Last Updated: 14 Sep 2024
Executive Summary
LiveWire Group Inc. (LVWR) is a manufacturer of electric motorcycles. The company has been facing headwinds in recent quarters, with declining revenue and widening losses. However, the stock price has been relatively resilient, trading above its 50-day moving average. Analysts are mixed on the stock, with one analyst rating it a hold. The latest stock price is $7.04.
Company Overview
LiveWire Group Inc. is headquartered in Milwaukee, Wisconsin. The company was founded in 2019 and is a subsidiary of Harley-Davidson. LiveWire manufactures electric motorcycles in the North America, Europe/Middle East/Africa, and Asia Pacific regions. The company's motorcycles are sold through a network of dealerships and distributors.
Fundamental Analysis
LiveWire Group Inc.'s financial performance has been weak in recent quarters. The company's revenue declined by 8.2% in the latest quarter, and its losses widened. The company's gross margin also declined, from 10.4% in the prior-year quarter to 8.4% in the latest quarter.
LiveWire Group Inc.'s financial ratios are also weak. The company's price-to-sales ratio is 41.28, which is well above the industry average of 1.54. The company's price-to-book ratio is 9.0, which is also above the industry average of 1.67.
Technical Analysis
LiveWire Group Inc.'s stock price has been trading above its 50-day moving average in recent weeks. The stock price is currently trading at $7.04, which is below its 52-week high of $12.04. The stock's relative strength index (RSI) is 48.87, which indicates that the stock is neither overbought nor oversold.
Short Term Outlook
LiveWire Group Inc.'s short-term outlook is uncertain. The company's financial performance has been weak, and its stock price has been volatile. The stock's technical indicators are mixed, with the RSI indicating that the stock is neither overbought nor oversold.
Long Term Outlook
LiveWire Group Inc.'s long-term outlook is also uncertain. The company is facing competition from a number of well-established electric motorcycle manufacturers. The company's financial performance will need to improve in order for the stock to perform well over the long term.
Analyst Recommendations
Analysts are mixed on LiveWire Group Inc. One analyst rates the stock a hold. The analyst believes that the company's financial performance is weak, but that the stock's technical indicators are mixed. The analyst recommends that investors wait for the company's financial performance to improve before buying the stock.
