Is Piedmont Lithium Stock a Good Investment?
Piedmont Lithium Investment Advice | PLL |
- Examine Piedmont Lithium's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Piedmont Lithium's leadership team and their track record. Good management can help Piedmont Lithium navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Piedmont Lithium's business and its evolving consumer preferences.
- Compare Piedmont Lithium's performance and market position to its competitors. Analyze how Piedmont Lithium is positioned in terms of product offerings, innovation, and market share.
- Check if Piedmont Lithium pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Piedmont Lithium's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Piedmont Lithium Ltd stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Piedmont Lithium Ltd is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Piedmont Lithium Stock
Researching Piedmont Lithium's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 41.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.71. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Piedmont Lithium recorded a loss per share of 4.1. The entity last dividend was issued on the April 22, 2015. The firm had 1:1 split on the 18th of May 2021.
To determine if Piedmont Lithium is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Piedmont Lithium's research are outlined below:
| Piedmont Lithium generated a negative expected return over the last 90 days | |
| Piedmont Lithium has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 39.82 M. Reported Net Loss for the year was (21.78 M) with loss before taxes, overhead, and interest of (14.12 M). | |
| Piedmont Lithium has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Benton Provides Update and Reminds Shareholders of January 20th Record Date for Vinland Lithium |
Piedmont Lithium Quarterly Accounts Payable |
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Piedmont Lithium uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Piedmont Lithium Ltd. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Piedmont Lithium's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Piedmont Lithium's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Piedmont Lithium's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-09 | 2023-06-30 | -0.48 | -0.55 | -0.07 | 14 | ||
2021-04-30 | 2021-03-31 | -0.05 | -0.125 | -0.075 | 150 | ||
2022-05-06 | 2022-03-31 | -0.26 | -0.36 | -0.1 | 38 | ||
2020-09-30 | 2020-06-30 | -0.24 | -0.3671 | -0.1271 | 52 | ||
2022-08-12 | 2022-06-30 | -0.38 | -0.53 | -0.15 | 39 | ||
2021-09-26 | 2021-06-30 | -0.17 | -0.335 | -0.165 | 97 | ||
2021-03-10 | 2020-12-31 | -0.11 | -0.33 | -0.22 | 200 | ||
2023-03-01 | 2022-12-31 | -0.39 | -0.62 | -0.23 | 58 |
Piedmont Lithium Target Price Consensus
Piedmont target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Piedmont Lithium's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Buy |
Most Piedmont analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Piedmont stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Piedmont Lithium, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPiedmont Lithium Target Price Projection
Piedmont Lithium's current and average target prices are 9.07 and 22.92, respectively. The current price of Piedmont Lithium is the price at which Piedmont Lithium Ltd is currently trading. On the other hand, Piedmont Lithium's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Piedmont Lithium Market Quote on 18th of January 2025
Target Price
Analyst Consensus On Piedmont Lithium Target Price
Piedmont Lithium Analyst Ratings
Piedmont Lithium's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Piedmont Lithium stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Piedmont Lithium's financials, market performance, and future outlook by experienced professionals. Piedmont Lithium's historical ratings below, therefore, can serve as a valuable tool for investors.Know Piedmont Lithium's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Piedmont Lithium is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Piedmont Lithium Ltd backward and forwards among themselves. Piedmont Lithium's institutional investor refers to the entity that pools money to purchase Piedmont Lithium's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hite Hedge Asset Management Mlp | 2024-09-30 | 153 K | Northern Trust Corp | 2024-09-30 | 151.7 K | Point72 Asset Management, L.p. | 2024-09-30 | 104.2 K | Bank Of America Corp | 2024-09-30 | 101.8 K | Susquehanna International Group, Llp | 2024-09-30 | 90.4 K | Parallax Volatility Advisers, Llc | 2024-09-30 | 75.2 K | Bank Of New York Mellon Corp | 2024-09-30 | 68.2 K | Principal Financial Group Inc | 2024-09-30 | 62.5 K | Lpl Financial Corp | 2024-09-30 | 60.2 K | Blackrock Inc | 2024-09-30 | 1.7 M | Vanguard Group Inc | 2024-09-30 | 1.1 M |
Piedmont Lithium's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 199.86 M.Market Cap |
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Piedmont Lithium's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.17) | (0.16) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.06) | (0.06) |
Determining Piedmont Lithium's profitability involves analyzing its financial statements and using various financial metrics to determine if Piedmont Lithium is a good buy. For example, gross profit margin measures Piedmont Lithium's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Piedmont Lithium's profitability and make more informed investment decisions.
Evaluate Piedmont Lithium's management efficiency
Piedmont Lithium has Return on Asset of (0.0905) % which means that on every $100 spent on assets, it lost $0.0905. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2492) %, meaning that it generated no profit with money invested by stockholders. Piedmont Lithium's management efficiency ratios could be used to measure how well Piedmont Lithium manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -0.05. Return On Capital Employed is expected to rise to -0.16 this year. At this time, Piedmont Lithium's Tangible Asset Value is quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 662.44 this year, although the value of Intangible Assets will most likely fall to about 1.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 17.74 | 18.34 | |
| Net Current Asset Value | 4.8 M | 3.4 M | |
| Tangible Asset Value | 6.9 M | 10.9 M | |
| Tangible Book Value Per Share | 17.74 | 16.70 | |
| Enterprise Value Over EBITDA | (81.06) | (77.01) | |
| Price Book Value Ratio | 2.57 | 2.44 | |
| Enterprise Value Multiple | (81.06) | (77.01) | |
| Price Fair Value | 2.57 | 2.44 | |
| Enterprise Value | 606.4 M | 636.7 M |
The decision-making processes within Piedmont Lithium are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 0.313 |
Basic technical analysis of Piedmont Stock
As of the 18th of January 2025, Piedmont Lithium holds the Risk Adjusted Performance of (0.05), coefficient of variation of (1,375), and Variance of 35.62. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Piedmont Lithium, as well as the relationship between them. Please check Piedmont Lithium coefficient of variation and maximum drawdown to decide if Piedmont Lithium is priced some-what accurately, providing market reflects its current price of 9.07 per share. Given that Piedmont Lithium has information ratio of (0.07), we recommend you to check out Piedmont Lithium's recent market performance to make sure the company can sustain itself at a future point.Piedmont Lithium's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Piedmont Lithium insiders, such as employees or executives, is commonly permitted as long as it does not rely on Piedmont Lithium's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Piedmont Lithium insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Piedmont Lithium's Outstanding Corporate Bonds
Piedmont Lithium issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Piedmont Lithium uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Piedmont bonds can be classified according to their maturity, which is the date when Piedmont Lithium Ltd has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US720198AE09 Corp BondUS720198AE09 | View | |
| PDM 275 01 APR 32 Corp BondUS720198AF73 | View | |
| PIEDGA 2864 01 JAN 52 Corp BondUS72014TAE91 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| US720186AH83 Corp BondUS720186AH83 | View | |
| US720186AJ40 Corp BondUS720186AJ40 | View | |
| PIEDMONT NAT GAS Corp BondUS720186AK13 | View | |
| US720186AL95 Corp BondUS720186AL95 | View |
Understand Piedmont Lithium's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Piedmont Lithium's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.40) | |||
| Mean Deviation | 4.38 | |||
| Coefficient Of Variation | (1,375) | |||
| Standard Deviation | 5.97 | |||
| Variance | 35.62 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 30.22 | |||
| Value At Risk | (8.30) | |||
| Potential Upside | 10.48 | |||
| Skewness | 0.64 | |||
| Kurtosis | 0.9367 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.40) | |||
| Mean Deviation | 4.38 | |||
| Coefficient Of Variation | (1,375) | |||
| Standard Deviation | 5.97 | |||
| Variance | 35.62 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 30.22 | |||
| Value At Risk | (8.30) | |||
| Potential Upside | 10.48 | |||
| Skewness | 0.64 | |||
| Kurtosis | 0.9367 |
Consider Piedmont Lithium's intraday indicators
Piedmont Lithium intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Piedmont Lithium stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 16805.6 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 9.24 | |||
| Day Typical Price | 9.18 | |||
| Price Action Indicator | (0.21) | |||
| Period Momentum Indicator | (0.09) |
Piedmont Lithium Corporate Filings
F4 | 3rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 17th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 29th of November 2024 Other Reports | ViewVerify | |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Piedmont Stock media impact
Far too much social signal, news, headlines, and media speculation about Piedmont Lithium that are available to investors today. That information is available publicly through Piedmont media outlets and privately through word of mouth or via Piedmont internal channels. However, regardless of the origin, that massive amount of Piedmont data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Piedmont Lithium news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Piedmont Lithium relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Piedmont Lithium's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Piedmont Lithium alpha.
Piedmont Lithium Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Piedmont Lithium can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Piedmont Lithium Corporate Management
| Nick Fouche | Senior Projects | Profile | |
| Krishna McVey | Executive Officer | Profile | |
| Kris McVey | Sr Officer | Profile | |
| Austin Devaney | Executive Officer | Profile | |
| Lamont Leatherman | Chief Geologist | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Lithium Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Lithium. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.293 | Earnings Share (4.10) | Revenue Per Share | Quarterly Revenue Growth (0.41) | Return On Assets |
The market value of Piedmont Lithium is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Lithium's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Lithium's market value can be influenced by many factors that don't directly affect Piedmont Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Piedmont Lithium's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Piedmont Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.