On Tuesday, Lucid Group Inc (NASDAQ: LCID) was 2.48% up from the session before settling in for the closing price of $21.39. A 52-week range for LCID has been $15.25 – $36.40.
Consumer Cyclical Sector giant saw their annual sales surged by 54.19% over the last five years. When this article was written, the company’s average yearly earnings per share was at 27.63%. With a float of $123.53 million, this company’s outstanding shares have now reached $307.23 million.
The firm has a total of 6800 workers. Let’s measure their productivity.
Lucid Group Inc (LCID) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lucid Group Inc stocks. The insider ownership of Lucid Group Inc is 59.80%, while institutional ownership is 16.79%. The most recent insider transaction that took place on Oct 30 ’24, was worth 970,894,149. In this transaction Director of this company bought 374,717,927 shares at a rate of $2.59, taking the stock ownership to the 2,205,602,291 shares. Before that another transaction happened on Oct 31 ’24, when Company’s Director bought 21,470,459 for $2.59, making the entire transaction worth $55,629,959. This insider now owns 2,227,072,750 shares in total.
Lucid Group Inc (LCID) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -2.8 earnings per share (EPS) during the time that was better than consensus figure (set at -3.1) by 0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.37% during the next five years compared to 54.19% growth over the previous five years of trading.
Lucid Group Inc (NASDAQ: LCID) Trading Performance Indicators
You can see what Lucid Group Inc (LCID) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.53, a number that is poised to hit -2.30 in the next quarter and is forecasted to reach -6.78 in one year’s time.
