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Arcadium Lithium Plc (ALTM)
NYSE:ALTM
US Market

Arcadium Lithium Plc (ALTM) Stock Price & Analysis

340 Followers

ALTM Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$3.67 - $7.27
Previous Close$3.84
Volume9.10M
Average Volume (3M)11.01M
Market Cap
$4.13B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
Beta-0.54
May 07, 2024
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,074,397,786
10 Day Avg. Volume8,577,791
30 Day Avg. Volume11,007,412
Standard Deviation0.24
R-Squared1.00
Alpha-0.72
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
Price Target Upside82.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9

Bulls Say, Bears Say

Bulls Say
Financial HealthWith a robust cash balance and low free cash burn, the company is well-positioned to navigate through market downturns.
Market PricingThe company is poised to benefit from a potential recovery in spot prices, with a large portion of its future volume not yet priced.
Production ExpansionFinished product volumes are expected to rise significantly due to expansions, signaling growth potential from increased production capacity.
Bears Say
Financial ForecastGuided CY24 adj EBITDA lower scenario of $420M vs $685M MSUSAe, indicating a downward revision in earnings before interest, taxes, depreciation, and amortization.
Market Supply DynamicsConsulting reports indicate oversupply into 2027, suggesting a potential long-term challenge for the company due to market conditions.
Price Target AdjustmentPrice target reduced to $5 from $6 on lower estimates, reflecting a decreased valuation of the company's stock.
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Ownership Overview

0.36%3.61%22.82%73.20%
22.82% Other Institutional Investors
73.20% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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ALTM FAQ

What was Arcadium Lithium Plc’s price range in the past 12 months?
Arcadium Lithium Plc lowest stock price was $3.67 and its highest was $7.27 in the past 12 months.
    What is Arcadium Lithium Plc’s market cap?
    Currently, no data Available
    When is Arcadium Lithium Plc’s upcoming earnings report date?
    Arcadium Lithium Plc’s upcoming earnings report date is May 07, 2024 which is in 12 days.
      How were Arcadium Lithium Plc’s earnings last quarter?
      Arcadium Lithium Plc released its earnings results on Feb 22, 2024. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.278 by $0.062.
        Is Arcadium Lithium Plc overvalued?
        According to Wall Street analysts Arcadium Lithium Plc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Arcadium Lithium Plc pay dividends?
          Arcadium Lithium Plc does not currently pay dividends.
          What is Arcadium Lithium Plc’s EPS estimate?
          Arcadium Lithium Plc’s EPS estimate is $0.04.
            How many shares outstanding does Arcadium Lithium Plc have?
            Arcadium Lithium Plc has 1,074,397,800 shares outstanding.
              What happened to Arcadium Lithium Plc’s price movement after its last earnings report?
              Arcadium Lithium Plc reported an EPS of $0.34 in its last earnings report, beating expectations of $0.278. Following the earnings report the stock price went up 3.441%.
                Which hedge fund is a major shareholder of Arcadium Lithium Plc?
                Currently, no hedge funds are holding shares in ALTM
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                Company Description

                Arcadium Lithium Plc

                Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, 'Arcadium Lithium') today announced the completion of the all-stock merger of equals between Allkem and Livent. The new, combined company is a leading global lithium chemicals producer committed to safely and responsibly harnessing the power of lithium to improve people's livesand accelerate the transition to a clean energy future. With roughly U.S.$1.9 billionof combined total revenue in 2022 and a global team of more than 2,600 employees, Arcadium Lithium is one of the largest integrated producers of lithium chemicals in the world.
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                ALTM Company Deck

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                ALTM Earnings Call

                Q4 2024
                0:00 / 0:00
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                ALTM Stock 12 Months Forecast

                Average Price Target

                $7.19
                ▲(82.49% Upside)
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                Best Analysts Covering ALTM

                1 Year
                Charles NeivertPiper Sandler
                1 Year Success Rate
                2/2 ratings generated profit
                100%
                1 Year Average Return
                +17.95%
                reiterated a sell rating 2 months ago
                Copying Charles Neivert's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +17.95% per trade.
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