Is LeddarTech Holdings Inc’s (NASDAQ: LDTC) -10.26% Loss This Week Telling Us Something New?

During the last session, LeddarTech Holdings Inc (NASDAQ:LDTC)’s traded shares were 0.35 million, with the beta value of the company hitting -1.76. The 52-week high for the LDTC share is $4.35, that puts it down -314.29 from that peak though still a striking 79.05% gain since the share price plummeted to a 52-week low of $0.22. The company’s market capitalization is $39.10M, and the average intraday trading volume over the past 10 days was 1.12 million shares, and the average trade volume was 8.09 million shares over the past three months.

LeddarTech Holdings Inc (LDTC) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.00. LDTC has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.35.

LeddarTech Holdings Inc (NASDAQ:LDTC) trade information

The stock’s 5-day price performance is -10.26%, and it has moved by 34.70% in 30 days. Based on these gigs, the overall price performance for the year is -77.07%. The short interest in LeddarTech Holdings Inc (NASDAQ:LDTC) is 33747.0 shares and it means that shorts have 0.15 day(s) to cover.

The consensus price target of analysts on Wall Street is $1, which implies a decrease of -5.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $1 respectively. As a result, LDTC is trading at a premium of 4.76% off the target high and 4.76% off the low.

LeddarTech Holdings Inc (LDTC) estimates and forecasts

Statistics show that LeddarTech Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. LeddarTech Holdings Inc (LDTC) shares have gone up 30.46% during the last six months, with a year-to-date growth rate less than the industry average at 22.58% against 25.80. In the rating firms’ projections, revenue will decrease -16.89% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 901.5k as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.39M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.71M and 1.86M respectively. In this case, analysts expect current quarter sales to shrink by -47.13% and then drop by -24.91% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -1421.05%. While earnings are projected to return 81.36% in 2025.

LDTC Dividends

LeddarTech Holdings Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Data provided on Nov 30, 2024 indicates that Fidelity NASDAQ Composite Index Fund owns about 42.09 shares. This amounts to just over 0.15 percent of the company’s overall shares, with a $44198.0 market value.