- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 70.3% when compared to the same quarter one year ago, falling from -$0.62 million to -$1.05 million.
- Net operating cash flow has decreased to -$0.36 million or 28.67% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 61.25%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 100.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, LUCAS ENERGY INC's return on equity significantly trails that of both the industry average and the S&P 500.
- 43.57% is the gross profit margin for LUCAS ENERGY INC which we consider to be strong. Despite the high profit margin, it has decreased significantly from the same period last year. Despite the mixed results of the gross profit margin, LEI's net profit margin of -91.65% significantly underperformed when compared to the industry average.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Energy industry as a whole closed the day up 0.3% versus the S&P 500, which was up 0.3%. Laggards within the Energy industry included Sonde Resources ( SOQ), down 9.5%, Lilis Energy ( LLEX), down 4.7%, WSP Holdings ( WH), down 2.8%, Lucas Energy ( LEI), down 13.3% and FieldPoint Petroleum ( FPP), down 2.9%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: Lucas Energy ( LEI) is one of the companies that pushed the Energy industry lower today. Lucas Energy was down $0.08 (13.3%) to $0.52 on heavy volume. Throughout the day, 350,281 shares of Lucas Energy exchanged hands as compared to its average daily volume of 75,500 shares. The stock ranged in price between $0.52-$0.65 after having opened the day at $0.64 as compared to the previous trading day's close of $0.60. Lucas Energy, Inc. operates as an independent oil and gas company in Texas. Lucas Energy has a market cap of $16.7 million and is part of the basic materials sector. Shares are down 37.8% year-to-date as of the close of trading on Wednesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Lucas Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow and generally disappointing historical performance in the stock itself. Highlights from TheStreet Ratings analysis on LEI go as follows: