the company will post earnings per share of ($0.36) for the year. The consensus estimate for Lion Electric's current full-year earnings is ($0.48) per share. Northland Capmk also issued estimates for Lion Electric's Q4 2022 earnings at ($0.16) EPS, Q1 2023 earnings at ($0.18) EPS, Q2 2023 earnings at ($0.20) EPS, Q3 2023 earnings at ($0.23) EPS, Q4 2023 earnings at ($0.26) EPS and FY2023 earnings at ($0.87) EPS.

Get Lion Electric alerts:

Separately, B. Riley initiated coverage on shares of Lion Electric in a research note on Tuesday, September 27th. They issued a "buy" rating and a C$7.00 target price on the stock.

Lion Electric Stock Performance

Shares of TSE:LEV opened at C$2.90 on Thursday. The stock has a market capitalization of C$632.43 million and a price-to-earnings ratio of 7.07. The business's fifty day moving average price is C$3.68 and its two-hundred day moving average price is C$4.78. Lion Electric has a fifty-two week low of C$2.50 and a fifty-two week high of C$12.95. The company has a debt-to-equity ratio of 30.58, a current ratio of 3.18 and a quick ratio of 1.33.

About Lion Electric

(Get Rating)

The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. Its products include battery systems, chassis, bus bodies, and truck cabins. The company also distributes truck and bus parts, as well as accessories.

See Also

  • Is Kintara Therapeutics A Hidden Gem?
  • Should You Warm up to Generac Stock for the Winter?
  • 3 High-Yield Dividend Stocks to Hold for the Long Haul
  • Cal-Maine Posts Record Quarter, Remain CALM Income Investors
  • Tesla Stock: What the Bulls and the Bears Are Getting Wrong

Receive News & Ratings for Lion Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lion Electric and related companies with MarketBeat.com's FREE daily email newsletter.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment