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NYSE:ALTM

Arcadium Lithium (ALTM) Stock Price, News & Analysis

Arcadium Lithium logo
$5.28 0.00 (0.00%)
(As of 11/22/2024 ET)

About Arcadium Lithium Stock (NYSE:ALTM)

Key Stats

Today's Range
$5.23
$5.31
50-Day Range
$2.45
$5.56
52-Week Range
$2.19
$18.77
Volume
7.37 million shs
Average Volume
15.42 million shs
Market Capitalization
$5.68 billion
P/E Ratio
19.57
Dividend Yield
N/A
Price Target
$11.00
Consensus Rating
Hold

Company Overview

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 and is based in Shannon, Ireland.

Arcadium Lithium Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
65th Percentile Overall Score

ALTM MarketRank™: 

Arcadium Lithium scored higher than 65% of companies evaluated by MarketBeat, and ranked 101st out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Arcadium Lithium has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 9 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Arcadium Lithium has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Arcadium Lithium's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Arcadium Lithium is 19.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Arcadium Lithium is 19.57, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 113.41.

  • Percentage of Shares Shorted

    6.21% of the float of Arcadium Lithium has been sold short.
  • Short Interest Ratio / Days to Cover

    Arcadium Lithium has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Arcadium Lithium has recently decreased by 15.63%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Arcadium Lithium does not currently pay a dividend.

  • Dividend Growth

    Arcadium Lithium does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Arcadium Lithium is 2,222.22%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Arcadium Lithium's dividend.
  • Percentage of Shares Shorted

    6.21% of the float of Arcadium Lithium has been sold short.
  • Short Interest Ratio / Days to Cover

    Arcadium Lithium has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Arcadium Lithium has recently decreased by 15.63%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Arcadium Lithium has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Arcadium Lithium this week, compared to 3 articles on an average week.
  • Search Interest

    Only 11 people have searched for ALTM on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
  • MarketBeat Follows

    Only 8 people have added Arcadium Lithium to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Arcadium Lithium insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.39% of the stock of Arcadium Lithium is held by insiders.

  • Percentage Held by Institutions

    Only 27.00% of the stock of Arcadium Lithium is held by institutions.

  • Read more about Arcadium Lithium's insider trading history.
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ALTM Stock News Headlines

GM General Motors lithium
GM’s Lithium Americas Deal Positions It for EV Dominance (ALTM)
GM has invested heavily in a joint venture with Lithium Americas in a bid to secure a domestic battery-grade lithium supply chain.
Arcadium Lithium approves executive bonuses
Missed Nvidia? Watch this ASAP
This little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrough so advanced, it’s going to make ChatGPT look like VHS. But what’s even more unbelievable? I believe it’ll make Nvidia’s meteoric rise look like a backyard bottle rocket.
Arcadium Lithium Secures Leadership Amidst Rio Tinto Deal
Arcadium Lithium (NYSE:ALTM) Stock Rating Lowered by Scotiabank
Arcadium Lithium (NYSE:ALTM) Lowered to "Hold" Rating by B. Riley
See More Headlines

ALTM Stock Analysis - Frequently Asked Questions

Arcadium Lithium's stock was trading at $6.82 on January 1st, 2024. Since then, ALTM stock has decreased by 22.5% and is now trading at $5.2850.
View the best growth stocks for 2024 here
.

Arcadium Lithium plc (NYSE:ALTM) announced its earnings results on Thursday, November, 7th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.04. The business had revenue of $203.10 million for the quarter, compared to analyst estimates of $263.14 million.

Shares of ALTM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Arcadium Lithium investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Chevron (CVX), Visa (V) and Netflix (NFLX).

Company Calendar

Last Earnings
11/07/2024
Today
11/22/2024

Industry, Sector and Symbol

Industry
Specialty Chemicals
Sub-Industry
Chemicals
Fax
N/A
Employees
1,470
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$11.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+108.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
9 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.21 billion

Miscellaneous

Outstanding Shares
1,075,630,000
Free Float
N/A
Market Cap
$5.68 billion
Optionable
N/A
Beta
1.48
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This page (NYSE:ALTM) was last updated on 11/23/2024 by MarketBeat.com Staff
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