The 12-Month Price Target For Li-Cycle Holdings Corp (NYSE:LICY) Is Now 13.

In last trading session, Li-Cycle Holdings Corp (NYSE:LICY) saw 1.24 million shares changing hands with its beta currently measuring 1.38. Company’s recent per share price level of $0.99 trading at $0.02 or 2.44% at ring of the bell on the day assigns it a market valuation of $35.20M. That closing price of LICY’s stock is at a discount of -1451.52% from its 52-week high price of $15.36 and is indicating a premium of 22.22% from its 52-week low price of $0.77.

For Li-Cycle Holdings Corp (LICY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.61 in the current quarter.

Li-Cycle Holdings Corp (NYSE:LICY) trade information

Upright in the green during last session for gaining 2.44%, in the last five days LICY remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $0.99 price level, adding 5.71% to its value on the day. Li-Cycle Holdings Corp’s shares saw a change of -44.49% in year-to-date performance and have moved 22.12% in past 5-day. Li-Cycle Holdings Corp (NYSE:LICY) showed a performance of -12.06% in past 30-days.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 87.62% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would drop -607.07% in reaching the projected high whereas dropping to the targeted low would mean a loss of -607.07% for stock’s current value.

Li-Cycle Holdings Corp (LICY) estimates and forecasts

This year revenue growth is estimated to rise 58.47% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 8M for the same. And 1 analysts are in estimates of company making revenue of 7.39M in the next quarter. Company posted 6.4M and 4.2M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 61.49% while estimates for its earnings growth in next 5 years are of 29.35%.

Li-Cycle Holdings Corp (NYSE:LICY)’s Major holders

is the top institutional holder at LICY for having 19605.0 shares of worth $13247.0. And as of 2024-06-30, it was holding 0.011 of the company’s outstanding shares.

The second largest institutional holder is IFP ADVISORS, INC, which was holding about 189.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0001 of outstanding shares, having a total worth of $90.0.

On the other hand, GMO Resources Fund and GMO Climate Change Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 217.51 shares of worth $0.22 million or 0.94% of the total outstanding shares. The later fund manager was in possession of 166.69 shares on Nov 30, 2024 , making its stake of worth around $0.17 million in the company or a holder of 0.72% of company’s stock.