As of close of business last night, Hyliion Holdings Corp.’s stock clocked out at $1.19, down -6.30% from its previous closing price of $1.27. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 3421873 shares were traded.
To gain a deeper understanding of HYLN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.50 and its Current Ratio is at 13.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on November 22, 2022, initiated with a Outperform rating and assigned the stock a target price of $4.
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 Nov 18 when Card Andrew H JR bought 10,000 shares for $3.18 per share. The transaction valued at 31,800 led to the insider holds 56,435 shares of the business.
Oxholm Jose Miguel bought 1,000 shares of HYLN for $2,990 on Nov 17. The VP, General Counsel & CCO now owns 213,104 shares after completing the transaction at $2.99 per share. On Nov 16, another insider, GALLAGHER DENNIS M., who serves as the Chief Operating Officer of the company, bought 20,000 shares for $3.10 each. As a result, the insider paid 62,000 and bolstered with 281,119 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HYLN now has a Market Capitalization of 215.65M and an Enterprise Value of -7.33M. For the stock, the TTM Price-to-Sale (P/S) ratio is 104.59 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -3.38 whereas that against EBITDA is 0.05.
Stock Price History:
Over the past 52 weeks, HYLN has reached a high of $3.88, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is 1.5346, while the 200-Day Moving Average is calculated to be 2.0996.
It appears that HYLN traded 1.41M shares on average per day over the past three months and 1.23M shares per day over the past ten days. A total of 180.97M shares are outstanding, with a floating share count of 124.19M. Insiders hold about 0.50% of the company’s shares, while institutions hold 32.90% stake in the company. Shares short for HYLN as of Aug 30, 2023 were 10.49M with a Short Ratio of 10.49M, compared to 11.03M on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.79% and a Short% of Float of 7.16%.
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.18 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.19, while EPS last year was -$0.36. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.17 and low estimates of -$0.21.
Analysts are recommending an EPS of between -$0.68 and -$0.75 for the fiscal current year, implying an average EPS of -$0.72. EPS for the following year is -$0.81, with 4 analysts recommending between -$0.66 and -$0.9.
For the next quarter, 4 analysts are estimating revenue of $9.73M, an increase of 788.60% over than the figure of -$60.60% in the same quarter last year. There is a high estimate of $11.7M for the next quarter, whereas the lowest estimate is $9M.
A total of 4 analysts have provided revenue estimates for HYLN’s current fiscal year. The highest revenue estimate was $13.1M, while the lowest revenue estimate was $9.9M, resulting in an average revenue estimate of $10.73M. In the same quarter a year ago, actual revenue was $2.11M, up 409.50% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $84.25M in the next fiscal year. The high estimate is $100M and the low estimate is $68.61M. The average revenue growth estimate for next year is up 685.20% from the average revenue estimate for this year.