Arcadium Lithium plc (ALTM)
| Market Cap | 4.17B |
| Revenue (ttm) | 882.50M |
| Net Income (ttm) | 330.10M |
| Shares Out | 1.07B |
| EPS (ttm) | 1.58 |
| PE Ratio | 2.46 |
| Forward PE | 15.98 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,304,961 |
| Open | 3.970 |
| Previous Close | 3.970 |
| Day's Range | 3.880 - 4.110 |
| 52-Week Range | 3.670 - 12.128 |
| Beta | 1.86 |
| Analysts | Hold |
| Price Target | 7.06 (+81.96%) |
| Earnings Date | May 7, 2024 |
About ALTM
Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications. The company also owns interest in various properties located in Argentina, Canada, and Western Australia. Arcadium Lithium plc was founded in 1944... [Read more]
Financial Performance
In 2023, ALTM's revenue was $882.50 million, an increase of 8.52% compared to the previous year's $813.20 million. Earnings were $330.10 million, an increase of 20.69%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for ALTM stock is "Hold." The 12-month stock price forecast is $7.06, which is an increase of 81.96% from the latest price.
News
Arcadium Lithium Announces Date for First Quarter 2024 Earnings Release and Webcast Conference Call
PHILADELPHIA and PERTH, Australia, April 11, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today announced it will release first quarter 2024 earnings results on...
Arcadium Lithium Responds to Provincial Court Ruling in Argentina
PHILADELPHIA and PERTH, Australia , March 15, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today released the following statement in response to a recent court ...
Top 3 Materials Stocks That Are Preparing To Pump This quarter - Arcadium Lithium (NYSE:ALTM), Lifezone Metals (NYSE:LZM)
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
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...
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...
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 ...
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.
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.
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...
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 ...
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...
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...
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.