Livent Corporation [LTHM] has traded in a range of $3.95 to $12.53 in the last 1 year. As of this writing, the stock is at $10.51, down -4.19%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, LTHM shares are -6.40% down with the monthly amount drift of 21.89% and seems well in a long time frame.

On 12, October 2020, Livent Announces Date for Third Quarter 2020 Earnings Release and Webcast Conference Call. According to news published on Yahoo Finance, Livent Corporation (NYSE: LTHM) today announced it will release its third quarter 2020 earnings on Thursday, November 5, 2020, after stock market close via PR Newswire and the company’s website at: http://www.livent.com.

Analyst Birdseye View:

The most recent analyst activity for Livent Corporation [NYSE:LTHM] stock was on August 26, 2020, when it was Initiated with a Strong buy rating from Raymond James, which also raised its 12-month price target on the stock to $9. On April 06, 2020, BMO Capital Markets Upgrade a Market perform rating. On March 30, 2020, Goldman Downgrade a Neutral rating and decreased its price target from $9.50 to $5. On March 26, 2020, Vertical Research Upgrade a Hold rating. On March 26, 2020, KeyBanc Capital Markets Initiated a Sector weight rating. On February 21, 2020, Vertical Research Downgrade a Sell rating. BMO Capital Markets elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.95 and a peak of $12.53. Right now, according to Wall Street analyst the average 12-month amount target is $9.25. At the most recent market close, shares of Livent Corporation [NYSE:LTHM] were valued at $10.51. According to the average price forecast, investors can expect a potential return of 14.59%.

FUNDAMENTAL ANALYSIS

Livent Corporation [NYSE:LTHM] most recently reported quarterly sales of 64.9 billion, which represented growth of -43.10%. This publicly-traded organization’s revenue is $485,500 per employee, while its income is $62,750 per employee. This company’s Gross Margin is currently 23.70%, its Operating Margin is 4.90%, its Pretax Margin is +14.88, and its Net Margin is +12.92. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 6.61, 9.73, 13.88 and 8.12 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 24.03 and the whole liability to whole assets at 20.02. It shows enduring liability to the whole principal at 23.74 and enduring liability to assets at 0.20 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 10.76 points at 1st support level, the second support level is making up to 10.56. But as of 1st resistance point, this stock is sitting at 11.08 and at 11.20 for 2nd resistance point.

Livent Corporation [LTHM] reported its earnings at $0 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.02/share signifying the difference of -0.02 and -100.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.02 calling estimates for $0.04/share with the difference of -0.02 depicting the surprise of -50.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Livent Corporation [NYSE:LTHM] is 3.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.14. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.22, it’s amount to book ratio is 2.29 and showing 102.52 of P/E (TTM) ratio.