In today’s recent session, 0.43 million shares of the Hyliion Holdings Corporation (AMEX:HYLN) have been traded, and its beta is 2.50. Most recently the company’s share price was $1.58, and it changed around -$0.03 or -1.81% from the last close, which brings the market valuation of the company to $276.36M. HYLN at last check was trading at a discount to its 52-week high of $4.09, offering almost -158.86% off that amount. The share price’s 52-week low was $1.21, which indicates that the recent value has risen by an impressive 23.42% since then. We note from Hyliion Holdings Corporation’s average daily trading volume that its 10-day average is 0.97 million shares, with the 3-month average coming to 1.05 million.
Hyliion Holdings Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended HYLN as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Hyliion Holdings Corporation is expected to report earnings per share of 0 for the current quarter.
Hyliion Holdings Corporation (AMEX:HYLN) trade information
Instantly HYLN has been showing red trend so far today with a performance of -1.81% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.6800 on recent trading dayincreased the stock’s daily price by 5.95%. The company’s shares are currently down -39.43% year-to-date, but still down -4.77% over the last five days. On the other hand, Hyliion Holdings Corporation (AMEX:HYLN) is -14.09% down in the 30-day period. We can see from the shorts that 16.86 million shares have been sold at a short interest cover period of 15.93 day(s).
The consensus price target as assigned by Wall Street analysts is $3.12, which translates to bulls needing to increase their stock price by 49.36% from its current value. Analyst projections state that HYLN is forecast to be at a low of $2.25 and a high of $4.
Hyliion Holdings Corporation (HYLN) estimates and forecasts
The year-over-year growth rate is expected to be 725.05%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1.1M in revenue for the current quarter. 1 analysts expect Hyliion Holdings Corporation to make 1.15M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 0.00%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.81%. Hyliion Holdings Corporation earnings are expected to increase by 0.00% in 2025, but the outlook is positive 5.90% per year for the next five years.
Hyliion Holdings Corporation (AMEX:HYLN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 31.47% of Hyliion Holdings Corporation shares, and 27.49% of them are in the hands of institutional investors. The stock currently has a share float of 40.12%. Hyliion Holdings Corporation stock is held by 163.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.4411% of the shares, which is about 9.46 million shares worth $15.32 million.
VANGUARD GROUP INC, with 4.0622% or 7.25 million shares worth $11.75 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 4.14 shares worth $6.46 million, making up 2.38% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 3.87 shares worth around $6.04 million, which represents about 2.23% of the total shares outstanding.
