|Bid||12.04 x 1400|
|Ask||12.05 x 800|
|Day's Range||11.96 - 12.17|
|52 Week Range||11.55 - 19.90|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||12.20|
|Earnings Date||May 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.91|
PHILADELPHIA , April 1, 2019 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced it will release its first quarter 2019 earnings on Tuesday, May 7, 2019, after the stock market close via PR ...
FMC CEO Pierre Brondeau earned nearly $10 million in cash, stocks and options in 2018, a $3 million drop from the prior year, according to its recently filed proxy statement. The annual filing from the Philadelphia-based chemical manufacturing company, headquartered in the 33-floor FMC Tower in University City, also broke down how executive compensation changed in the wake of its October 2018 spin out of its lithium business into Livent (NYSE: LTHM.) FMC completed the separation on Feb. 25. Paul Graves, former FMC CFO who is now leading Livent as its CEO earned $5.6 million in stocks, options and cash in 2018, with stock and option awards driving the bulk of the increase from last year’s total compensation of $3.2 million.
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Interested in lithium stocks? This face-off should help you make investment decisions in this space, whose growth is being driven by the increasing popularity of EVs.
PHILADELPHIA , March 18, 2019 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced that Thomas Schneberger , chief growth officer, will speak at Bernstein's Electric Revolution 2019 conference ...
The agricultural sciences leader reported full-year 2018 operating results, then abruptly sank in early March.
Luminus Management is an investment management firm that was founded back in 2002. It provides offices in New York City, NY, and Houston, Texas. Paul Segal launched this fund aiming to invest in companies belonging to utility and energy-related sectors. He was Luminus Management's President and Portfolio Manager until 2011 when he became the Chief […]
FMC Corporation (FMC) announced today that it has completed the previously announced distribution of 123,000,000 shares of common stock of Livent Corporation ("Livent") (LTHM) as a pro rata dividend on shares of FMC common stock outstanding as of 5:00 p.m. EST on the record date of February 25, 2019. Based on the shares of FMC common stock outstanding as of February 25, 2019, the record date for the distribution, each share of FMC common stock will receive 0.935301 shares of Livent common stock in the distribution.
PHILADELPHIA, March 1, 2019 /PRNewswire/ -- Livent Corporation (LTHM) today announced that FMC Corporation ("FMC") (FMC) has completed its previously announced distribution of 123,000,000 shares of common stock of Livent as a pro rata dividend on shares of FMC common stock outstanding as of 5:00 p.m. EST on the record date of February 25, 2019. Based on the shares of FMC common stock outstanding as of February 25, 2019, the record date for the distribution, each share of FMC common stock will receive 0.935301 shares of Livent common stock in the distribution.
NEW YORK , Feb. 26, 2019 /PRNewswire/ -- Livent Corp. (NYSE: LTHM) will replace Bristow Group Inc. (NYSE: BRS) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday , March 5 . S&P ...
FMC Corporation (FMC) announced today that it has determined the final distribution ratio relating to its previously announced distribution of an aggregate of 123,000,000 shares of common stock of Livent Corporation ("Livent") (LTHM) on March 1, 2019, the distribution date, as a pro rata dividend on shares of FMC common stock outstanding as of 5:00 p.m. EST on the record date of February 25, 2019. Based on the shares of FMC common stock outstanding as of February 25, 2019, the record date for the distribution, each share of FMC common stock will receive 0.935301 shares of Livent common stock in the distribution.
Investorideas.com, one of the first global investor news source covering lithium stocks issues a snapshot looking at the projected growth demand for lithium and how lithium miners are looking to meet the growing global demand. According to Research and Markets, the lithium ion battery market is estimated to grow from USD 37.4 billion in 2018 to USD 92.2 billion by 2024, at a CAGR of 16.2% between 2018 and 2024. The growth of the lithium ion battery market is driven by an increase in demand for plug-in vehicles, growing need for automation and battery-operated material-handling equipment in industries, growing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for various industrial applications.
Livent Corporation (LTHM) announced today that it has received from Nemaska Lithium Inc. a notice of termination of the parties' multi-year supply agreement, under which Nemaska is obligated to start supplying lithium carbonate to Livent starting April 1, 2019. Livent asserts that Nemaska does not have a right to terminate the agreement and Livent intends to enforce its rights as part of the arbitration Livent filed in July 2018. Livent and Nemaska had previously suspended the arbitration while they sought to negotiate a revised schedule, among other agreements, for the supply of lithium carbonate.
fell Tuesday by 2.9% to $82.27 despite the chemical company beating Wall Street's fourth-quarter earnings expectations. The Philadelphia-based company reported fourth-quarter earnings of $32.4 million, or 24 cents a share, down from $530.1 million, or $3.94 a share, a year ago. Adjusted earnings were $1.69 a share, up 54% year over year, and ahead of Wall Street's expectations of $1.65.
Livent Corp on Tuesday forecast a drop in Chinese lithium sales for the year because of uncertainty about the country's electric vehicle subsidies, a worrisome sign for other producers of the key battery component. The Philadelphia-based company, among the first major global lithium producers to post results this quarter, said Chinese sales will drop below 20 percent of total revenue in 2019, from 25 percent last year. "The Chinese consumers of lithium overextended themselves in 2018, built more inventory than they were comfortable with and had a harder time accessing credit," Livent Chief Executive Paul Graves said in an interview.
Livent, spun off last year from FMC Corp, also posted a quarterly profit in line with Wall Street's expectations, with sales at the lower end of the forecast. The lacklustre results and weak outlook for China - the world's largest lithium consumer - seemed to reinforce concerns about market oversupply for the electric vehicle battery ingredient despite bullish expectations for electric car demand. Chinese customers, Livent said, are "unwilling to make firm commitments for price and volume at levels acceptable to us." The company said it had sought out customers in South Korea and Japan - large lithium consumers, but not at the same scale as China.
The Philadelphia-based company said it had profit of 18 cents per share. For the current quarter ending in April, Livent expects its per-share earnings to range from 11 cents to 14 cents. The company said it expects revenue in the range of $95 million to $105 million for the fiscal first quarter.