Livent Corporation [LTHM] moved down -2.78: Why It’s Important

Livent Corporation [NYSE: LTHM] stock went on a downward path that fall over -2.78% on Thursday, amounting to a one-week price increase of more than 2.72%. The company report on January 19, 2023 that Livent Announces Date for Fourth Quarter 2022 Earnings Release and Webcast Conference Call.


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Livent Corporation (NYSE: LTHM) today announced it will release its fourth quarter 2022 earnings on Tuesday, February 14, 2023, after stock market close via PR Newswire and the company’s website at: http://www.livent.com.

The company will subsequently host a webcast conference call on Tuesday, February 14, 2023, at 4:30 p.m. ET that is open to the public via Internet broadcast and conference call.

Over the last 12 months, LTHM stock dropped by -1.14%. The one-year Livent Corporation stock forecast points to a potential upside of 27.6. The average equity rating for LTHM stock is currently 2.40, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $4.19 billion, with 179.30 million shares outstanding and 178.16 million shares in the current float. Compared to the average trading volume of 3.62M shares, LTHM stock reached a trading volume of 4886596 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Livent Corporation [LTHM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LTHM shares is $32.39 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LTHM stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Livent Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 11, 2023. The new note on the price target was released on January 04, 2023, representing the official price target for Livent Corporation stock. Previously, the target price had yet another raise from $30 to $32, while B. Riley Securities kept a Neutral rating on LTHM stock.

The Average True Range (ATR) for Livent Corporation is set at 1.15, with the Price to Sales ratio for LTHM stock in the period of the last 12 months amounting to 5.85. The Price to Book ratio for the last quarter was 3.11, with the Price to Cash per share for the same quarter was set at 1.18. Price to Free Cash Flow for LTHM in the course of the last twelve months was 183.94 with Quick ratio for the last quarter at 2.70.

LTHM Stock Performance Analysis:

Livent Corporation [LTHM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.72. With this latest performance, LTHM shares gained by 5.44% in over the last four-week period, additionally plugging by 3.58% over the last 6 months – not to mention a drop of -1.14% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LTHM stock in for the last two-week period is set at 54.83, with the RSI for the last a single of trading hit 62.35, and the three-weeks RSI is set at 49.97 for Livent Corporation [LTHM]. The present Moving Average for the last 50 days of trading for this stock 24.88, while it was recorded at 23.83 for the last single week of trading, and 26.73 for the last 200 days.

Insight into Livent Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Livent Corporation [LTHM] shares currently have an operating margin of +13.94 and a Gross Margin at +26.52. Livent Corporation’s Net Margin is presently recorded at +0.14.

Return on Equity for this stock inclined to 0.08, with Return on Assets sitting at 0.05.

Livent Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.70 and a Current Ratio set at 3.50.

LTHM Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LTHM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Livent Corporation go to 1.00%.

Livent Corporation [LTHM] Insider Position Details

There are presently around $3,847 million, or 96.10% of LTHM stock, in the hands of institutional investors. The top three institutional holders of LTHM stocks are: BLACKROCK INC. with ownership of 28,159,121, which is approximately 8.293% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 19,659,039 shares of the stock with an approximate value of $461.0 million in LTHM stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $215.52 million in LTHM stock with ownership of nearly 6.761% of the company’s market capitalization.

Positions in Livent Corporation stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 238 institutional holders increased their position in Livent Corporation [NYSE:LTHM] by around 22,068,616 shares. Additionally, 159 investors decreased positions by around 14,857,707 shares, while 73 investors held positions by with 127,106,719 shares. The mentioned changes placed institutional holdings at 164,033,042 shares, according to the latest SEC report filing. LTHM stock had 82 new institutional investments in for a total of 5,026,175 shares, while 38 institutional investors sold positions of 1,368,882 shares during the same period.

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