FY2027 EPS Forecast for Lithium Argentina Cut by Analyst

Lithium Argentina AG (NYSE:LAR) – Equities researchers at National Bank Financial reduced their FY2027 earnings per share estimates for shares of Lithium Argentina in a note issued to investors on Monday, April 28th. National Bank Financial analyst M. Sidibe now expects that the company will post earnings per share of $0.19 for the year, down from their previous forecast of $0.23. The consensus estimate for Lithium Argentina’s current full-year earnings is ($0.05) per share.

A number of other research analysts also recently issued reports on the company. National Bankshares reduced their price target on Lithium Argentina from $3.75 to $3.50 and set a “sector perform” rating on the stock in a report on Wednesday, March 19th. Scotiabank reduced their target price on Lithium Argentina from $4.00 to $3.50 and set a “sector outperform” rating on the stock in a research note on Wednesday, March 19th.

Lithium Argentina Price Performance

LAR stock opened at $2.04 on Wednesday. The stock has a market capitalization of $330.28 million, a PE ratio of 0.26 and a beta of 1.36. The company has a 50-day moving average price of $2.14. Lithium Argentina has a 12-month low of $1.73 and a 12-month high of $5.60.

Lithium Argentina (NYSE:LAR) last issued its earnings results on Monday, March 17th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01.

Hedge Funds Weigh In On Lithium Argentina

A number of institutional investors have recently bought and sold shares of LAR. Alps Advisors Inc. purchased a new position in shares of Lithium Argentina during the 1st quarter worth approximately $627,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Lithium Argentina during the first quarter valued at approximately $592,000. Brown Advisory Inc. bought a new stake in shares of Lithium Argentina during the first quarter valued at approximately $215,000. Mutual Advisors LLC purchased a new stake in Lithium Argentina in the first quarter worth $103,000. Finally, Balboa Wealth Partners bought a new position in Lithium Argentina in the first quarter worth $90,000. 49.17% of the stock is owned by institutional investors.

About Lithium Argentina

Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina. The company owns interests in the Cauchari-Olaroz project located in Jujuy province; and the Pastos Grandes project located in Salta Province of Argentina. The company was formerly known as Lithium Americas (Argentina) Corp.