Roth Capital Predicts Reduced Earnings for Piedmont Lithium

Piedmont Lithium Inc. (NASDAQ:PLL - Free Report) - Stock analysts at Roth Capital decreased their Q2 2025 earnings per share (EPS) estimates for Piedmont Lithium in a research note issued on Monday, May 12th. Roth Capital analyst J. Reagor now expects that the mineral exploration company will earn ($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.

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

Piedmont Lithium Price Performance

Shares of PLL stock traded down $0.10 during trading hours on Wednesday, hitting $6.46. 78,133 shares of the company's stock were exchanged, compared to its average volume of 519,301. The stock's 50-day moving average is $6.85 and its 200-day moving average is $8.74. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.23 and a quick ratio of 1.99. The stock has a market cap of $141.77 million, a price-to-earnings ratio of -1.95 and a beta of 0.42. Piedmont Lithium has a 52 week low of $5.15 and a 52 week high of $16.43.

Piedmont Lithium (NASDAQ:PLL - Get Free Report) last posted its earnings results on Wednesday, May 7th. The mineral exploration company reported ($0.71) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.50) by ($0.21). Piedmont Lithium had a negative net margin of 64.84% and a negative return on equity of 17.74%. The firm had revenue of $20.00 million during the quarter, compared to the consensus estimate of $36.34 million.

Hedge Funds Weigh In On Piedmont Lithium

Hedge funds have recently added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC bought a new position in Piedmont Lithium in the fourth quarter valued at about $483,000. GAMMA Investing LLC boosted its holdings in Piedmont Lithium by 65.8% during the fourth quarter. GAMMA Investing LLC now owns 3,907 shares of the mineral exploration company's stock worth $34,000 after buying an additional 1,550 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Piedmont Lithium by 2.7% during the fourth quarter. Bank of New York Mellon Corp now owns 70,082 shares of the mineral exploration company's stock worth $613,000 after buying an additional 1,855 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Piedmont Lithium by 6.0% during the fourth quarter. JPMorgan Chase & Co. now owns 32,938 shares of the mineral exploration company's stock worth $288,000 after buying an additional 1,878 shares during the last quarter. Finally, Atria Wealth Solutions Inc. bought a new position in Piedmont Lithium during the fourth quarter worth about $91,000. Institutional investors own 52.23% of the company's stock.

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.