Head to Head Review: PIEDMONT LITHIU/S (PLLL) versus Its Rivals

PIEDMONT LITHIU/S (NASDAQ: PLLL) is one of 23 public companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it contrast to its competitors? We will compare PIEDMONT LITHIU/S to similar businesses based on the strength of its earnings, risk, analyst recommendations, institutional ownership, valuation, profitability and dividends.

Analyst Recommendations

This is a breakdown of current ratings and target prices for PIEDMONT LITHIU/S and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PIEDMONT LITHIU/S 0 0 1 0 3.00
PIEDMONT LITHIU/S Competitors 253 841 994 34 2.38

PIEDMONT LITHIU/S presently has a consensus target price of $32.00, suggesting a potential upside of 265.30%. As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 25.12%. Given PIEDMONT LITHIU/S’s stronger consensus rating and higher probable upside, equities analysts clearly believe PIEDMONT LITHIU/S is more favorable than its competitors.

Profitability

This table compares PIEDMONT LITHIU/S and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PIEDMONT LITHIU/S N/A N/A N/A
PIEDMONT LITHIU/S Competitors 11.25% 12.27% 6.19%

Institutional and Insider Ownership

0.0% of PIEDMONT LITHIU/S shares are owned by institutional investors. Comparatively, 51.3% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by institutional investors. 14.8% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares PIEDMONT LITHIU/S and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PIEDMONT LITHIU/S N/A -$9.95 million -4.59
PIEDMONT LITHIU/S Competitors $1.83 billion $259.90 million 10.74

PIEDMONT LITHIU/S’s competitors have higher revenue and earnings than PIEDMONT LITHIU/S. PIEDMONT LITHIU/S is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

PIEDMONT LITHIU/S competitors beat PIEDMONT LITHIU/S on 9 of the 12 factors compared.

About PIEDMONT LITHIU/S

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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