As of close of business last night, Li-Cycle Holdings Corp’s stock clocked out at $1.03, up 13.51% from its previous closing price of $0.91. In other words, the price has increased by $+0.1226 from its previous closing price. On the day, 8619810 shares were traded.
Ratios:
To gain a deeper understanding of LICY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.92.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 01 ’24 when Simpson Debbie sold 81,845 shares for $0.41 per share. The transaction valued at 33,777 led to the insider holds 357,447 shares of the business.
Johnston Timothy sold 10,929 shares of LICY for $4,510 on Feb 01 ’24. The Executive Chairman & Director now owns 555,256 shares after completing the transaction at $0.41 per share. On Feb 01 ’24, another insider, Kochhar Ajay, who serves as the President and CEO of the company, sold 10,929 shares for $0.41 each. As a result, the insider received 4,510 and left with 275,365 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LICY now has a Market Capitalization of 184.42M and an Enterprise Value of 464.82M. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.08 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 25.40 whereas that against EBITDA is -3.83.
Stock Price History:
Over the past 52 weeks, LICY has reached a high of $6.16, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 0.5649, while the 200-Day Moving Average is calculated to be 2.5508.
Shares Statistics:
It appears that LICY traded 8.42M shares on average per day over the past three months and 23.03M shares per day over the past ten days. A total of 178.20M shares are outstanding, with a floating share count of 120.30M. Insiders hold about 32.81% of the company’s shares, while institutions hold 32.66% stake in the company. Shares short for LICY as of Mar 15, 2024 were 20.08M with a Short Ratio of 2.38, compared to 15.33M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.21% and a Short% of Float of 16.90%.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.17 and a low estimate of -$0.17, while EPS last year was -$0.22. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.17 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.49 and -$0.63 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is -$0.49, with 2 analysts recommending between -$0.47 and -$0.5.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $4.51M. It ranges from a high estimate of $4.51M to a low estimate of $4.51M. As of the current estimate, Li-Cycle Holdings Corp’s year-ago sales were $8.12M, an estimated decrease of -44.50% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for LICY’s current fiscal year. The highest revenue estimate was $18.5M, while the lowest revenue estimate was $10.1M, resulting in an average revenue estimate of $14.3M. In the same quarter a year ago, actual revenue was $18.3M, down -21.90% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $63.05M in the next fiscal year. The high estimate is $105.5M and the low estimate is $20.6M. The average revenue growth estimate for next year is up 340.90% from the average revenue estimate for this year.
