Sigma Lithium Shares Drop 11.2% to $14.41; Q4 EPS Set to Fall 50%
Sigma Lithium shares plunged 11.16% to $14.41, severely underperforming major indices while still up 27.62% over the past month. Consensus forecasts call for a 50% EPS decline to -$0.12 and 25.3% revenue drop to $35.9 million in the upcoming quarter, with forward P/E at 25.75.
1. Stock Performance
Sigma Lithium shares closed at $14.41, falling 11.16% on the day, underperforming the S&P 500's 0.43% drop, Dow's 1.05% slide and Nasdaq's 0.92% decline. Over the past month, shares have gained 27.62%, outpacing the Basic Materials sector's 7.73% rise.
2. Quarterly Outlook
Analysts forecast Q4 EPS of -$0.12, a 50% decrease year-over-year, and revenues of $35.9 million, down 25.3% from the same quarter last year.
3. Full-Year Estimates
Full-year projections call for EPS of -$0.35, a 23.9% improvement from last year, and revenue of $129 million, a 15.2% decline.
4. Valuation and Ratings
The forward P/E ratio stands at 25.75, above the industry average of 23.99, while the PEG ratio is 0.43 versus the industry's 0.7. The stock holds a Hold rating under its quantitative model, and its industry ranks in the top 20% of over 250 peers.