In the last three months, 4 analysts have published ratings on Arcadium Lithium (NYSE:ALTM), offering a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $8.32, a high estimate of $11.00, and a low estimate of $7.00. Experiencing a 72.27% decline, the current average is now lower than the previous average price target of $30.00.
Exploring Analyst Ratings: An In-Depth Overview
A clear picture of Arcadium Lithium's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Austin Yun | Macquarie | Announces | Outperform | $7.30 | - |
| Joel Jackson | BMO Capital | Announces | Market Perform | $7.00 | - |
| Kevin McCarthy | Vertical Research | Announces | Hold | $8.00 | - |
| Pavel Molchanov | Raymond James | Lowers | Outperform | $11.00 | $30.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Arcadium Lithium. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Arcadium Lithium compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Arcadium Lithium's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Arcadium Lithium's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Arcadium Lithium analyst ratings.
About Arcadium Lithium
Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
Arcadium Lithium: A Financial Overview
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Arcadium Lithium's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -8.72% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Arcadium Lithium's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 41.34%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Arcadium Lithium's ROE stands out, surpassing industry averages. With an impressive ROE of 5.15%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Arcadium Lithium's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.76% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.14.
Analyst Ratings: What Are They?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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