This is a Scorecard review, revisiting a past LF0 research call against what actually happened.
Ticker: LAR Rating: Sell Published: 2026-09-06 Checkpoint: 2026-10-06 Entry price: $6.70 Latest price: $5.60 as of 2026-10-05 Stock return since entry: -16.4% Signal return: +16.4% Verdict: Correct so far
This is the 1-month checkpoint for this call. LF0 publishes monthly Scorecard updates through month 6, using the closest available daily close on or before the checkpoint date.
Read the original LF0 analysis
What I Said
- Rated Sell — the stock already discounts a recovery that is not yet visible in cash flow.
- Strongest point: net debt/EBITDA is -4.1x TTM, so cash still exceeds debt.
- Biggest risk: levered free cash flow is -$16.4M TTM, so the business is not self-funding.
- Valuation is mixed: 19.8x forward P/E and 1.41x price/book are not cheap against 0.0% margins.
- I would turn more constructive if Caucha
Peer Comparison
| Company | Return Since Entry |
|---|---|
| LAR (this call) | -16.4% |
| ALB | -17.8% |
| LAC | -14.9% |
| SGML | -7.6% |
| SQM | -12.5% |
Why It’s Working (Or Not)
Entry $6.70, latest $5.60, stock return -16.4%. Verdict: Correct so far.
The September 2026 Cohort
Other directional calls published the same month:
| Ticker | Rating | Entry | Latest | Stock Return | Signal Return | Verdict |
|---|---|---|---|---|---|---|
| ASX | Sell | $41.63 | $47.53 | +14.2% | -14.2% | Incorrect so far |
| TLN | Sell | $294.54 | $331.87 | +12.7% | -12.7% | Incorrect so far |
| RXT | Sell | $3.49 | $3.90 | +11.7% | -11.7% | Incorrect so far |
| ICHR | Sell | $59.42 | $63.33 | +6.6% | -6.6% | Incorrect so far |
| PL | Sell | $16.42 | $17.36 | +5.7% | -5.7% | Incorrect so far |
| SIMO | Sell | $269.00 | $282.45 | +5.0% | -5.0% | Incorrect so far |
| ALAB | Sell | $351.31 | $362.34 | +3.1% | -3.1% | Incorrect so far |
| ATI | Sell | $189.65 | $193.09 | +1.8% | -1.8% | Incorrect so far |
| DOCN | Sell | $136.29 | $137.23 | +0.7% | -0.7% | Incorrect so far |
| CCJ | Sell | $88.07 | $87.47 | -0.7% | +0.7% | Correct so far |
| BORR | Sell | $4.44 | $4.15 | -6.5% | +6.5% | Correct so far |
| CHTR | Sell | $117.55 | $107.77 | -8.3% | +8.3% | Correct so far |
| CUE | Sell | $26.96 | $24.36 | -9.6% | +9.6% | Correct so far |
| ACHR | Sell | $5.26 | $4.72 | -10.3% | +10.3% | Correct so far |
Live LF0 scorecard: The Scorecard | Research Performance dashboard
Past performance does not guarantee future results. Nothing here is investment advice or a recommendation to buy or sell securities. Returns use LF0’s daily-close scorecard methodology.
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