Lightning eMotors Inc.

Company Profile

Lightning eMotors Inc. had its IPO on 2020-07-02 under the ticker symbol ZEV.

The company operates in the Industrials sector and Farm & Heavy Construction Machinery industry. Lightning eMotors Inc. has a staff strength of 268 employees.

Stock update

Shares of Lightning eMotors Inc. opened at $1.7 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.69 - $1.85, and closed at $1.81.

This is a +7.74% increase from the previous day's closing price.

A total volume of 75,681 shares were traded at the close of the day’s session.

In the last one week, shares of Lightning eMotors Inc. have slipped by -2.16%.

Lightning eMotors Inc.'s Key Ratios

Lightning eMotors Inc. has a market cap of $11.96 million, indicating a price to book ratio of 0.7475 and a price to sales ratio of 1.8946.

In the last 12-months Lightning eMotors Inc.’s revenue was $24.69 million with a gross profit of $-11838000 and an EBITDA of $-82455000. The EBITDA ratio measures Lightning eMotors Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Lightning eMotors Inc.’s operating margin was -343.11% while its return on assets stood at -36.2% with a return of equity of -144.79%.

In Q2, Lightning eMotors Inc.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 123.9%.

Lightning eMotors Inc.’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-10.45 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Lightning eMotors Inc.’s profitability.

Lightning eMotors Inc. stock is trading at a EV to sales ratio of 1.0253 and a EV to EBITDA ratio of 0.3968. Its price to sales ratio in the trailing 12-months stood at 1.8946.

Lightning eMotors Inc. stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$107.16 million

Total Liabilities

$73.23 million

Operating Cash Flow

$-2539000.00

Capital Expenditure

$866000

Dividend Payout Ratio

0%

Lightning eMotors Inc. ended 2024 with $107.16 million in total assets and $0 in total liabilities. Its intangible assets were valued at $107.16 million while shareholder equity stood at $22.93 million.

Lightning eMotors Inc. ended 2024 with $0 in deferred long-term liabilities, $73.23 million in other current liabilities, 1000.00 in common stock, $-211277000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $12.62 million and cash and short-term investments were $12.62 million. The company’s total short-term debt was $55,322,000 while long-term debt stood at $2.98 million.

Lightning eMotors Inc.’s total current assets stands at $85.11 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $8.66 million compared to accounts payable of $10.26 million and inventory worth $57.15 million.

In 2024, Lightning eMotors Inc.'s operating cash flow was $-2539000.00 while its capital expenditure stood at $866000.

Comparatively, Lightning eMotors Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.81

52-Week High

$44.2

52-Week Low

$1.57

Analyst Target Price

$34.63

Lightning eMotors Inc. stock is currently trading at $1.81 per share. It touched a 52-week high of $44.2 and a 52-week low of $44.2. Analysts tracking the stock have a 12-month average target price of $34.63.

Its 50-day moving average was $3.11 and 200-day moving average was $7.12 The short ratio stood at 5.1 indicating a short percent outstanding of 0%.

Around 2651.1% of the company’s stock are held by insiders while 1094.5% are held by institutions.