Piedmont Lithium (PLL) & Its Peers Financial Review

Share on StockTwits

Piedmont Lithium (NASDAQ: PLL) is one of 26 public companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it weigh in compared to its rivals? We will compare Piedmont Lithium to related businesses based on the strength of its institutional ownership, analyst recommendations, risk, dividends, valuation, profitability and earnings.

Profitability

This table compares Piedmont Lithium and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Piedmont Lithium N/A N/A N/A
Piedmont Lithium Competitors 13.85% 7.79% 14.21%

Institutional & Insider Ownership

0.0% of Piedmont Lithium shares are held by institutional investors. Comparatively, 46.1% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are held by institutional investors. 16.8% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Volatility & Risk

Piedmont Lithium has a beta of 1.62, suggesting that its stock price is 62% more volatile than the S&P 500. Comparatively, Piedmont Lithium’s rivals have a beta of 1.11, suggesting that their average stock price is 11% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Piedmont Lithium and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Piedmont Lithium 0 0 0 0 N/A
Piedmont Lithium Competitors 314 969 1095 37 2.35

As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 7.40%. Given Piedmont Lithium’s rivals higher possible upside, analysts plainly believe Piedmont Lithium has less favorable growth aspects than its rivals.

Earnings & Valuation

This table compares Piedmont Lithium and its rivals gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Piedmont Lithium N/A -$9.95 million -5.03
Piedmont Lithium Competitors $1.80 billion $230.45 million 18.85

Piedmont Lithium’s rivals have higher revenue and earnings than Piedmont Lithium. Piedmont Lithium is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Piedmont Lithium rivals beat Piedmont Lithium on 9 of the 10 factors compared.

About Piedmont Lithium

Piedmont Lithium Limited engages in the exploration and development of mineral properties in the United States. It primarily holds a 100% interest in the Piedmont lithium project covering a landholding of 1,092 acres in the Carolina Lithium Belt, North Carolina. The company was formerly known as WCP Resources Limited and changed its name to Piedmont Lithium Limited in August 2017. Piedmont Lithium Limited is based in Perth, Australia.

Receive News & Ratings for Piedmont Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Piedmont Lithium and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

SG Americas Securities LLC Invests $770,000 in Antero Midstream GP LP
SG Americas Securities LLC Invests $770,000 in Antero Midstream GP LP
Los Angeles Capital Management & Equity Research Inc. Boosts Holdings in Veracyte Inc
Los Angeles Capital Management & Equity Research Inc. Boosts Holdings in Veracyte Inc
Workhorse Group  Sees Large Volume Increase
Workhorse Group Sees Large Volume Increase
Atlantica Yield  Reaches New 1-Year High at $23.93
Atlantica Yield Reaches New 1-Year High at $23.93
Castle Brands  Sees Large Volume Increase
Castle Brands Sees Large Volume Increase
NexPoint Residential Trust  Hits New 12-Month High at $46.70
NexPoint Residential Trust Hits New 12-Month High at $46.70


© 2006-2019 Ticker Report