Market Watch: Hyliion Holdings Corporation (HYLN)’s Noteworthy Drop, Closing at 3.00

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As of close of business last night, Hyliion Holdings Corporation’s stock clocked out at $3.00, down -0.33% from its previous closing price of $3.01. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 1.0 million shares were traded. HYLN stock price reached its highest trading level at $3.0489 during the session, while it also had its lowest trading level at $2.88.

Ratios:

To gain a deeper understanding of HYLN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.62 and its Current Ratio is at 17.62. In the meantime, Its Debt-to-Equity ratio is 0.03 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:

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 22 ’24 when Cubbage Vincent T. sold 65,000 shares for $3.90 per share. The transaction valued at 253,500 led to the insider holds 972,078 shares of the business.

Craig Jeffrey A bought 50,000 shares of HYLN for $147,500 on Nov 20 ’24. The Director now owns 282,060 shares after completing the transaction at $2.95 per share. On Sep 11 ’24, another insider, RAMASAMY GOVINDARAJ, who serves as the Chief Commercial Officer of the company, bought 30,000 shares for $1.92 each. As a result, the insider paid 57,600 and bolstered with 298,000 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 521201984 and an Enterprise Value of 340876288. Its current Enterprise Value per Revenue stands at 3550.795 whereas that against EBITDA is -4.234.

Stock Price History:

Over the past 52 weeks, HYLN has reached a high of $4.09, while it has fallen to a 52-week low of $0.59. The 50-Day Moving Average of the stock is 6.35%, while the 200-Day Moving Average is calculated to be 48.56%.

Shares Statistics:

It appears that HYLN traded 1.24M shares on average per day over the past three months and 1414240 shares per day over the past ten days. A total of 173.73M shares are outstanding, with a floating share count of 118.96M. Insiders hold about 31.53% of the company’s shares, while institutions hold 25.51% stake in the company. Shares short for HYLN as of 1728950400 were 11666396 with a Short Ratio of 10.02, compared to 1726185600 on 11521057. Therefore, it implies a Short% of Shares Outstanding of 11666396 and a Short% of Float of 8.469999999999999.

Earnings Estimates

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 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $750M. There is a high estimate of $750M for the next quarter, whereas the lowest estimate is $750M.

A total of 1 analysts have provided revenue estimates for HYLN’s current fiscal year. The highest revenue estimate was $500M, while the lowest revenue estimate was $500M, resulting in an average revenue estimate of $500M. In the same quarter a year ago, actual revenue was $672kBased on 1 analysts’ estimates, the company’s revenue will be $21.55B in the next fiscal year. The high estimate is $21.55B and the low estimate is $21.55B.

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