Laes profitable
8/27/2024 11:38pm
Laes Corporation (LAES) is not currently a profitable investment based on the available financial data.
1. **Financial Performance**: LAES has not reported a net income or revenue for the latest quarter, which is a prerequisite for assessing profitability. Additionally, the company's net income growth rate and revenue growth rate are not provided, making it difficult to gauge the trend in earnings.
2. **Profitability Metrics**: The Return on Equity (ROE) and Return on Assets (ROA) are significantly negative, indicating that the company is not generating profits relative to its shareholders' equity and total assets, respectively. A negative ROIC suggests that the company is not efficiently using its capital to generate profits.
3. **Analyst Price Targets**: The average analyst price target for LAES is $3.06, with a low forecast of $3.03 and a high forecast of $3.15. This suggests that analysts do not see a significant upside in the stock's price, which could be reflective of the company's perceived lack of profitability.
4. **Profitability Rank**: LAES has a profitability rank of 2, indicating that it has had trouble making a profit. This rank is based on factors such as operating margin, Piotroski F-Score, and the trend of the operating margin, which all point to challenges in generating profits.
In conclusion, LAES does not exhibit the characteristics of a safe investment based on its negative profitability metrics, lack of reported earnings, and analyst price targets that do not suggest a strong upside. Potential investors should exercise caution and consider these factors before making an investment decision.