TSE:LAC FY2025 EPS Reduced by National Bank Financial

Lithium Americas Corp. (TSE:LAC) – Investment analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Lithium Americas in a research note issued on Wednesday, October 16th. National Bank Financial analyst M. Sidibe now expects that the company will post earnings of ($0.29) per share for the year, down from their previous forecast of ($0.01). National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share. National Bank Financial also issued estimates for Lithium Americas’ FY2026 earnings at ($0.33) EPS and FY2027 earnings at ($0.44) EPS.

Lithium Americas (TSE:LAC) last issued its earnings results on Tuesday, August 13th. The company reported C($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.03) by C($0.04).

LAC has been the subject of a number of other reports. National Bankshares raised Lithium Americas from a “sector perform” rating to an “outperform” rating and upped their target price for the company from C$5.75 to C$7.25 in a research report on Thursday, October 17th. Piper Sandler downgraded Lithium Americas from a “strong-buy” rating to a “hold” rating in a report on Monday, July 29th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$9.08.

Lithium Americas Stock Performance

TSE LAC opened at C$4.15 on Monday. The company has a fifty day moving average of C$3.49 and a two-hundred day moving average of C$4.66. The company has a debt-to-equity ratio of 0.69, a current ratio of 20.15 and a quick ratio of 52.06. Lithium Americas has a 1 year low of C$2.87 and a 1 year high of C$10.75. The company has a market capitalization of C$904.70 million, a PE ratio of -25.94 and a beta of 1.58.

Insiders Place Their Bets

In related news, Senior Officer Oleksandr Shulga sold 24,862 shares of Lithium Americas stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$3.40, for a total value of C$84,530.80. 7.40% of the stock is owned by insiders.

About Lithium Americas

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.