Boeing secures $883 million Army contract for cargo support services
In a stark reflection of the ongoing market tribulations, LVWR stock has tumbled to its 52-week low, with shares dropping to a concerning $1.71. According to InvestingPro data, the company’s financial health score stands at a weak 1.21, with particularly concerning metrics in profitability and price momentum. This significant downturn marks a precipitous decline for the company, which has seen its stock value erode by an alarming 73.04% over the past year. While the company maintains a healthy current ratio of 3.29 and holds more cash than debt, InvestingPro analysis reveals concerning fundamentals, including a negative EBITDA of -$96.66M and a substantial revenue decline of nearly 30% in the last twelve months. Investors have been closely monitoring LVWR’s performance, as the company grapples with both industry-specific hurdles and broader economic headwinds that have contributed to its current valuation struggles. The 52-week low serves as a critical indicator for market watchers and shareholders alike, who are now keenly aware of the challenges LVWR must overcome to regain its footing in an increasingly competitive landscape. For a deeper understanding of LVWR’s position and potential, investors can access comprehensive analysis and 13 additional ProTips through InvestingPro’s detailed research reports.
In other recent news, Harley-Davidson (NYSE:HOG) reported a decline in its fourth-quarter revenue for 2024, with a consolidated revenue drop of 11% to $5.2 billion. The company’s operating income also fell by 47% year-over-year, reflecting broader challenges in the motorcycle industry. Despite these setbacks, Harley-Davidson managed to increase its operating cash flow by 39% to $1.1 billion, highlighting effective cash management strategies. For 2025, the company projects flat retail sales and aims to maintain a stable operating margin.
Meanwhile, LiveWire, a subsidiary of Harley-Davidson, concluded 2024 with an operating loss of $110 million, though its global retail performance in electric motorcycles grew by 46% year-over-year. The company plans to reduce its 2025 total cash usage by operating and investing activities by about 40%, targeting $60 million or less. In another development, LiveWire Group appointed KPMG as its new auditor, replacing Ernst & Young, effective for the fiscal year ending December 31, 2025. This change follows a comprehensive selection process, as stated in the company’s recent SEC filing.
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