Arcadium Lithium (ALTM) to Release Earnings on Thursday

Arcadium Lithium (NYSE:ALTM) will likely be posting its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $250.96 million for the quarter.

Arcadium Lithium Stock Performance

NYSE ALTM opened at $5.84 on Tuesday. Arcadium Lithium has a 52-week low of $2.19 and a 52-week high of $5.84. The company has a fifty day moving average of $5.53 and a 200-day moving average of $4.59. The company has a market capitalization of $6.28 billion, a P/E ratio of 21.61 and a beta of 1.45.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ALTM shares. B. Riley lowered Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Scotiabank downgraded Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, Argus cut shares of Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 12th. Ten analysts have rated the stock with a hold rating, According to MarketBeat.com, Arcadium Lithium has an average rating of “Hold” and a consensus target price of $11.00.

Arcadium Lithium Company Profile

Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications.