Standard Lithium FY2025 EPS Cut by Raymond James Financial

Key Points

• Raymond James Financial has lowered its FY2025 earnings per share estimate for Standard Lithium from ($0.06) to ($0.08), while maintaining a "Moderate Buy" rating on the stock.
• Standard Lithium's shares are currently trading at $2.77, with a market capitalization of $537.21 million and a 52-week range between $1.08 and $3.05.
• In contrast, BMO Capital Markets recently upgraded Standard Lithium to a "strong-buy" rating, indicating differing opinions on the stock's potential.

Standard Lithium Ltd. (NYSEAMERICAN:SLI - Free Report) - Raymond James Financial cut their FY2025 earnings per share estimates for Standard Lithium in a research note issued to investors on Monday, August 11th. Raymond James Financial analyst D. Magder now anticipates that the company will post earnings per share of ($0.08) for the year, down from their prior forecast of ($0.06). Raymond James Financial has a "Moderate Buy" rating on the stock. The consensus estimate for Standard Lithium's current full-year earnings is ($0.14) per share. Raymond James Financial also issued estimates for Standard Lithium's FY2026 earnings at ($0.09) EPS.

Separately, BMO Capital Markets raised Standard Lithium to a "strong-buy" rating in a report on Wednesday, August 6th.

Standard Lithium Stock Performance

Shares of NYSEAMERICAN SLI opened at $2.77 on Wednesday. The company has a market cap of $537.21 million, a PE ratio of -12.59 and a beta of 1.69. The business has a 50-day simple moving average of $2.27 and a two-hundred day simple moving average of $1.72. Standard Lithium has a fifty-two week low of $1.08 and a fifty-two week high of $3.05.

Institutional Trading of Standard Lithium

A number of institutional investors have recently made changes to their positions in the company. Koch Inc. acquired a new position in Standard Lithium during the fourth quarter worth $19,681,000. Renaissance Technologies LLC acquired a new position in Standard Lithium during the fourth quarter worth $964,000. Concentric Capital Strategies LP acquired a new position in Standard Lithium during the fourth quarter worth $752,000. Compagnie Lombard Odier SCmA boosted its stake in Standard Lithium by 3.7% during the second quarter. Compagnie Lombard Odier SCmA now owns 466,700 shares of the company's stock worth $915,000 after buying an additional 16,700 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in Standard Lithium during the first quarter worth $435,000. 16.70% of the stock is owned by institutional investors and hedge funds.

About Standard Lithium

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.