The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Hyliion Holdings Corporation (AMEX: HYLN) closed at $1.38 down -4.83% from its previous closing price of $1.45. In other words, the price has decreased by -$4.83 from its previous closing price. On the day, 1.49 million shares were traded.
Ratios:
For a deeper understanding of Hyliion Holdings Corporation’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.85 and its Current Ratio is at 13.85. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 120.91 while its Price-to-Book (P/B) ratio in mrq is 1.06.
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 $1.17. The 50-Day Moving Average of the stock is -8.55%, while the 200-Day Moving Average is calculated to be -36.03%.
Shares Statistics:
A total of 175.23M shares are outstanding, with a floating share count of 117.91M. Insiders hold about 33.06% of the company’s shares, while institutions hold 29.64% stake in the company.
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 $3.3M. There is a high estimate of $3.3M for the next quarter, whereas the lowest estimate is $3.3M.
A total of 1 analysts have provided revenue estimates for HYLN’s current fiscal year. The highest revenue estimate was $21.6M, while the lowest revenue estimate was $21.6M, resulting in an average revenue estimate of $21.6M. In the same quarter a year ago, actual revenue was $1.51MBased on 1 analysts’ estimates, the company’s revenue will be $35.5M in the next fiscal year. The high estimate is $35.5M and the low estimate is $35.5M.
