Head to Head Comparison: Piedmont Lithium (PLL) versus Its Competitors

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 weigh in compared to its competitors? We will compare Piedmont Lithium to related businesses based on the strength of its valuation, institutional ownership, analyst recommendations, risk, earnings, profitability and dividends.

Earnings & Valuation

This table compares Piedmont Lithium and its competitors top-line revenue, earnings per share 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 competitors have higher revenue and earnings than Piedmont Lithium. Piedmont Lithium 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.

Risk & Volatility

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

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Piedmont Lithium and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Piedmont Lithium 0 0 0 0 N/A
Piedmont Lithium Competitors 310 962 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 competitors higher possible upside, analysts clearly believe Piedmont Lithium has less favorable growth aspects than its competitors.

Insider and Institutional Ownership

0.1% of Piedmont Lithium shares are owned by institutional investors. Comparatively, 46.5% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by institutional investors. 0.7% of Piedmont Lithium shares are owned by company insiders. Comparatively, 14.4% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Piedmont Lithium and its competitors’ 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%

Summary

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

About Piedmont Lithium

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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