Wall Street analysts will be watching closely when Livent Corporation (NYSE:LTHM) reports its quarterly earnings next, which is scheduled for Mon 13 May (In 55 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.13 per share. In the preceding quarter, the company reportedly generated EPS of $0.23 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 46.50%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Livent Corporation (NYSE:LTHM). Most recently, on February 27th, 2019, Gabelli & Co Initiated a Buy rating. Before that, on January 16th, 2019, ClarksonsPlatou Initiated to Buy. Nomura Downgrade a Neutral rating on January 15th, 2019, Argus Initiated an Buy rating on December 13th, 2018, and HSBC Securities Initiated a Buy rating on December 3rd, 2018.
At its current price point, combined with the fact that this company has 155.00M shares outstanding, the current market capitalization sits at 2.03B. In the last trading day, 4,603,130 shares of Livent Corporation were traded, which compares to its usual volume of about 2.98M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.51 in the past five trading days, resulting in a percentage change of +4.05% and a moving average of 12.67. In the past 20 days, its price changed by $0.42 (which is +3.31%) and the stock’s moving average was 12.91. Looking back a full 50 days, shares of LTHM changed by -$1.17 (which is -8.20%) and demonstrated a moving average of 13.05.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 67.81%, a 14-day Stochastic %K score of 58.43% and a 20-day Stochastic %K score of 50.32%. Using a similar metric, Livent Corporation (LTHM) shares showed a Stochastic %D of 53.45% over the past 9 days, a Stochastic %D score of 44.55% over the last 14 days, and a 20-day Stochastic %D of 40.74%. Meanwhile, this stock’s MACD Oscillator was 0.21 over the past 9 days, 0.12 over the past two weeks, and -0.04 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $13.09 level. Over the past 12 months, this stock has experienced a high price of $19.90 and a low of $11.55. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
Glenview Capital Management LLC purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Livent Corporation (NYSE:LTHM) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 11,844,047 shares of the company’s stock following the addition of 10,324,137 to this investor’s holdings during the three-month period. This share count represents that Glenview Capital Management LLC now held 8.11% stake in Livent Corporation (LTHM)’s shares.
Just in the most recent trading day, Livent Corporation (NYSE:LTHM) experienced a high price of $13.485 and low point of $12.99. At the end of the last trading session, this stock was at 13.09 per share, following a gain of $0.09, or 1.39% during the full day.