Livent Corporation (LTHM)
| Market Cap | 3.23B |
| Revenue (ttm) | 920.10M |
| Net Income (ttm) | 375.10M |
| Shares Out | 179.81M |
| EPS (ttm) | 1.80 |
| PE Ratio | 9.99 |
| Forward PE | 10.09 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 38,907,202 |
| Open | 18.40 |
| Previous Close | 18.56 |
| Day's Range | 17.82 - 18.55 |
| 52-Week Range | 12.76 - 29.18 |
| Beta | 1.77 |
| Analysts | Buy |
| Price Target | 24.18 (+34.48%) |
| Earnings Date | Feb 13, 2024 |
About LTHM
Livent Corporation manufactures and sells performance lithium compounds primarily used in lithium-based batteries, specialty polymers, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers lithium compounds for use in applications that have specific performance requirements, including battery-grade lithium hydroxide for use in high performance lithium-ion batteries; and butyllithium, which is used in the production of polymers and pharmaceutical products, a... [Read more]
Financial Performance
In 2022, Livent's revenue was $813.20 million, an increase of 93.43% compared to the previous year's $420.40 million. Earnings were $273.50 million, an increase of 45483.33%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for LTHM stock is "Buy." The 12-month stock price forecast is $24.18, which is an increase of 34.48% from the latest price.
News
20 favorite small-cap stocks for 2024 among Wall Street analysts
The 2023 stock-market rally has been led by the “Magnificent Seven” companies, which have driven an accelerating upward trend for the large-cap benchmark S&P 500. Shares of smaller and medium-sized co...
Livent Stockholders vote to approve the Transaction
BRISBANE, Australia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Allkem Limited (ASX and TSX: AKE, “Allkem”) refers to the proposed merger of equals between Allkem and Livent Corporation (“Livent”), (“Transacti...
Livent Set to Join S&P MidCap 400; NCR Voyix and Rush Enterprises to Join S&P SmallCap 600
NEW YORK , Dec. 19, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Tuesday, January 2: ...
Livent and Allkem Shareholders Approve Merger of Equals
PHILADELPHIA , Dec. 19, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM, "Livent") and Allkem Limited (ASX|TSX: AKE, "Allkem") announced that they have obtained all requisite shareholder approvals...
Livent and Allkem Merger Wrapping Up
Allkem said more than 70% of its shareholders voted to combine with Livent to make a top-four global lithium producer.
Allkem shareholders approve $10.6 billion Livent lithium merger
SYDNEY, Dec 19 (Reuters) - Investors in Australian lithium producer Allkem (AKE.AX) voted on Tuesday to accept a $10.6 billion merger offer from U.S. giant Livent (LTHM.N) that would create one of the...
Allkem Shareholders vote in favour of merger with Livent
BRISBANE, Australia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Allkem Limited (ASX: AKE, “Allkem”) refers to the proposed merger of equals between Allkem and Livent Corporation (“Livent”), (“Transaction”).
LIVENT INVESTS IN ILiAD TECHNOLOGIES TO STRENGTHEN LEADERSHIP IN DIRECT LITHIUM EXTRACTION PRODUCTION PROCESSES
ILiAD to be Licensed and Deployed at Livent's Resource in Argentina SAN DIEGO , Dec. 14, 2023 /PRNewswire/ -- Today, ILiAD Technologies, LLC and Livent Corporation (NYSE:LTHM) announced an agreement w...
Livent's Gilberto Antoniazzi to Speak at Deutsche Bank Lithium Battery Supply Chain Conference
PHILADELPHIA , Nov. 28, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced that Gilberto Antoniazzi, chief financial officer, will speak at Deutsche Bank's 8th Annual Lithium Battery...
Livent Announces Special Meeting Date to Vote on Pending Merger of Equals with Allkem; Form S-4 Registration Statement Declared Effective
PHILADELPHIA , Nov. 20, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM, "Livent") announced that its special meeting of stockholders will be held virtually via webcast on Tuesday December 19, 202...
Lithium producers Allkem and Livent secure all required regulatory approvals to close merger
(Kitco News) - Allkem and Livent are targeting closing of the transaction on January 4, 2024.
Allkem and Livent Receive All Required Regulatory Approvals Globally to Close Merger of Equals
PHILADELPHIA , Nov. 14, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) announced that Arcadium Lithium plc ("NewCo"), the new holding company of the combined group that will result from the prop...
3 lithium stocks at rock bottom prices for EV believers
Lithium is the key element required for electric vehicle (EV) batteries. As demand for EVs grows, so does the need for battery-grade lithium.
Lithium producer Livent increases net income in Q3 y-o-y, trims revenue and adjusted EBITDA guidance
(Kitco News) - On Tuesday, lithium producer Livent (NYSE: LTHM) announced that its Q3 2023 revenue was $211.4 million, 10% lower than Q2 2023 and 9% higher than Q3 2022.
Livent stock drops after miner lowers outlook for the year
Shares of Livent Corp. LTHM, -0.34% dropped more than 4% in the extended session Tuesday after the lithium-ore miner missed Wall Street expectations for its third quarter and lowered its guidance for ...
Livent quarterly profit up 13%, cuts forecast on flat lithium sales
Lithium producer Livent Corp posted a 13% increase in quarterly profit on Tuesday but cut its annual revenue and earnings forecast, citing sluggish sales volumes thus far this year.
Livent Releases Third Quarter 2023 Results
PHILADELPHIA , Oct. 31, 2023 /PRNewswire/ -- -- Reports Higher Adjusted EBITDA Versus Prior Year -- -- Merger of Equals with Allkem Remains on Track to Close Around Year End -- -- Releases Feasibility...
Lithium Stocks Albemarle, Livent Catch Downgrades. Weaker EV Demand Is One Reason.
Piper Sandler analyst Charles Neivert downgraded both Albemarle and Livent stock to Hold from Buy, and slashed his price targets.
Livent Announces Date for Third Quarter 2023 Earnings Release and Webcast Conference Call
PHILADELPHIA , Oct. 9, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced it will release its third quarter 2023 earnings on Tuesday, October 31, 2023, after stock market close via P...
Update in relation to merger with Livent Corporation - revised
BRISBANE, Australia, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Allkem Limited (ASX: AKE, “Allkem” or the “Company”) provides an update in relation to the proposed merger of equals between Allkem and Livent C...
Update in relation to merger with Livent Corporation
BRISBANE, Australia, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Allkem Limited (ASX: AKE, “Allkem” or the “Company”) provides an update in relation to the proposed merger of equals between Allkem and Livent C...
EV Sales Are Doing Great. Here's Why Lithium Stocks Aren't.
Evercore ISI analyst Stephen Richardson explained by shares of lithium makers aren't doing better even though the metal's essential to batteries of electric vehicles.
Allkem confirms material growth profile underpinned by 40 Mt Resource
BRISBANE, Australia, Sept. 24, 2023 (GLOBE NEWSWIRE) -- Allkem Limited (ASX: AKE, “Allkem” or the “Company”) has reviewed and updated technical studies for the Olaroz, Sal de Vida, Cauchari, James Bay...
EOG and Livent Have Pleasingly Plump Profit Margins
A look at companies with unusually large profit margins.
