Crispr Therapeutics shares tumble after significant earnings miss
In a challenging market environment, LVWR stock has reached a 52-week low, trading at $1.9, with InvestingPro data showing a concerning current ratio of 3.29 despite holding more cash than debt on its balance sheet. This price level reflects a significant downturn for the company, which has seen its stock value erode over the past year. Investors have been cautious, with InvestingPro analysis indicating the stock is currently undervalued, though facing challenges with negative EBITDA of -$96.66M and weak gross profit margins. According to InvestingPro Tips, the company is quickly burning through cash, and analysts don’t anticipate profitability this year. This substantial drop underscores the broader headwinds facing the sector and raises concerns about the company’s near-term prospects. As LVWR grapples with these market conditions, stakeholders are closely monitoring its performance for signs of stabilization or further volatility. Discover 11 more exclusive InvestingPro Tips and comprehensive analysis in the Pro Research Report, available with an InvestingPro subscription.
In other recent news, Harley-Davidson (NYSE:HOG) reported its fourth-quarter earnings for 2024, revealing an 11% decline in consolidated revenue to $5.2 billion and a 47% decrease in operating income compared to the previous year. Despite these challenges, Harley-Davidson managed to increase its operating cash flow by 39% to $1.1 billion, highlighting effective cash management strategies. The company has projected flat retail sales and aims to maintain a stable operating margin for 2025, with a long-term goal of reaching a 15% operating margin by 2026. Meanwhile, LiveWire Group announced the appointment of KPMG as its new auditor, replacing Ernst & Young LLP. The decision followed a comprehensive selection process, with KPMG taking over auditing responsibilities for the fiscal year ending December 31, 2025. Additionally, LiveWire concluded 2024 with an operating loss of $110 million, though its global retail performance grew by 46% year over year in the electric motorcycles segment. The company expects to reduce its total cash used by operating and investing activities by about 40% in 2025. These are some of the recent developments concerning Harley-Davidson and LiveWire Group.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.