Lucid Diagnostics Inc (NASDAQ: LUCD) Is Likely To Grow By 29.78% Or More

During the last session, Lucid Diagnostics Inc (NASDAQ:LUCD)’s traded shares were 0.69 million, with the beta value of the company hitting 1.25. At the end of the trading day, the stock’s price was $1.58, reflecting an intraday loss of -0.63% or -$0.01. The 52-week high for the LUCD share is $1.63, that puts it down -3.16 from that peak though still a striking 60.13% gain since the share price plummeted to a 52-week low of $0.63. The company’s market capitalization is $137.23M, and the average intraday trading volume over the past 10 days was 0.96 million shares, and the average trade volume was 644.15K shares over the past three months.

Lucid Diagnostics Inc (LUCD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. LUCD has a Sell rating from 1 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 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 -0.13.

Lucid Diagnostics Inc (NASDAQ:LUCD) trade information

Lucid Diagnostics Inc (LUCD) registered a -0.63% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.63% in intraday trading to $1.58, hitting a weekly high. The stock’s 5-day price performance is 3.95%, and it has moved by 5.33% in 30 days. Based on these gigs, the overall price performance for the year is 59.60%. The short interest in Lucid Diagnostics Inc (NASDAQ:LUCD) is 1.22 million shares and it means that shorts have 1.47 day(s) to cover.

The consensus price target of analysts on Wall Street is $2.25, which implies an increase of 29.78% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $2.5 respectively. As a result, LUCD is trading at a discount of -58.23% off the target high and -26.58% off the low.

Lucid Diagnostics Inc (LUCD) estimates and forecasts

In the rating firms’ projections, revenue will increase 111.78% 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 1.3M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 1.56M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1M and 976k respectively. In this case, analysts expect current quarter sales to grow by 29.59% and then jump by 59.73% 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 -54.43%. While earnings are projected to return 29.75% in 2025, the next five years will return 40.08% per annum.

LUCD Dividends

Lucid Diagnostics Inc is due to release its next quarterly earnings on 2025-Mar-23. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Lucid Diagnostics Inc (NASDAQ:LUCD)’s Major holders

Lucid Diagnostics Inc insiders own 41.72% of total outstanding shares while institutional holders control 4.97%, with the float percentage being 8.53%. LUMINUS MANAGEMENT LLC is the largest shareholder of the company, while 37.0 institutions own stock in it. As of 2024-06-30, the company held over 0.73 million shares (or 1.6124% of all shares), a total value of $0.6 million in shares.

The next largest institutional holding, with 0.56 million shares, is of VANGUARD GROUP INC’s that is approximately 1.2461% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.46 million.

Also, the Mutual Funds coming in first place with the largest holdings of Lucid Diagnostics Inc (LUCD) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 366.92 shares. This amounts to just over 0.40 percent of the company’s overall shares, with a $0.58 million market value. The same data shows that the other fund manager holds slightly less at 193.99, or about 0.21% of the stock, which is worth about $0.31 million.