FY2024 EPS Estimates for The Lion Electric Company (TSE:LEV) Increased by B. Riley

The Lion Electric Company (TSE:LEVGet Rating) – Equities research analysts at B. Riley lifted their FY2024 earnings per share estimates for Lion Electric in a research report issued on Monday, March 13th. B. Riley analyst C. Souther now expects that the company will post earnings per share of $0.14 for the year, up from their prior estimate of $0.09. The consensus estimate for Lion Electric’s current full-year earnings is ($0.48) per share.

Separately, Raymond James decreased their price target on Lion Electric to C$2.50 in a research report on Tuesday.

Lion Electric Stock Performance

Shares of LEV opened at C$2.95 on Tuesday. The company has a current ratio of 3.99, a quick ratio of 1.33 and a debt-to-equity ratio of 39.85. The company has a market capitalization of C$652.04 million, a price-to-earnings ratio of 7.20 and a beta of 2.73. The stock has a 50 day moving average of C$3.20 and a 200 day moving average of C$3.67. Lion Electric has a 12 month low of C$2.50 and a 12 month high of C$11.52.

Lion Electric Company Profile

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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.

Further Reading

Earnings History and Estimates for Lion Electric (TSE:LEV)

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