Lucid Group Stock Today

LCID Stock  USD 2.18  0.01  0.46%   

Performance

0 of 100

 
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Odds Of Distress

Over 72

 
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High
Lucid is trading at 2.18 as of the 1st of December 2024, a 0.46 percent increase since the beginning of the trading day. The stock's lowest day price was 2.14. 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 12th of December 2022 and ending today, the 1st of December 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 293.56 M shares are now shorted by private and institutional investors with about 4.21 trading days to cover. More on Lucid Group

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Lucid Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaCars (View all Themes)
Business ConcentrationAutomobile Manufacturers, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Cars, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.07340.0699
Sufficiently Up
Slightly volatile
Total Current Liabilities570.5 MB
Way Down
Slightly volatile
Non Current Liabilities TotalB2.7 B
Way Down
Slightly volatile
Total Assets5.8 B8.5 B
Way Down
Slightly volatile
Total Current Assets3.8 B4.8 B
Significantly Down
Slightly volatile
Debt Levels
Lucid 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.
Liquidity
Lucid Group currently holds 2.43 B in liabilities with Debt to Equity (D/E) ratio of 0.72, which is about average as compared to similar companies. Lucid Group has a current ratio of 4.94, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Lucid's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(690.91 Million)
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 6.57 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 293.56 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 Allocation
Lucid 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

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
3.8 M
Renaissance Technologies Corp2024-09-30
3.7 M
Citigroup Inc2024-09-30
3.6 M
Legal & General Group Plc2024-06-30
3.3 M
Amvescap Plc.2024-06-30
3.3 M
Coatue Management Llc2024-09-30
M
Bank Of New York Mellon Corp2024-06-30
2.7 M
Nuveen Asset Management, Llc2024-06-30
2.6 M
Healthcare Of Ontario Pension Plan Trust Fund2024-09-30
2.2 M
Public Investment Fund2024-06-30
1.4 B
Vanguard Group Inc2024-09-30
84.1 M
View Lucid Diagnostics

Lucid Historical Income Statement

At present, Lucid's Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 625 M, whereas Interest Expense is forecasted to decline to about 14.4 M. View More Fundamentals

Lucid Stock Against Markets

Lucid Corporate Management

When determining whether Lucid Group is a strong investment it is important to analyze Lucid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lucid's future performance. For an informed investment choice regarding Lucid Stock, refer to the following important reports:
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.