FY2026 EPS Estimates for Lithium Americas Corp. Cut by Scotiabank (TSE:LAC)

Lithium Americas Corp. (TSE:LAC) – Investment analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for shares of Lithium Americas in a report released on Monday, April 22nd. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of $1.28 for the year, down from their previous estimate of $1.87. The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share.

Separately, JPMorgan Chase & Co. lowered their target price on shares of Lithium Americas from C$10.00 to C$7.50 and set a “neutral” rating on the stock in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Lithium Americas presently has a consensus rating of “Hold” and an average target price of C$22.75.

Lithium Americas Trading Down 1.3 %

LAC stock opened at C$6.05 on Wednesday. The company’s 50-day simple moving average is C$7.86 and its 200-day simple moving average is C$8.37. The company has a quick ratio of 52.06, a current ratio of 8.38 and a debt-to-equity ratio of 0.97. Lithium Americas has a 52-week low of C$5.17 and a 52-week high of C$31.34. The firm has a market cap of C$979.98 million, a P/E ratio of -201.67 and a beta of 1.58.

Lithium Americas (TSE:LAC) last announced its quarterly earnings results on Friday, March 15th. The company reported C($0.11) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.07).

Insider Transactions at Lithium Americas

In related news, Director Jinhee Magie purchased 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The shares were purchased at an average cost of C$6.48 per share, with a total value of C$51,840.00. Insiders have bought a total of 8,831 shares of company stock valued at $55,411 in the last ninety days. 0.38% of the stock is currently owned by corporate insiders.

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.