Livent Corporation (NYSE: LTHM) closed the day trading at $24.47 down -0.37% from the previous closing price of $24.56. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 2215452 shares were traded. LTHM stock price reached its highest trading level at $24.75 during the session, while it also had its lowest trading level at $24.04.
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Ratios:
For a better understanding of LTHM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.86. For the most recent quarter (mrq), Quick Ratio is recorded 2.80 and its Current Ratio is at 4.20. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 19 when Antoniazzi Gilberto sold 3,635 shares for $32.54 per share. The transaction valued at 118,272 led to the insider holds 62,582 shares of the business.
Graves Paul W sold 85,171 shares of LTHM for $2,980,985 on Sep 09. The President and CEO now owns 299,980 shares after completing the transaction at $35.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LTHM now has a Market Capitalization of 3.78B and an Enterprise Value of 3.83B. As of this moment, Livent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.10, and their Forward P/E ratio for the next fiscal year is 10.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.86 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 4.15 whereas that against EBITDA is 9.21.
Stock Price History:
Over the past 52 weeks, LTHM has reached a high of $36.38, while it has fallen to a 52-week low of $18.26. The 50-Day Moving Average of the stock is 22.23, while the 200-Day Moving Average is calculated to be 26.00.
Shares Statistics:
Over the past 3-months, LTHM traded about 3.30M shares per day on average, while over the past 10 days, LTHM traded about 3.86M shares per day. A total of 179.60M shares are outstanding, with a floating share count of 178.16M. Insiders hold about 0.20% of the company’s shares, while institutions hold 96.10% stake in the company. Shares short for LTHM as of Apr 27, 2023 were 29.1M with a Short Ratio of 29.10M, compared to 29.06M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 16.20% and a Short% of Float of 22.42%.
Earnings Estimates
Current recommendations for the stock of the company come from 10 analysts. On average, analysts expect EPS of $0.47 for the current quarter, with a high estimate of $0.54 and a low estimate of $0.41, while EPS last year was $0.37. The consensus estimate for the next quarter is $0.48, with high estimates of $0.56 and low estimates of $0.42.
Analysts are recommending an EPS of between $2.15 and $1.72 for the fiscal current year, implying an average EPS of $2. EPS for the following year is $2.3, with 14 analysts recommending between $2.8 and $1.6.
Revenue Estimates
11 analysts predict $250.59M in revenue for the current quarter. It ranges from a high estimate of $273.4M to a low estimate of $224.7M. As of the current estimate, Livent Corporation’s year-ago sales were $218.7M, an estimated increase of 14.60% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $284.47M, an increase of 12.90% less than the figure of $14.60% in the same quarter last year. There is a high estimate of $306.6M for the next quarter, whereas the lowest estimate is $271M.
A total of 14 analysts have provided revenue estimates for LTHM’s current fiscal year. The highest revenue estimate was $1.12B, while the lowest revenue estimate was $973M, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $813.2M, up 32.30% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.34B in the next fiscal year. The high estimate is $1.66B and the low estimate is $1.04B. The average revenue growth estimate for next year is up 25.00% from the average revenue estimate for this year.
