The price of Hyliion Holdings Corporation (NYSE: HYLN) closed at $1.42 in the last session, down -5.33% from day before closing price of $1.50. On the day, 936758 shares were traded.
Ratios:
We take a closer look at HYLN’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 388.30 while its Price-to-Book (P/B) ratio in mrq is 0.85.
Stock Price History:
Over the past 52 weeks, HYLN has reached a high of $2.29, while it has fallen to a 52-week low of $0.52.
Shares Statistics:
A total of 183.07M shares are outstanding, with a floating share count of 124.19M. Insiders hold about 32.21% of the company’s shares, while institutions hold 19.86% stake in the company.
Earnings Estimates
The company has HYIN analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $1.42, with high estimates of $0.65 and low estimates of $8.01.
Analysts are recommending an EPS of between $Consumer Cyclical and $Healthcare for the fiscal current year, implying an average EPS of $Consumer Cyclical.
