Livent closed the most recent trading day at $29.68, moving -0.03% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.03%. At the same time, the Dow lost 1.15%, and the tech-heavy Nasdaq gained 0.39%.
Prior to today's trading, shares of the supplier of performance lithium compounds had lost 10.63% over the past month. This has lagged the Basic Materials sector's gain of 1.01% and the S&P 500's loss of 3.51% in that time.
Wall Street will be looking for positivity from Livent as it approaches its next earnings report date. In that report, analysts expect Livent to post earnings of $0.39 per share. This would mark year-over-year growth of 1200%. Meanwhile, our latest consensus estimate is calling for revenue of $244.26 million, up 135.78% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.37 per share and revenue of $854.9 million. These totals would mark changes of +661.11% and +103.35%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Livent. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.36% lower. Livent is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Livent has a Forward P/E ratio of 21.67 right now. This valuation marks a premium compared to its industry's average Forward P/E of 12.8.
The Chemical - Specialty industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 140, putting it in the bottom 45% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Livent (LTHM) Stock Moves -0.03%: What You Should Know
Livent closed the most recent trading day at $29.68, moving -0.03% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.03%. At the same time, the Dow lost 1.15%, and the tech-heavy Nasdaq gained 0.39%.
Prior to today's trading, shares of the supplier of performance lithium compounds had lost 10.63% over the past month. This has lagged the Basic Materials sector's gain of 1.01% and the S&P 500's loss of 3.51% in that time.
Wall Street will be looking for positivity from Livent as it approaches its next earnings report date. In that report, analysts expect Livent to post earnings of $0.39 per share. This would mark year-over-year growth of 1200%. Meanwhile, our latest consensus estimate is calling for revenue of $244.26 million, up 135.78% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.37 per share and revenue of $854.9 million. These totals would mark changes of +661.11% and +103.35%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Livent. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.36% lower. Livent is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Livent has a Forward P/E ratio of 21.67 right now. This valuation marks a premium compared to its industry's average Forward P/E of 12.8.
The Chemical - Specialty industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 140, putting it in the bottom 45% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.