How to Buy Arcadium Lithium Stock
Arcadium Lithium PLC
Arcadium Lithium is a specialty chemical company located in Pennsylvania, United States, which is part of the Basic Materials sector, and is traded under the ticker ALTM on the NYSE exchange.
Arcadium Lithium stock last closed at $4.74, down 0.42% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Specialty Chemicals industry by N/A percentage points. Arcadium Lithium stock is currently +29.16% from its 52-week low of $3.67, and -34.8% from its 52-week high of $7.27.
As of May 7, 2024, there are 1.07B shares of ALTM outstanding. The market cap of ALTM is $5.09B. In the last 24 hours, 10.05M ALTM shares were traded.
How to Buy Arcadium Lithium Stock
Wondering how to invest in Arcadium Lithium stock? Here's how.
- Figure out where to buy Arcadium Lithium stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Arcadium Lithium stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your payment method and add your information.
- Analyze Arcadium Lithium stock: The Arcadium Lithium ticker symbol is ALTM. Is Arcadium Lithium stock a good investment? Should you buy shares of ALTM? How do ALTM's underlying business fundamentals look? Do top analysts think Arcadium Lithium is a good buy? Why has ALTM's stock price moved recently? (Hint: Our stock research tools can help you figure out if ALTM is a good stock to buy).
- Execute your ALTM buy order: Decide if you will purchase ALTM shares at the current market price or use a limit order to buy ALTM shares at a particular price.
- Keep tabs on your ALTM investment: Create a watchlist to keep track of your investment in Arcadium Lithium stock.
Step 1: Figure out where to buy Arcadium Lithium stock
You will need an online brokerage account to access the NYSE market and buy ALTM stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Technology to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you can invest in ALTM stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on the highest rated stock app, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing money into your investment account.
Step 4: Analyze Arcadium Lithium stock
Once you have chosen the best place to buy Arcadium Lithium stock, it's critical to research their stock before you buy, so you can comprehend the risk and upside.
Arcadium Lithium Numbers
Fundamentals of ALTM
WallStreetZen was created to help average investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ALTM's stock page.
Is ALTM stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ALTM's true value.
Using relative valuations metrics:
- ALTM could be undervalued based on its P/E ratio of 2.58x, relative to Specialty Chemicals industry P/E ratio of 33.28x
- ALTM may be undervalued based on its P/B ratio of 2.85x, relative to Specialty Chemicals industry P/B ratio of 3.44x
- ALTM could be undervalued based on its PEG ratio of 0.22x
You can access more valuation analysis on ALTM's stock here.
ALTM Financial Health Overview
Positive Health Checks:
- ALTM profit margin has gone up from 33.6% to 37.4% in the past year.
- ALTM has $237.60M in cash and short term investments. This is sufficient to cover its annual cash burn of $29.80M.
- ALTM has cash burn of 29800000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the ALTM balance sheet.
Negative Health Checks:
- ALTM has a relatively high debt to equity ratio of 0.53.
- There are more long-term liabilities than short-term assets on the ALTM balance sheet.
Is it a good time to buy Arcadium Lithium stock, according to Wall Street analysts?
Out of 9 Equities analysts who track ALTM, the consensus analyst rating on Arcadium Lithium is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent ALTM Analyst Ratings
John Roberts, a top 5% analyst from Mizuho reiterates ALTM with a hold rating and lowers their ALTM price target from $6.00 to $5.00, on Feb 23, 2024.
Jeffrey Zekauskas, a top 7% analyst from JP Morgan initiates coverage on ALTM with a hold rating and announces their ALTM price target of $5.00, on Jan 29, 2024.
Austin Yun, a bottom 36% analyst from Macquarie initiates coverage on ALTM with a buy rating and announces their ALTM price target of $7.30, on Jan 22, 2024.
Joel Jackson, a bottom 12% analyst from BMO Capital initiates coverage on ALTM with a hold rating and announces their ALTM price target of $7.00, on Jan 10, 2024.
Kevin McCarthy, a top 33% analyst from Vertical Research reinstates ALTM with a hold rating and announces their ALTM price target of $8.00, on Jan 10, 2024.
You can dive deeper into what analysts are projecting on the Arcadium Lithium stock forecast page.
ALTM Technicals
ALTM Performance Numbers
Last year, ALTM earnings were $330.10M. In the last one years, ALTM's earnings have increased by 15.72% per year. This was faster than the Specialty Chemicals industry average of 3.92%.
Last year, ALTM revenue was $882.50M. During the past 2 year, ALTM's revenue has gone up by 44.89% per year. This was faster than the Specialty Chemicals industry average of 7.34%.
You can analyze ALTM's earnings and revenue performance here.
Latest Insiders Trades at ALTM
Over the past 12 months, executives and large shareholders at ALTM have bought more shares than they have sold.
De Roa Fernando Oris, Director of ALTM, was the latest ALTM insider to buy. They bought $24,450.00 worth of ALTM stock on Mar 6, 2024.
Research more about who owns ALTM shares here.
Does ALTM provide a stable income stream?
No, Arcadium Lithium doesn't provide an income stream by paying out dividends.
ALTM Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your ALTM buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price, use a limit order.
Hit the Open button and your broker will place the order.
If you need more assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your ALTM investment
Now that you own some ALTM stock, you'll want to stay up-to-date on your new stock purchase.
Add ALTM to a watchlist to get alerted to the latest events about your ALTM stock.
ALTM Feed
How to Buy Stock in Arcadium Lithium
To reiterate, here are the 6 steps to buy stock in Arcadium Lithium:
- Figure out where to buy Arcadium Lithium stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Analyze Arcadium Lithium stock
- Execute your ALTM buy order
- Keep tabs on your ALTM investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your new investment in Arcadium Lithium, create a watchlist on WallStreetZen today.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.