Lilium N.V. (NASDAQ: LILM) stock jumped 0.40% on Monday to $1.27 against a previous-day closing price of $1.26. With 0.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.25 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $1.2900 whereas the lowest price it dropped to was $1.2600. The 52-week range on LILM shows that it touched its highest point at $5.57 and its lowest point at $1.09 during that stretch. It currently has a 1-year price target of $5.99.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LILM was down-trending over the past week, with a drop of -8.63%, but this was up by 6.72% over a month. Three-month performance dropped to -23.49% while six-month performance fell -52.43%. The stock lost -77.64% in the past year, while it has gained 11.40% so far this year. A look at the trailing 12-month EPS for LILM yields -2.01 with Next year EPS estimates of -0.77. For the next quarter, that number is -0.21. This implies an EPS growth rate of 58.50% for this year and 4.90% for next year.
Float and Shares Shorts:
At present, 287.03 million LILM shares are outstanding with a float of 77.66 million shares on hand for trading. On Oct 13, 2022, short shares totaled 7.27 million, which was 2.42% higher than short shares on Sep 14, 2022. In addition to Mr. Daniel Weigand as the firm’s Co-Founder, Chief Engineer for Innovation & Future Programs and Exec. Director, Mr. Klaus Roewe serves as its Chief Exec. Officer.
Through their ownership of 12.71% of LILM’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 7.30% of LILM, in contrast to 1.84% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in LILM with 5.11% of the stake, Baillie Gifford & Co. holds 18,828,577 shares worth 18,828,577. A second-largest stockholder of LILM, Invesco Capital Management LLC, holds 8,277,643 shares, controlling over 2.25% of the firm’s shares. Pacific Investment Management Co is the third largest shareholder in LILM, holding 2,508,027 shares or 0.68% stake. With a 4.80% stake in LILM, the Scottish Mortgage Investment Trus is the largest stakeholder. A total of 17,699,615 shares are owned by the mutual fund manager. The Invesco WilderHill Clean Energy E, which owns about 2.39% of LILM stock, is the second-largest Mutual Fund holder. It holds 8,812,275 shares valued at 10.05 million. Fidelity Nasdaq Composite Index F holds 0.04% of the stake in LILM, owning 154,385 shares worth 0.18 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LILM since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LILM analysts setting a high price target of $7.00 and a low target of $1.00, the average target price over the next 12 months is $4.33. Based on these targets, LILM could surge 451.18% to reach the target high and fall by -21.26% to reach the target low. Reaching the average price target will result in a growth of 240.94% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. LILM will report FY 2022 earnings on 02/27/2024. Analysts have provided yearly estimates in a range of -$0.61 being high and -$1.06 being low. For LILM, this leads to a yearly average estimate of -$0.79. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Lilium N.V. surprised analysts by $0.00 when it reported -$0.22 EPS against a consensus estimate of -$0.22. The surprise factor in the prior quarter was $0.01. Based on analyst estimates, the high estimate for the next quarter is -$0.14 and the low estimate is -$0.18. The average estimate for the next quarter is thus -$0.16.
Summary of Insider Activity:
Insiders traded LILM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.