PIEDMONT LITHIU/S (NASDAQ:PLLL) versus Its Competitors Financial Survey

PIEDMONT LITHIU/S (NASDAQ: PLLL) is one of 24 public companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it contrast to its peers? We will compare PIEDMONT LITHIU/S to related companies based on the strength of its valuation, profitability, earnings, institutional ownership, risk, analyst recommendations and dividends.

Insider & Institutional Ownership

0.0% of PIEDMONT LITHIU/S shares are owned by institutional investors. Comparatively, 51.2% 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and price targets for PIEDMONT LITHIU/S and its peers, 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 269 892 1028 35 2.37

PIEDMONT LITHIU/S currently has a consensus price target of $32.00, suggesting a potential upside of 360.43%. As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 29.32%. Given PIEDMONT LITHIU/S’s stronger consensus rating and higher possible upside, equities analysts plainly believe PIEDMONT LITHIU/S is more favorable than its peers.

Profitability

This table compares PIEDMONT LITHIU/S and its peers’ 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%

Valuation and Earnings

This table compares PIEDMONT LITHIU/S and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PIEDMONT LITHIU/S N/A -$9.95 million -3.64
PIEDMONT LITHIU/S Competitors $1.83 billion $259.90 million 9.62

PIEDMONT LITHIU/S’s peers have higher revenue and earnings than PIEDMONT LITHIU/S. PIEDMONT LITHIU/S 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.

Summary

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

PIEDMONT LITHIU/S 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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