The price of Li-Cycle Holdings Corp (NYSE: LICY) closed at $1.07 in the last session, up 5.94% from day before closing price of $1.01. In other words, the price has increased by $+0.0600 from its previous closing price. On the day, 4575381 shares were traded. LICY stock price reached its highest trading level at $1.0900 during the session, while it also had its lowest trading level at $0.9594.
Ratios:
We take a closer look at LICY’s different ratios to gain a better understanding of the stock. 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:
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 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 191.58M and an Enterprise Value of 471.98M. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.47 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 25.79 whereas that against EBITDA is -3.89.
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 0.6196, while the 200-Day Moving Average is calculated to be 2.4332.
Shares Statistics:
According to the various share statistics, LICY traded on average about 8.49M shares per day over the past 3-months and 8.29M shares per day over the past 10 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 32.61% stake in the company. Shares short for LICY as of Mar 15, 2024 were 20.08M with a Short Ratio of 2.36, 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
The company has 1 analysts who recommend its stock at the moment. 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
According to 1 analysts, the current quarter’s revenue is expected to be $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.
