Livent Corporation (LTHM): What Does Valuation Ratios Tell Us?

Livent Corporation (NYSE:LTHM) saw an upside of 4.03% to close Monday at $24.02 after adding $0.93 on the day. The 5-day average trading volume is 2,035,760 shares of the company’s common stock. It has gained $24.58 in the past week. An average of 2,822,500 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,064,958.

LTHM’s 1-month performance is -4.98% or -$1.26 on its low of $22.24 reached on 10/01/21. The company’s shares have touched a 52-week low of $9.88 and high of $27.27, with the stock’s rally to the 52-week high happening on 08/13/21. YTD, LTHM has achieved 27.49% or $5.18. However, the current price is down -11.93%% from the 52-week high price.


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Insider Transactions

On Feb 18, 236 days have gone by since the last insider trading activity for Livent Corporation (LTHM). Graves Paul W (President and CEO) most recently sold 3,715 shares at $20.59 per share on Feb 18. This transaction cost the insider $76,492. President and CEO, Graves Paul W, sold 4,991 shares at a price of $22.09 on Jan 08.

Valuation Metrics

Livent Corporation (LTHM) has a trailing price-to-earnings (P/E) ratio of 17.00 for the broader industry and 13.47 for the sector. The company’s PE ratio for the last five years has touched a high of 87.26 and a low of 8.149. LTHM stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 11.51 while the price-to-book (PB) in the most recent quarter is 4.48.

Livent Corporation’s quick ratio for the period ended June 29 was 4.30, with the current ratio over the same period at 5.60 meaning that LTHM stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.30, while the total debt to equity was 0.30. In terms of profitability, the gross margin trailing 12 months is 14.70%. The trailing 12-month EBITDA margin is 11.66% while for the period ending June 29; Livent Corporation’s operating margin was -2.90%. The firm’s gross profit as reported stood at $36.8 million against revenue of $288.2 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 36.5% to $102.2 million, while revenue of $91.7 million was 10.27% off the previous quarter. Analysts expected LTHM to announce $0.02 per share in earnings in its latest quarter, but it posted $0.04, representing a 100.00% surprise. EBITDA for the quarter stood at more than $11.7 million. LTHM stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 355.4 million, with total debt at $246.6 million. Shareholders hold equity totaling $161.54 million

Technical Picture

Let’s look briefly at Livent Corporation (LTHM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 52.97% to suggest the stock is trending Neutral, with historical volatility in this time period at 44.27%.

The stock’s 5-day moving average is $23.54, reflecting a +5.30% or $1.21 change from its current price. LTHM is currently trading -2.44% above its 20-day SMA, +37.81% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +23.12% and +25.17% respectively.

Stochastic %K and %D was 49.77% and 42.50% and the average true range (ATR) pointed at 1.17. The RSI (14) points at 51.51%, while the 14-day stochastic is at 62.24% with the period’s ATR at 1.22. The stock’s 9-day MACD Oscillator is pointing at 0.32 and 0.08 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Livent Corporation (NYSE: LTHM), Piper Sandler launched coverage with an Overweight rating. Analysts offering their rating for LTHM stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate LTHM as a “sell,”, while 10 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 5 have offered a “buy” rating.

What is LTHM’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $19.00 and a high of $30.00, with their median price target at $25.00. Looking at these predictions, the average price target given by analysts is for Livent Corporation (LTHM) stock is $25.02.

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