Hyliion Holdings Corp Stock Today

HYLN Stock  USD 1.31  0.02  1.55%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 19

 
High
 
Low
Low
Hyliion Holdings is selling at 1.31 as of the 23rd of April 2024; that is 1.55 percent increase since the beginning of the trading day. The stock's open price was 1.29. Hyliion Holdings has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Hyliion Holdings Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
22nd of April 2019
Category
Consumer Cyclical
Classification
Industrials
Hyliion Holdings Corp. designs, develops, and sells electrified powertrain solutions for the commercial vehicle industry. The company was founded in 2015 and is headquartered in Cedar Park, Texas. Hyliion Hldg operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. The company has 175.36 M outstanding shares of which 9.35 M shares are currently shorted by private and institutional investors with about 8.44 trading days to cover. More on Hyliion Holdings Corp

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Hyliion Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hyliion Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hyliion Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOThomas Healy
Business ConcentrationIndustrial Machinery & Supplies & Components, Capital Goods, Consumer Cyclical, NYSE Composite, Industrials, Machinery, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Hyliion Holdings report their recommendations after researching Hyliion Holdings' financial statements, talking to executives and customers, or listening in on Hyliion Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hyliion Holdings Corp. The Hyliion consensus assessment is calculated by taking the average forecast from all of the analysts covering Hyliion Holdings.
Financial Strength
Based on the key indicators related to Hyliion Holdings' liquidity, profitability, solvency, and operating efficiency, Hyliion Holdings Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Hyliion Holdings Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00190.002
Significantly Down
Slightly volatile
Total Current Liabilities12 M15.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total8.1 MM
Fairly Up
Slightly volatile
Total Assets444.1 M328.4 M
Significantly Up
Slightly volatile
Total Current Assets276.6 M181.7 M
Way Up
Slightly volatile
Hyliion Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hyliion Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hyliion Holdings' financial leverage. It provides some insight into what part of Hyliion Holdings' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hyliion Holdings' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hyliion Holdings deploys its capital and how much of that capital is borrowed.
Liquidity
Hyliion Holdings cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 7.64 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Hyliion Holdings Corp has a current ratio of 23.02, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Hyliion Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Hyliion Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hyliion Holdings Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hyliion to invest in growth at high rates of return. When we think about Hyliion Holdings' use of debt, we should always consider it together with cash and equity.

Depreciation

3.69 Million
Hyliion Holdings Corp (HYLN) is traded on New York Stock Exchange in USA. It is located in 1202 BMC Drive, Cedar Park, TX, United States, 78613 and employs 85 people. Hyliion Holdings is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 226.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hyliion Holdings's market, we take the total number of its shares issued and multiply it by Hyliion Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hyliion Holdings Corp conducts business under Machinery sector and is part of Industrials industry. The entity has 175.36 M outstanding shares of which 9.35 M shares are currently shorted by private and institutional investors with about 8.44 trading days to cover. Hyliion Holdings Corp currently holds about 387.08 M in cash with (116.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Hyliion Holdings Probability Of Bankruptcy
Ownership Allocation
Hyliion Holdings secures a total of 175.36 Million outstanding shares. Hyliion Holdings secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Hyliion Ownership Details

Hyliion Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Hyliion Holdings jumping above the current price in 90 days from now is about 65.28%. The Hyliion Holdings Corp probability density function shows the probability of Hyliion Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 4.6486. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hyliion Holdings will likely underperform. Additionally, hyliion Holdings Corp has an alpha of 0.3633, implying that it can generate a 0.36 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1.31HorizonTargetOdds Above 1.31
34.63%90 days
 1.31 
65.28%
Based on a normal probability distribution, the odds of Hyliion Holdings to move above the current price in 90 days from now is about 65.28 (This Hyliion Holdings Corp probability density function shows the probability of Hyliion Stock to fall within a particular range of prices over 90 days) .

Hyliion Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Hyliion Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hyliion Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hyliion Holdings' value.
InstituionRecorded OnShares
Nuveen Asset Management, Llc2023-12-31
579.4 K
Bank Of New York Mellon Corp2023-12-31
577.3 K
Morgan Stanley - Brokerage Accounts2023-12-31
513.5 K
Bank Of America Corp2023-12-31
461.6 K
Jane Street Group, Llc2023-12-31
423.7 K
Susquehanna International Group, Llp2023-12-31
396.9 K
Goldman Sachs Group Inc2023-12-31
290.2 K
Tudor Investment Corp Et Al2023-12-31
248.8 K
Rhumbline Advisers2023-12-31
210.1 K
Blackrock Inc2023-12-31
9.9 M
Vanguard Group Inc2023-12-31
6.5 M
View Hyliion Holdings Diagnostics

Hyliion Holdings Historical Income Statement

Hyliion Holdings Corp Income Statement is one of the three primary financial statements used for reporting Hyliion's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hyliion Holdings Corp revenue and expense. Hyliion Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Hyliion Holdings' Interest Expense is very stable compared to the past year. As of the 23rd of April 2024, Net Interest Income is likely to grow to about 14.5 M, though EBIT is likely to grow to (119.6 M). View More Fundamentals

Hyliion Stock Against Markets

Picking the right benchmark for Hyliion Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hyliion Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hyliion Holdings is critical whether you are bullish or bearish towards Hyliion Holdings Corp at a given time. Please also check how Hyliion Holdings' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hyliion Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hyliion Holdings Corporate Directors

Hyliion Holdings corporate directors refer to members of a Hyliion Holdings board of directors. The board of directors generally takes responsibility for the Hyliion Holdings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hyliion Holdings' board members must vote for the resolution. The Hyliion Holdings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jeffrey CraigIndependent DirectorProfile
Robert KnightLead Independent DirectorProfile
Kellen FerrisDirector RelationsProfile
Mary GustanskiIndependent DirectorProfile

How to buy Hyliion Stock?

Before investing in Hyliion Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hyliion Holdings. To buy Hyliion Holdings stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hyliion Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Hyliion Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Hyliion Holdings Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Hyliion Holdings Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hyliion Holdings Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hyliion Stock please use our How to Invest in Hyliion Holdings guide.

Already Invested in Hyliion Holdings Corp?

The danger of trading Hyliion Holdings Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hyliion Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hyliion Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hyliion Holdings Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hyliion Holdings Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hyliion Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hyliion Holdings Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hyliion Holdings Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyliion Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Hyliion Holdings' price analysis, check to measure Hyliion Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hyliion Holdings is operating at the current time. Most of Hyliion Holdings' value examination focuses on studying past and present price action to predict the probability of Hyliion Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyliion Holdings' price. Additionally, you may evaluate how the addition of Hyliion Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Hyliion Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hyliion Holdings. If investors know Hyliion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hyliion Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.68)
Revenue Per Share
0.004
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.20)
Return On Equity
(0.34)
The market value of Hyliion Holdings Corp is measured differently than its book value, which is the value of Hyliion that is recorded on the company's balance sheet. Investors also form their own opinion of Hyliion Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hyliion Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hyliion Holdings' market value can be influenced by many factors that don't directly affect Hyliion Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hyliion Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyliion Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyliion Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.