In the last trading session, 1.09 million Hyliion Holdings Corporation (AMEX:HYLN) shares changed hands as the company’s beta touched 2.22. With the company’s per share price at $1.84 changed hands at -$0.02 or -1.08% during last session, the market valuation stood at $319.68M. HYLN’s last price was a discount, traded about -122.28% off its 52-week high of $4.09. The share price had its 52-week low at $1.21, which suggests the last value was 34.24% up since then.
Analysts gave the Hyliion Holdings Corporation (HYLN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended HYLN as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Hyliion Holdings Corporation’s EPS for the current quarter is expected to be 0.
Hyliion Holdings Corporation (AMEX:HYLN) trade information
Instantly HYLN was in red as seen at the end of in last trading. With action -11.96%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -29.50%, with the 5-day performance at -11.96% in the red. However, in the 30-day time frame, Hyliion Holdings Corporation (AMEX:HYLN) is -26.10% down.
The consensus price target for the stock as assigned by Wall Street analysts is 3.12, meaning bulls need an upside of 41.03% from its current market value. According to analyst projections, HYLN’s forecast low is 2.25 with 4 as the target high. To hit the forecast high, the stock’s price needs a -117.39% plunge from its current level, while the stock would need to soar -22.28% for it to hit the projected low.
Hyliion Holdings Corporation (HYLN) estimates and forecasts
Year-over-year growth is forecast to reach 1,331.41% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 800k. 1 analysts are of the opinion that Hyliion Holdings Corporation’s revenue for the current quarter will be 2.9M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
HYLN Dividends
Hyliion Holdings Corporation is expected to release its next quarterly earnings report in March.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.0622% or 7.25 million shares worth $11.75 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 4.32 shares estimated at $7.95 million under it, the former controlled 2.49% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.29% of the shares, roughly 3.97 shares worth around $7.31 million.
