AllAnalyst Report
logoMorningstarMay 04, 2021

LTHM: Raising Livent's Fair Value Estimate to $17 on Improved Outlook; Shares Fairly Valued

Symbols
Sector(s)
Rating
Current Price
Fair Value
Economic Moat
Stewardship
Summary

Livent is a pure-play lithium producer formed when FMC spun off its lithium business in October 2018. Livent should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from brine resources in Argentina. Livent also operates downstream lithium h

Upgrade to begin using premium research reports and get so much more.

Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Upgrade

Analyst Profile

Seth Goldstein

Equity Analyst
Seth Goldstein, CFA, is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers agriculture, chemicals, copper, and lithium companies in the basic-materials sector. Goldstein is also the Chair of Morningstar's Electric Vehicle Committee.Prior to assuming his current role in 2017, Goldstein was an associate equity analyst covering the basic-materials sector. Before joining Morningstar, Goldstein was a senior financial analyst for Oasis Financial, a financial analyst for Berkshire Hathaway Energy, and a field operations supervisor for the U.S. Census Bureau.Goldstein holds a bachelor's degree in journalism from Ohio University and a master's degree in business administration, with a concentration in finance, from the University of Iowa. He also holds the Chartered Financial Analyst® designation.