LiveWire Group (NYSE:LVWR) Releases Earnings Results

LiveWire Group (NYSE:LVWR) issued its earnings results on Tuesday. The company reported ($0.09) EPS for the quarter, Zacks reports. LiveWire Group had a negative net margin of 292.59% and a negative return on equity of 105.53%.

LiveWire Group Trading Up 8.4%

LVWR stock traded up $0.14 during mid-day trading on Tuesday, hitting $1.81. 77,363 shares of the company were exchanged, compared to its average volume of 220,753. The company has a quick ratio of 3.95, a current ratio of 4.63 and a debt-to-equity ratio of 1.61. The firm has a market capitalization of $369.86 million, a P/E ratio of -4.92 and a beta of 1.78. The business has a fifty day simple moving average of $1.70 and a 200-day simple moving average of $3.20. LiveWire Group has a 12-month low of $0.93 and a 12-month high of $9.04.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. boosted its stake in LiveWire Group by 82.0% during the third quarter. Russell Investments Group Ltd. now owns 6,751 shares of the company’s stock worth $32,000 after buying an additional 3,042 shares during the period. Rhumbline Advisers boosted its stake in shares of LiveWire Group by 21.9% in the first quarter. Rhumbline Advisers now owns 17,655 shares of the company’s stock valued at $35,000 after purchasing an additional 3,167 shares during the period. Barclays PLC boosted its stake in shares of LiveWire Group by 9.0% in the fourth quarter. Barclays PLC now owns 57,312 shares of the company’s stock valued at $253,000 after purchasing an additional 4,750 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of LiveWire Group by 117.6% in the third quarter. BNP Paribas Financial Markets now owns 9,363 shares of the company’s stock valued at $44,000 after purchasing an additional 5,060 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of LiveWire Group by 119.5% in the second quarter. Tower Research Capital LLC TRC now owns 10,676 shares of the company’s stock valued at $49,000 after purchasing an additional 5,812 shares during the period. Hedge funds and other institutional investors own 0.88% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LiveWire Group in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, LiveWire Group has a consensus rating of “Sell”.

About LiveWire Group

LiveWire Group Inc (NYSE: LVWR) is an independent electric vehicle manufacturer specializing in high-performance two-wheelers and innovative urban mobility solutions. Established as a wholly owned subsidiary of Harley-Davidson Inc in 2018, the company was spun off in September 2022 following a merger with a special-purpose acquisition company, commencing trading as LiveWire Group. Since then, LiveWire has focused on scaling its core electric motorcycle business and developing a new generation of connected, battery-powered vehicles.

LiveWire’s product lineup is anchored by its first production model, the LiveWire One, known for its rapid acceleration, long-range battery architecture and integrated connectivity features.