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As of close of business last night, Piedmont Lithium Inc’s stock clocked out at $9.3, down -9.49% from its previous closing price of $10.27. In other words, the price has decreased by -$9.49 from its previous closing price. On the day, 0.86 million shares were traded. PLL stock price reached its highest trading level at $10.1999 during the session, while it also had its lowest trading level at $9.17.
Ratios:
To gain a deeper understanding of PLL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.01.
On November 20, 2024, ROTH MKM Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $32 to $13.
JP Morgan Downgraded its Neutral to Underweight on October 21, 2024, whereas the target price for the stock was revised from $9 to $8.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 10 ’24 when Phillips Keith D. sold 41,867 shares for $12.31 per share. The transaction valued at 515,521 led to the insider holds 170,616 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLL now has a Market Capitalization of 203989008 and an Enterprise Value of 174851712. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 1.664 whereas that against EBITDA is -8.877.
Stock Price History:
The Beta on a monthly basis for PLL is 0.31, which has changed by 0.31100142 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, PLL has reached a high of $15.44, while it has fallen to a 52-week low of $5.15. The 50-Day Moving Average of the stock is 32.51%, while the 200-Day Moving Average is calculated to be 11.19%.
Shares Statistics:
It appears that PLL traded 395.74K shares on average per day over the past three months and 690690 shares per day over the past ten days. A total of 21.95M shares are outstanding, with a floating share count of 21.88M. Insiders hold about 0.31% of the company’s shares, while institutions hold 146.86% stake in the company. Shares short for PLL as of 1753920000 were 2000088 with a Short Ratio of 5.05, compared to 1751241600 on 2085861. Therefore, it implies a Short% of Shares Outstanding of 2000088 and a Short% of Float of 9.25.
Earnings Estimates
The current assessment of Piedmont Lithium Inc (PLL) involves the perspectives of 1.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.91, with high estimates of -$0.91 and low estimates of -$0.91.
Analysts are recommending an EPS of between -$3.39 and -$3.39 for the fiscal current year, implying an average EPS of -$3.39. EPS for the following year is -$2.27, with 2.0 analysts recommending between -$0.98 and -$3.57.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $35.89M. It ranges from a high estimate of $52.98M to a low estimate of $24.71M. As of the current estimate, Piedmont Lithium Inc’s year-ago sales were $42.09MFor the next quarter, 3 analysts are estimating revenue of $38.82M. There is a high estimate of $59.22M for the next quarter, whereas the lowest estimate is $25.29M.
A total of 1 analysts have provided revenue estimates for PLL’s current fiscal year. The highest revenue estimate was $106.01M, while the lowest revenue estimate was $106.01M, resulting in an average revenue estimate of $106.01M. In the same quarter a year ago, actual revenue was $157.48MBased on 3 analysts’ estimates, the company’s revenue will be $172.76M in the next fiscal year. The high estimate is $220.19M and the low estimate is $127.78M.
