Roth Capital Reduces Earnings Estimates for Piedmont Lithium

Piedmont Lithium Inc. (NASDAQ:PLL) – Roth Capital decreased their Q2 2025 earnings per share (EPS) estimates for shares of Piedmont Lithium in a report released on Monday, May 12th. Roth Capital analyst J. Reagor now anticipates that the mineral exploration company will post earnings of ($0.38) per share for the quarter, down from their prior forecast of ($0.12). The consensus estimate for Piedmont Lithium’s current full-year earnings is ($0.91) per share. Roth Capital also issued estimates for Piedmont Lithium’s Q3 2025 earnings at ($0.38) EPS, Q4 2025 earnings at ($0.27) EPS, FY2025 earnings at ($1.74) EPS and FY2026 earnings at $0.42 EPS.

Piedmont Lithium (NASDAQ:PLL) last issued its earnings results on Wednesday, May 7th. The mineral exploration company reported ($0.71) EPS for the quarter, missing analysts’ consensus estimates of ($0.50) by ($0.21). Piedmont Lithium had a negative return on equity of 17.74% and a negative net margin of 64.84%. The company had revenue of $20.00 million for the quarter, compared to analysts’ expectations of $36.34 million.

Separately, Roth Mkm decreased their target price on shares of Piedmont Lithium from $13.00 to $8.25 and set a “neutral” rating for the company in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Piedmont Lithium currently has a consensus rating of “Hold” and a consensus price target of $12.75.

Piedmont Lithium Trading Down 2.4%

Shares of NASDAQ:PLL opened at $6.86 on Wednesday. Piedmont Lithium has a 12-month low of $5.15 and a 12-month high of $16.59. The business’s fifty day simple moving average is $6.88 and its 200-day simple moving average is $8.89. The company has a market capitalization of $150.54 million, a PE ratio of -2.07 and a beta of 0.42. The company has a current ratio of 2.23, a quick ratio of 1.99 and a debt-to-equity ratio of 0.01.

Institutional Trading of Piedmont Lithium

Institutional investors have recently made changes to their positions in the company. Point72 Asset Management L.P. boosted its position in shares of Piedmont Lithium by 187.8% during the 4th quarter. Point72 Asset Management L.P. now owns 300,000 shares of the mineral exploration company’s stock valued at $2,622,000 after acquiring an additional 195,756 shares during the last quarter. Nuveen LLC acquired a new stake in Piedmont Lithium during the first quarter worth $513,000. Susquehanna Fundamental Investments LLC acquired a new stake in Piedmont Lithium during the fourth quarter worth $483,000. Quinn Opportunity Partners LLC acquired a new stake in Piedmont Lithium during the fourth quarter worth $304,000. Finally, Millennium Management LLC acquired a new stake in Piedmont Lithium during the fourth quarter worth $240,000. 52.23% of the stock is owned by institutional investors and hedge funds.

About Piedmont Lithium

Piedmont Lithium Inc, a development stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,706 acres located within the Carolina Tin-Spodumene Belt situated to the northwest of Charlotte, North Carolina in the United States.