The closing price of Li-Cycle Holdings Corp (NYSE: LICY) was $1.35 for the day, up 22.73% from the previous closing price of $1.10. In other words, the price has increased by $+0.2500 from its previous closing price. On the day, 93197148 shares were traded. LICY stock price reached its highest trading level at $1.9200 during the session, while it also had its lowest trading level at $1.1500.
Ratios:
Our analysis of LICY’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 196.95M and an Enterprise Value of 477.35M. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.21 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 26.08 whereas that against EBITDA is -3.93.
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 0.4763, while the 200-Day Moving Average is calculated to be 2.7138.
Shares Statistics:
LICY traded an average of 6.33M shares per day over the past three months and 21.58M 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 34.66% stake in the company. Shares short for LICY as of Feb 29, 2024 were 14.88M with a Short Ratio of 2.35, compared to 13.62M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.35% and a Short% of Float of 12.46%.
Earnings Estimates
The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.18, while EPS last year was -$0.22. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.16 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.4 and -$0.67 for the fiscal current year, implying an average EPS of -$0.57. EPS for the following year is -$0.57, with 3 analysts recommending between -$0.42 and -$0.67.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $6.87M to a low estimate of $4.77M. As of the current estimate, Li-Cycle Holdings Corp’s year-ago sales were $8.12M, an estimated decrease of -28.30% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for LICY’s current fiscal year. The highest revenue estimate was $36.14M, while the lowest revenue estimate was $10.1M, resulting in an average revenue estimate of $22.36M. In the same quarter a year ago, actual revenue was $18.3M, up 22.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $54.81M in the next fiscal year. The high estimate is $107M and the low estimate is $21.99M. The average revenue growth estimate for next year is up 145.10% from the average revenue estimate for this year.
