ABAT vs. PLL, ATLX, LGO, SND, FEAM, MLM, VMC, TECK, SQM, and SUM
Should you be buying American Battery Technology stock or one of its competitors? The main competitors of American Battery Technology include Piedmont Lithium (PLL), Atlas Lithium (ATLX), Largo (LGO), Smart Sand (SND), 5E Advanced Materials (FEAM), Martin Marietta Materials (MLM), Vulcan Materials (VMC), Teck Resources (TECK), Sociedad Química y Minera de Chile (SQM), and Summit Materials (SUM). These companies are all part of the "mining & quarrying of nonmetallic minerals, except fuels" industry.
Piedmont Lithium (NASDAQ:PLL) and American Battery Technology (NASDAQ:ABAT) are both small-cap basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, earnings, analyst recommendations, community ranking, media sentiment, institutional ownership, dividends, valuation and risk.
52.2% of Piedmont Lithium shares are held by institutional investors. Comparatively, 9.9% of American Battery Technology shares are held by institutional investors. 1.8% of Piedmont Lithium shares are held by insiders. Comparatively, 4.0% of American Battery Technology shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
American Battery Technology has lower revenue, but higher earnings than Piedmont Lithium.
American Battery Technology's return on equity of -8.89% beat Piedmont Lithium's return on equity.
Piedmont Lithium received 206 more outperform votes than American Battery Technology when rated by MarketBeat users. However, 100.00% of users gave American Battery Technology an outperform vote while only 53.35% of users gave Piedmont Lithium an outperform vote.
In the previous week, Piedmont Lithium had 2 more articles in the media than American Battery Technology. MarketBeat recorded 3 mentions for Piedmont Lithium and 1 mentions for American Battery Technology. American Battery Technology's average media sentiment score of 0.98 beat Piedmont Lithium's score of 0.94 indicating that Piedmont Lithium is being referred to more favorably in the media.
Piedmont Lithium presently has a consensus target price of $67.00, suggesting a potential upside of 413.02%. American Battery Technology has a consensus target price of $6.00, suggesting a potential upside of 334.78%. Given American Battery Technology's higher probable upside, analysts plainly believe Piedmont Lithium is more favorable than American Battery Technology.
Summary
Piedmont Lithium beats American Battery Technology on 9 of the 12 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ABAT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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