After finishing at $1.56 in the prior trading day, Hyliion Holdings Corporation (NYSE: HYLN) closed at $1.49, down -4.49%. In other words, the price has decreased by -$0.0700 from its previous closing price. On the day, 656856 shares were traded.
Ratios:
Our goal is to gain a better understanding of HYLN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.02 and its Current Ratio is at 12.02. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 the company, Northland Capital on October 12, 2023, Downgraded its rating to Market Perform and sets its target price to $1.50 from $2.80 previously.
On November 22, 2022, Northland Capital started tracking the stock assigning a Outperform rating and target price of $4.
Cantor Fitzgerald Downgraded its Overweight to Neutral on August 11, 2022, while the target price for the stock was maintained at $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’23 when KNIGHT ROBERT M JR bought 100,000 shares for $0.57 per share. The transaction valued at 57,000 led to the insider holds 176,435 shares of the business.
LANTZ CHERI bought 20,000 shares of HYLN for $13,200 on Nov 16 ’23. The Chief Strategy Officer now owns 281,373 shares after completing the transaction at $0.66 per share. On Nov 15 ’23, another insider, Healy Thomas J., who serves as the Chief Executive Officer of the company, bought 139,798 shares for $0.64 each. As a result, the insider paid 89,471 and bolstered with 33,422,349 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, HYLN now has a Market Capitalization of 272.98M and an Enterprise Value of 117.44M. For the stock, the TTM Price-to-Sale (P/S) ratio is 407.44 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 174.76 whereas that against EBITDA is -0.96.
Stock Price History:
Over the past 52 weeks, HYLN has reached a high of $2.30, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is 1.3507, while the 200-Day Moving Average is calculated to be 1.2145.
Shares Statistics:
The stock has traded on average 1.38M shares per day over the past 3-months and 1.01M shares per day over the last 10 days, according to various share statistics. A total of 183.07M shares are outstanding, with a floating share count of 124.18M. Insiders hold about 32.22% of the company’s shares, while institutions hold 19.86% stake in the company. Shares short for HYLN as of Feb 29, 2024 were 8.13M with a Short Ratio of 5.87, compared to 8.33M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.44% and a Short% of Float of 5.47%.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.16. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.26 and -$0.26 for the fiscal current year, implying an average EPS of -$0.26. EPS for the following year is -$0.21, with 1 analysts recommending between -$0.21 and -$0.21.
Revenue Estimates
1 analysts predict $5.3M in revenue for the current quarter. It ranges from a high estimate of $5.3M to a low estimate of $5.3M. As of the current estimate, Hyliion Holdings Corporation’s year-ago sales were $690k, an estimated increase of 668.10% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $7.8M, an increase of 2,832.30% over than the figure of $668.10% in the same quarter last year. There is a high estimate of $7.8M for the next quarter, whereas the lowest estimate is $7.8M.
A total of 1 analysts have provided revenue estimates for HYLN’s current fiscal year. The highest revenue estimate was $1.3M, while the lowest revenue estimate was $1.3M, resulting in an average revenue estimate of $1.3M. In the same quarter a year ago, actual revenue was $672k, up 93.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $7M in the next fiscal year. The high estimate is $7M and the low estimate is $7M. The average revenue growth estimate for next year is up 438.50% from the average revenue estimate for this year.
