Piedmont Lithium (PLL) and Its Competitors Critical Contrast

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Piedmont Lithium (NASDAQ: PLL) is one of 26 publicly-traded companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it contrast to its peers? We will compare Piedmont Lithium to related companies based on the strength of its valuation, earnings, profitability, dividends, institutional ownership, risk and analyst recommendations.

Insider and Institutional Ownership

0.1% of Piedmont Lithium shares are held by institutional investors. Comparatively, 46.5% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are held by institutional investors. 0.7% of Piedmont Lithium shares are held by insiders. Comparatively, 14.4% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Piedmont Lithium and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Piedmont Lithium N/A N/A N/A
Piedmont Lithium Competitors 14.09% 8.00% 14.31%

Valuation & Earnings

This table compares Piedmont Lithium and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Piedmont Lithium N/A -$9.95 million -5.27
Piedmont Lithium Competitors $1.80 billion $230.45 million 20.65

Piedmont Lithium’s peers have higher revenue and earnings than Piedmont Lithium. Piedmont Lithium is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of recent recommendations for Piedmont Lithium and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Piedmont Lithium 0 0 0 0 N/A
Piedmont Lithium Competitors 310 961 1080 36 2.35

As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 7.51%. Given Piedmont Lithium’s peers higher possible upside, analysts plainly believe Piedmont Lithium has less favorable growth aspects than its peers.

Risk & Volatility

Piedmont Lithium has a beta of 1.66, meaning that its share price is 66% more volatile than the S&P 500. Comparatively, Piedmont Lithium’s peers have a beta of 1.13, meaning that their average share price is 13% more volatile than the S&P 500.

Summary

Piedmont Lithium peers beat Piedmont Lithium on 9 of the 10 factors compared.

Piedmont Lithium Company Profile

Piedmont Lithium Limited engages in the exploration and development of mineral properties in the United States. It primarily holds a 100% interest in the Piedmont lithium project covering a landholding of 1,092 acres in the Carolina Lithium Belt, North Carolina. The company was formerly known as WCP Resources Limited and changed its name to Piedmont Lithium Limited in August 2017. Piedmont Lithium Limited is based in Perth, Australia.

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