Lucid Group Stock Today
| LCID Stock | USD 2.17 0.04 1.88% |
Performance0 of 100
| Odds Of DistressOver 71
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Lucid is trading at 2.17 as of the 28th of November 2024, a 1.88 percent increase since the beginning of the trading day. The stock's lowest day price was 2.11. Lucid has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Lucid Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 18th of September 2020 | Category Consumer Cyclical | Classification Consumer Discretionary |
Lucid Group, Inc. a technology and automotive company, develops electric vehicle technologies. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California. Lucid operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. The company has 3.01 B outstanding shares of which 271.68 M shares are now shorted by private and institutional investors with about 4.21 trading days to cover. More on Lucid Group
Moving against Lucid Stock
Lucid Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Thematic Idea | Cars (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automobile Manufacturers, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Cars, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsLucid can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lucid's financial leverage. It provides some insight into what part of Lucid's total assets is financed by creditors.
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Lucid Group (LCID) is traded on NASDAQ Exchange in USA. It is located in 7373 Gateway Boulevard, Newark, CA, United States, 94560 and employs 6,500 people. Lucid is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.43 B. Lucid Group conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 3.01 B outstanding shares of which 271.68 M shares are now shorted by private and institutional investors with about 4.21 trading days to cover.
Lucid Group currently holds about 3.34 B in cash with (2.49 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99.
Check Lucid Probability Of Bankruptcy
Ownership AllocationLucid Group maintains a total of 3.01 Billion outstanding shares. The majority of Lucid outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Lucid Group to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Lucid Group. Please pay attention to any change in the institutional holdings of Lucid as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lucid Ownership Details
Lucid Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 3.8 M | |
| Renaissance Technologies Corp | 2024-09-30 | 3.7 M | |
| Citigroup Inc | 2024-09-30 | 3.6 M | |
| Legal & General Group Plc | 2024-06-30 | 3.3 M | |
| Amvescap Plc. | 2024-06-30 | 3.3 M | |
| Coatue Management Llc | 2024-09-30 | 3 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 2.7 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 2.6 M | |
| Healthcare Of Ontario Pension Plan Trust Fund | 2024-09-30 | 2.2 M | |
| Public Investment Fund | 2024-06-30 | 1.4 B | |
| Vanguard Group Inc | 2024-09-30 | 84.1 M |
Lucid Historical Income Statement
Lucid Stock Against Markets
Lucid Corporate Management
| Gagan Dhingra | VP Officer | Profile | |
| Peter Rawlinson | CTO CEO | Profile | |
| Gale Halsey | Senior People | Profile | |
| Eric Bach | Senior Engineer | Profile | |
| Zak Edson | Vice Service | Profile | |
| Sherry CPA | Chief Officer | Profile | |
| Matt Everitt | General Counsel | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucid Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lucid. If investors know Lucid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lucid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.33) | Revenue Per Share 0.317 | Quarterly Revenue Growth 0.452 | Return On Assets (0.22) | Return On Equity (0.65) |
The market value of Lucid Group is measured differently than its book value, which is the value of Lucid that is recorded on the company's balance sheet. Investors also form their own opinion of Lucid's value that differs from its market value or its book value, called intrinsic value, which is Lucid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lucid's market value can be influenced by many factors that don't directly affect Lucid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lucid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.