Largo Inc. (NYSE:LGO) Expected to Earn FY2025 Earnings of $0.11 Per Share

Largo Inc. (NYSE:LGO) – Analysts at HC Wainwright issued their FY2025 EPS estimates for Largo in a research report issued to clients and investors on Wednesday, May 1st. HC Wainwright analyst H. Ihle anticipates that the company will post earnings of $0.11 per share for the year. HC Wainwright currently has a “Buy” rating and a $4.70 price objective on the stock. The consensus estimate for Largo’s current full-year earnings is ($0.06) per share.

Largo (NYSE:LGO) last released its quarterly earnings data on Thursday, March 21st. The company reported ($0.21) EPS for the quarter. The company had revenue of $44.17 million during the quarter. Largo had a negative net margin of 16.29% and a negative return on equity of 12.02%.

Largo Stock Performance

Shares of Largo stock opened at $1.59 on Thursday. The firm has a 50-day moving average of $1.66 and a 200-day moving average of $2.01. Largo has a 52-week low of $1.38 and a 52-week high of $5.40. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.23 and a quick ratio of 1.78.

Institutional Investors Weigh In On Largo

Institutional investors have recently modified their holdings of the business. Toronto Dominion Bank bought a new stake in shares of Largo in the third quarter valued at about $36,000. Sprott Inc. bought a new stake in shares of Largo in the third quarter valued at about $59,000. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Largo in the third quarter valued at about $99,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Largo by 32.8% in the fourth quarter. Russell Investments Group Ltd. now owns 90,890 shares of the company’s stock valued at $210,000 after acquiring an additional 22,437 shares during the period. Institutional investors own 64.08% of the company’s stock.

About Largo

Largo Inc engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications.