Arcadium Lithium plc (ALTM)

NYSE: ALTM · IEX Real-Time Price · USD
4.740
-0.070 (-1.46%)
At close: Feb 26, 2024, 4:00 PM
4.850
+0.110 (2.32%)
Pre-market: Feb 27, 2024, 7:33 AM EST
-1.46%
Market Cap 5.17B
Revenue (ttm) 920.10M
Net Income (ttm) 375.10M
Shares Out 1.07B
EPS (ttm) 0.74
PE Ratio 6.41
Forward PE 13.18
Dividend n/a
Ex-Dividend Date n/a
Volume 7,306,198
Open 4.700
Previous Close 4.810
Day's Range 4.665 - 5.020
52-Week Range 4.150 - 12.128
Beta n/a
Analysts Hold
Price Target 7.34 (+54.85%)
Earnings Date Feb 22, 2024

About ALTM

Arcadium Lithium plc engages in the production of lithium chemicals products for portable electronics, electric cars, and stationary storage facilities. Its lithium production process includes hard-rock mining, conventional pond based brine extraction, direct lithium brine extraction, and lithium chemicals manufacturing. The company's operating resources located in Argentina and Australia and downstream conversion assets in the United States, China, Japan, and the United Kingdom. The company was founded in 1944 and is based in Shannon, Ireland. [Read more]

Sector Materials
Founded 1942
Employees 1,313
Stock Exchange NYSE
Ticker Symbol ALTM
Full Company Profile

Financial Performance

In 2022, ALTM's revenue was $1.21 billion, an increase of 187.30% compared to the previous year's $420.40 million. Earnings were $441.71 million, an increase of 73518.50%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALTM stock is "Hold." The 12-month stock price forecast is $7.34, which is an increase of 54.85% from the latest price.

Price Target
$7.34
(54.85% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Arcadium Lithium Releases Fourth Quarter and Full Year 2023 Results and Provides 2024 Full Year Outlook

PHILADELPHIA and PERTH, Australia , Feb. 22, 2024 /PRNewswire/ -- Merger Between Allkem and Livent Completed on January 4, 2024 Arcadium Lithium 2024 Outlook Highlighted by a 40% Increase in Lithium C...

4 days ago - PRNewsWire

Consider Arcadium Ahead of Lithium Rebound

Lithium prices plummeted more than 80% in 2023 after a record-breaking 2022 in which prices reached all-time highs. Some of the reasons behind the collapse in lithium prices last year include an incre...

7 days ago - GuruFocus

Arcadium Lithium's CEO Paul Graves to Speak at Multiple Upcoming Conferences

PHILADELPHIA and PERTH, Australia , Feb. 19, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today announced that Paul Graves, Chief Executive Officer, will speak ...

7 days ago - PRNewsWire

Top 5 Materials Stocks That Are Set To Fly In Q1 - DuPont de Nemours (NYSE:DD), Arcadium Lithium (NYSE:ALTM)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: DDHGASINHDPLL
27 days ago - Benzinga

Luna Lithium Ltd. Appoints New Director

Vancouver, British Columbia--(Newsfile Corp. - January 29, 2024) - Luna Lithium Ltd. ("Luna Lithium" or the "Company") is pleased to announce the appointment of Erez Ichilov to the Board of Directors.

Other symbols: LICY
4 weeks ago - Newsfile Corp

Arcadium Lithium Announces Date for Fourth Quarter 2023 Earnings Release and Webcast Conference Call

PHILADELPHIA and PERTH, Australia , Jan. 23, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today announced it will release fourth quarter 2023 earnings results o...

4 weeks ago - PRNewsWire

Arcadium Lithium Announces Completion of Merger of Equals between Allkem and Livent

Combination Creates a Leading Global Integrated Lithium Chemicals Producer Key Strengths Leading global lithium chemicals producer with the resources, scale and expertise to meet growing customer and ...

7 weeks ago - PRNewsWire

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...

2 months ago - Market Watch

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...

2 months ago - GlobeNewsWire

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: ...

Other symbols: KIMVYX
2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

2 months ago - Barrons

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...

2 months ago - Reuters

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”).

2 months ago - GlobeNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - Kitco

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 months ago - PRNewsWire

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.

Other symbols: LAACLAC
4 months ago - MarketBeat

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.

4 months ago - Kitco

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 ...

4 months ago - Market Watch

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.

4 months ago - Reuters

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...

4 months ago - PRNewsWire

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.

Other symbols: ALB
4 months ago - Barrons