Lion Electric (TSE:LEV – Get Free Report) was upgraded by research analysts at B. Riley to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks.com reports.
Several other equities research analysts also recently commented on LEV. Desjardins downgraded shares of Lion Electric from a “buy” rating to a “hold” rating in a research report on Friday, March 1st. National Bank Financial downgraded shares of Lion Electric from a “sec perform spec market wgt” rating to an “underperform spec market wgt” rating in a research report on Wednesday, May 8th.
View Our Latest Research Report on Lion Electric
Lion Electric Stock Up 1.6 %
Lion Electric (TSE:LEV – Get Free Report) last released its earnings results on Wednesday, May 8th. The company reported C($0.02) EPS for the quarter, topping analysts’ consensus estimates of C($0.10) by C$0.08. Lion Electric had a negative net margin of 43.21% and a negative return on equity of 28.75%. The business had revenue of C$74.80 million for the quarter, compared to the consensus estimate of C$97.28 million. Equities research analysts expect that Lion Electric will post -0.48 earnings per share for the current fiscal year.
About Lion Electric
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.
Featured Stories
- Five stocks we like better than Lion Electric
- What is a Bond Market Holiday? How to Invest and Trade
- Why Paychex Stock’s Dip is the Best Opportunity in Today’s Cycle
- ETF Screener: Uses and Step-by-Step Guide
- Any Pullback in Tech May Signal a Rotation into These 3 Sectors
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- 3 Stocks to Watch: Oracle, Casey’s, FedEx Signal Big Gains
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.