Insights into Lucid (LCID) Stock for Investors

By Harris Dyer • Tuesday, September 02 15:17 • Permanent Link

Lucid sank -10.6% today, compared to the S&P 500's day change of -1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Lucid has moved -48.2% over the last year, and the S&P 500 logged a change of 16.8%
LCID has an average analyst rating of hold and is -27.09% away from its mean target price of $24.28 per share
Its trailing earnings per share (EPS) is $-11.3
Lucid has a trailing 12 month Price to Earnings (P/E) ratio of -1.6 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $-0.88 and its forward P/E ratio is -20.1
The company has a Price to Book (P/B) ratio of 2.26 in contrast to the S&P 500's average ratio of 4.74
Lucid is part of the Industrials sector, which has an average P/E ratio of 24.03 and an average P/B of 2.89
The company has a free cash flow of $-2090154112, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Lucid Group, Inc., a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. The company is headquartered in Newark, California. Lucid Group, Inc. is a subsidiary of Ayar Third Investment Company.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.