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Arcadium Lithium Plc (ALTM)
NYSE:ALTM
Holding ALTM?
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ALTM Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.19 - $5.73
Previous CloseN/A
Volume76.20M
Average Volume (3M)16.02M
Market Cap
$6.13B
Enterprise Value$4.74B
Total Cash (Recent Filing)$237.60M
Total Debt (Recent Filing)$305.20M
Price to Earnings (P/E)41.3
Beta1.20
Next Earnings
Feb 20, 2025EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.14
Shares Outstanding1,075,630,100
10 Day Avg. Volume24,861,454
30 Day Avg. Volume16,024,112
Standard Deviation0.30
R-Squared0.09
Alpha0.09
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)8.53
Price to Cash Flow (P/CF)-39.10
P/FCF Ratio0.00
Enterprise Value/Market Cap0.77
Enterprise Value/Revenue10.36
Enterprise Value/Gross Profit10.10
Enterprise Value/Ebitda41.25
Forecast
1Y Price Target
$5.85Price Target Upside2.27% Upside
Rating ConsensusHold
Number of Analyst Covering7
Arcadium Lithium Plc News
Bulls Say, Bears Say
Bulls Say
Acquisition BenefitsRio Tinto's acquisition offer for Arcadium at a robust premium and USD6.7bn equity valuation is seen as a solid deal for Arcadium shareholders.
Market ConfidenceThe implied probability of the deal closing is 93%, indicating strong confidence in the acquisition's completion.
Strategic PositioningRio Tinto sees an opportunity to accelerate growth opportunities on Arcadium's asset base at the low end of the cost curve, enhancing ALTM's large upstream growth portfolio with their superior balance sheet.
Bears Say
Financial PerformanceAdjusted EBITDA was 61% below the model and 52% below consensus.
Market SentimentThe rating for Arcadium has been lowered from Strong Buy to Market Perform due to the acquisition.
Operational ChallengesALTM has recently announced the suspension of its Australia hard rock mining operation, which requires more investment.
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Ownership Overview
0.22% Insiders
15.84% Mutual Funds
0.09% Other Institutional Investors
60.84% 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
ALTM FAQ
What was Arcadium Lithium Plc’s price range in the past 12 months?
Arcadium Lithium Plc lowest stock price was $2.19 and its highest was $5.73 in the past 12 months.
What is Arcadium Lithium Plc’s market cap?
Arcadium Lithium Plc’s market cap is $6.13B.
When is Arcadium Lithium Plc’s upcoming earnings report date?
Arcadium Lithium Plc’s upcoming earnings report date is Feb 20, 2025 which is in 30 days.
How were Arcadium Lithium Plc’s earnings last quarter?
Arcadium Lithium Plc released its earnings results on Nov 07, 2024. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.042 by -$0.032.
Is Arcadium Lithium Plc overvalued?
According to Wall Street analysts Arcadium Lithium Plc’s price is currently Undervalued.
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 0.02.
How many shares outstanding does Arcadium Lithium Plc have?
Arcadium Lithium Plc has 1,075,630,100 shares outstanding.
What happened to Arcadium Lithium Plc’s price movement after its last earnings report?
Arcadium Lithium Plc reported an EPS of $0.01 in its last earnings report, missing expectations of $0.042. Following the earnings report the stock price went down -0.372%.
Which hedge fund is a major shareholder of Arcadium Lithium Plc?
Currently, no hedge funds are holding shares in ALTM
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Arcadium Lithium Plc Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$5.85 (2.27% Upside)
$5.85 (2.27% Upside)
Blogger Sentiment
Bullish
ALTM Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 9.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance and strategic initiatives for growth and cost savings. However, it was tempered by challenges such as declining lithium prices, market demand visibility issues, and a strategic slowdown in expansion plans.Read More>---
ALTM Stock 12 Month Forecast
Average Price Target
$5.85
▲(2.27% Upside)
Technical Analysis
Best Analysts Covering ALTM
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+72.22%
reiterated a buy rating 8 days ago
Copying Kaan Peker'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 +72.22% per trade.
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