The stock has declined recently, because it's been declining with the entire sector. The Lionel Electric deal will be good. He would add shares.
Why is Lev stock falling?
Why is LEV stock falling? After the initial pop, LEV stock has been falling. In two days since listing, the stock has given up 9 percent of its value. However, the drop doesn't have anything to do with the company. The broader EV sector has been selling off recently with the likes of Tesla, NIO, Li Auto, and XPeng all trading down.
Is Lion Electric's stock overvalued or undervalued?
Only 7.03% of the stock of Lion Electric is held by institutions. Earnings for Lion Electric are expected to decrease in the coming year, from $0.14 to ($0.18) per share. Lion Electric has a P/B Ratio of 18.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Where can I buy Lev shares?
Shares of LEV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How can I get the latest news and ratings for Lev?
Sign up to receive the latest news and ratings for LEV and its competitors with MarketBeat's FREE daily newsletter. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Is LEV a good stock buy?
Out of 6 analysts, 4 (66.67%) are recommending LEV as a Strong Buy, 1 (16.67%) are recommending LEV as a Buy, 1 (16.67%) are recommending LEV as a Hold, 0 (0%) are recommending LEV as a Sell, and 0 (0%) are recommending LEV as a Strong Sell. What is LEV's earnings growth forecast for 2022-2024?
Should I sell Lion Electric?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lion Electric in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Lion Electric stock.
Is Lion Electric overvalued?
Valuation metrics show that The Lion Electric Company may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of LEV, demonstrate its potential to underperform the market.
How do I invest in Lion Electric?
How can I buy shares in Lion Electric ?Find an online broker offering stock investments.Open your trading account by filling out a simple form.Deposit funds into your account.Search for the stock.Place a buy order to add Lion Electric to your stock portfolio.
Is Lion a buy?
Lion Electric Company's analyst rating consensus is a 'Moderate Buy. This is based on the ratings of 5 Wall Streets Analysts.
Is Lion electric profitable?
Revenue of $22.9 million, up $9.4 million, as compared to $13.5 million in Q4 2020. Gross profit of $2.2 million, down $0.5 million, as compared to $2.5 million in Q4 2020.
Does LEV stock pay a dividends?
Lion Electric Co (NYSE: LEV) does not pay a dividend.
Is Lion electric publicly traded?
Lion Electric went public in late 2020 during the special purpose acquisition company (SPAC) craze, merging with a public firm called Northern Genesis Acquisition Corp (NYSE: NGAB). Christened LEV, shares are currently listed on both the Nasdaq and Toronto Stock Exchange.
Who owns the Lion Electric company?
Lion Electric CompanyNative nameLa Compagnie Électrique LionKey peopleMarc Bédard and Camile ChartrandProductsBuses and trucksServicesBus and truck manufacturingOwnerMarc Bédard and Camile Chartrand7 more rows
How much is a Lion Electric truck?
between $300,000 and $400,000Each Lion Electric truck costs between $300,000 and $400,000, making the deal worth between $ 15 and 20 million overall, in our estimation. Lion Electric Co.
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How to buy shares in ProterraCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Should I buy or sell Lion Electric stock right now?
10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lion Electric in the last year. There are currently 1 sell ratin...
What is Lion Electric's stock price forecast for 2022?
10 equities research analysts have issued 1 year price objectives for Lion Electric's shares. Their forecasts range from $7.00 to $16.50. On averag...
How has Lion Electric's stock price performed in 2022?
Lion Electric's stock was trading at $9.94 at the beginning of 2022. Since then, LEV stock has decreased by 48.3% and is now trading at $5.14. Vie...
When is Lion Electric's next earnings date?
Lion Electric is scheduled to release its next quarterly earnings announcement on Friday, August 12th 2022. View our earnings forecast for Lion El...
How were Lion Electric's earnings last quarter?
The Lion Electric Company (NYSE:LEV) announced its earnings results on Tuesday, May, 3rd. The company reported $0.01 EPS for the quarter, missing a...
Who are Lion Electric's key executives?
Lion Electric's management team includes the following people: Mr. Marc Bedard , Founder, CEO & Director (Age 58, Pay $587.11k) Mr. Nicolas Brun...
Who are some of Lion Electric's key competitors?
Some companies that are related to Lion Electric include Nikola (NKLA) , Fisker (FSR) , Brilliance China Automotive (BCAUY) , Federal Signal (F...
What is Lion Electric's stock symbol?
Lion Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEV."
Who are Lion Electric's major shareholders?
Lion Electric's stock is owned by a variety of retail and institutional investors. Top institutional investors include Power Corp of Canada (35.52%...
What is The Lion Electric Co stock symbol?
The Lion Electric Co is a American stock, trading under the symbol LEV-N on the New York Stock Exchange (undefined). It is usually referred to as N...
Is The Lion Electric Co a buy or a sell?
In the last year, 5 stock analysts published opinions about LEV-N. 1 analyst recommended to BUY the stock. 3 analysts recommended to SELL the stock...
Is The Lion Electric Co a good investment or a top pick?
The Lion Electric Co was recommended as a Top Pick by null on null. Read the latest stock experts ratings for The Lion Electric Co.
Why is The Lion Electric Co stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should b...
Is The Lion Electric Co worth watching?
5 stock analysts on Stockchase covered The Lion Electric Co In the last year. It is a trending stock that is worth watching.
What is The Lion Electric Co stock price?
On 2022-06-10, The Lion Electric Co (LEV-N) stock closed at a price of $5.14.
The Lion Electric Co (LEV-N)
Based in Quebec, this maker of electric school buses and heavy trucks trades both on the TSX and Nasdaq and is a favourite of Mad Money's Jim Cramer. Lion has been on a roll so far this year. In January, Amazon ordered 2,500 trucks from them to be delivered over the next four years.
The Lion Electric Co (LEV-N) Rating
Stockchase rating for The Lion Electric Co is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
The Lion Electric Co (LEV-N) Frequently Asked Questions
The Lion Electric Co is a American stock, trading under the symbol LEV-N on the New York Stock Exchange (LEV). It is usually referred to as NYSE:LEV or LEV-N
When did Lion Electric merge with NGA?
Lion Electric completed its merger with Northern Genesis Acquisition Corp (NGA) on May 6. The combination was approved by NGA shareholders at the special meeting held on April 23. Through this transaction, the company got approximately $490 million after paying transaction costs. Lion stock popped by nearly 13 percent on the first day of trading.
Why is LEV stock falling?
After the initial pop, LEV stock has been falling. In two days since listing, the stock has given up 9 percent of its value. However, the drop doesn't have anything to do with the company. The broader EV sector has been selling off recently with the likes of Tesla, NIO, Li Auto, and XPeng all trading down.
LEV stock forecast
According to the consensus compiled by Market Beat, currently, two Wall Street analysts cover LEV stock. Both of them have a buy rating for the stock. Both of the firms, BMP Capital Markets and Desjardins, have a target price of $22 and $26 for the stock.
Lion Electric versus BYD
LEV is a truck and bus manufacturer. In the EV space, BYD is a close peer to the company. It manufactures commercial vehicles apart from passenger cars, rail transit, batteries, and electronics. BYD is an established player in the bus and truck market and many of its vehicles are already running on roads across the world, including in the U.S.
Is LEV stock a good investment?
Compared to LEV’s other EV peers, its valuation looks reasonable. This is especially true given the fact that the company is already building vehicles with a presence in the market. That’s a headstart in itself in the market where most of the newcomer EV players have yet to produce and sell a single vehicle.
Signals & Forecast
There are mixed signals in the stock today. The The Lion Electric Company stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Support, Risk & Stop-loss
The Lion Electric Company finds support from accumulated volume at $7.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is The Lion Electric Company stock A Buy?
The Lion Electric Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
