AllAnalyst Report
logoArgusMay 12, 2021

Livent Corporation: Reaffirming BUY following 1Q21 results

Symbols
LTHM
Sector(s)
Basic Materials
Rating
Current Price
$18.26
Price Target
$NaN
Earnings Estimate
Summary

Livent Corp. is a pure-play, fully integrated lithium products company. Its primary products are battery-grade lithium hydroxide; nonbattery-grade lithium hydroxide, which is used in high-performance greases; butyllithium, which is used in the production of polymers and pharmaceuticals; and high-purity lithium metals, which are used in aerospace manufacturing. As the former lithium division of FMC Corp., Livent has more than 60 years of experience in lithium production. The company went public on October 11, 2018 at an initial price of $17 per share.

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Analyst Profile

William V. Selesky

Senior Analyst: Basic Materials
Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, he also served as part of a team that managed $9 billion in active equity products. Prior to working in the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. Bill has a Masters of Business Administration degree in Investment Finance from Pace University, and a Bachelor of Science degree in Economics from Fordham University.