Li-Cycle Stock Today

LICY
 Stock
  

USD 7.22  0.06  0.84%   

Market Performance
0 of 100
Odds Of Distress
Less than 38
Li-Cycle Holdings is trading at 7.22 as of the 18th of August 2022; that is 0.84 percent up since the beginning of the trading day. The stock's open price was 7.16. Li-Cycle Holdings has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Li-Cycle Holdings Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of May 2021 and ending today, the 18th of August 2022. Please note, there could be an existing legal relationship between Li-Cycle Holdings Corp (LICY) and LI-CYCLE HOLDINGS CORP (LICY.WS). Click here to learn more.
Fiscal Year End
October
IPO Date
16th of November 2020
Category
Industrials
ISIN
CA50202P1053
Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. It also provides lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. Li-Cycle Holdings operates under Waste Management classification in the United States and is traded on New York Stock Exchange. The company has 163.18 M outstanding shares of which 7.84 M shares are now shorted by private and institutional investors with about 3.4 trading days to cover. More on Li-Cycle Holdings Corp

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Li-Cycle Holdings 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. Li-Cycle Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Li-Cycle Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Li-Cycle Holdings has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 18.59 M. Net Loss for the year was (203.97 M) with profit before overhead, payroll, taxes, and interest of 4.27 M.
Li-Cycle Holdings Corp currently holds about 509.32 M in cash with (53.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.92.
Li-Cycle Holdings has a poor financial position based on the latest SEC disclosures
Roughly 22.0% of the company outstanding shares are owned by corporate insiders
Latest headline from finance.yahoo.com: Li-Cycle Announces Appointment of Jacqueline Dedo to Board of Directors - Yahoo Finance
Related EntityLICY.WS (LI-CYCLE HOLDINGS CORP)
CEOAjay Kochhar
SEC FilingsLi-Cycle Holdings Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Li-Cycle Holdings report their recommendations after researching Li-Cycle Holdings' financial statements, talking to executives and customers, or listening in on Li-Cycle Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Li-Cycle Holdings Corp. The Li-Cycle consensus assessment is calculated by taking the average forecast from all of the analysts covering Li-Cycle Holdings.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Li-Cycle Holdings Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Li-Cycle Holdings Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares156.9 M187.7 M
Fairly Down
Increasing
Slightly volatile
Total Assets825.3 M764.9 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities287.2 M266.1 M
Significantly Up
Increasing
Slightly volatile
Current Assets759.1 M703.5 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities26.8 M24.8 M
Significantly Up
Increasing
Slightly volatile
Total Debt161.7 M149.8 M
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.04360.0333
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Li-Cycle Holdings' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Financial Strength
Li-Cycle Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Li-Cycle 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 Li-Cycle Holdings' financial leverage. It provides some insight into what part of Li-Cycle Holdings' total assets is financed by creditors.
Share Download
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By using current balance sheet information, investors can analyze the liability, assets, and equity on Li-Cycle 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 Li-Cycle Holdings deploys its capital and how much of that capital is borrowed.
Liquidity
Li-Cycle 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 123.54 M in liabilities with Debt to Equity (D/E) ratio of 0.25, which may suggest the company is not taking enough advantage from borrowing. Li-Cycle Holdings Corp has a current ratio of 11.04, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Li-Cycle Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Li-Cycle 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 Li-Cycle Holdings Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Li-Cycle to invest in growth at high rates of return. When we think about Li-Cycle Holdings' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(25.75 Million)
Li-Cycle Holdings Corp (LICY) is traded on New York Stock Exchange in USA. It is located in 207 Queen’s Quay West and employs 155 people. Li-Cycle Holdings is listed under Waste Management category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Li-Cycle Holdings's market, we take the total number of its shares issued and multiply it by Li-Cycle 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 these looking for more risk prefer small-cap and mid-cap equities. Li-Cycle Holdings Corp conducts business under Industrials sector and is part of Waste Management industry. The entity has 163.18 M outstanding shares of which 7.84 M shares are now shorted by private and institutional investors with about 3.4 trading days to cover. Li-Cycle Holdings Corp currently holds about 509.32 M in cash with (53.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.92.
Check Li-Cycle Holdings Probability Of Bankruptcy
Ownership
Li-Cycle Holdings Corp secures a total of one hundred sixty-three million one hundred eighty thousand outstanding shares. Li-Cycle Holdings Corp shows noticeable 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 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. Please note that no matter how much assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Li-Cycle Ownership Details

Li-Cycle Stock Price Odds Analysis

What are Li-Cycle Holdings' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Li-Cycle Holdings jumping above the current price in 90 days from now is about 47.25%. The Li-Cycle Holdings Corp probability density function shows the probability of Li-Cycle 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 1.0233. This indicates Li-Cycle Holdings Corp market returns are sensitive to returns on the market. As the market goes up or down, Li-Cycle Holdings is expected to follow. Additionally, the company has an alpha of 0.0036, implying that it can generate a 0.003586 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 7.22HorizonTargetOdds Above 7.22
52.58%90 days
 7.22 
47.25%
Based on a normal probability distribution, the odds of Li-Cycle Holdings to move above the current price in 90 days from now is about 47.25 (This Li-Cycle Holdings Corp probability density function shows the probability of Li-Cycle Stock to fall within a particular range of prices over 90 days) .

Li-Cycle Holdings Historical Income Statement

Li-Cycle Holdings Corp Income Statement is one of the three primary financial statements used for reporting Li-Cycle's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Li-Cycle Holdings Corp revenue and expense. Li-Cycle Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Li-Cycle Holdings Cost of Revenue is fairly stable at the moment as compared to the past year. Li-Cycle Holdings reported Cost of Revenue of 27.03 Million in 2021. Interest Expense is likely to rise to about 3.8 M in 2022, whereas Consolidated Income is likely to drop (209.3 M) in 2022. View More Fundamentals

Li-Cycle Stock Against Markets

Picking the right benchmark for Li-Cycle 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 Li-Cycle 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 Li-Cycle Holdings is critical whether you are bullish or bearish towards Li-Cycle Holdings Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Li-Cycle Holdings without increasing your portfolio risk or giving up 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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Li-Cycle Holdings Corporate Management

Elected by the shareholders, the Li-Cycle Holdings' board of directors comprises two types of representatives: Li-Cycle Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Li-Cycle. The board's role is to monitor Li-Cycle Holdings' management team and ensure that shareholders' interests are well served. Li-Cycle Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Li-Cycle Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Anthony Tse - Independent DirectorProfile
Tim Johnston - Executive Chairman of the Board, Co-FounderProfile
Dawei Li - Regional President APACProfile
Mark Wellings - Independent DirectorProfile
Kunal Phalpher - Chief Strategy OfficerProfile

Invested in Li-Cycle Holdings Corp?

You need to understand the risk of investing before taking a position in Li-Cycle Holdings. The danger of trading Li-Cycle 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 Li-Cycle 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 Li-Cycle Holdings. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Li-Cycle 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.
Additionally, see Stocks Correlation. Note that the Li-Cycle Holdings Corp information on this page should be used as a complementary analysis to other Li-Cycle Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Li-Cycle Holdings Corp price analysis, check to measure Li-Cycle 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 Li-Cycle Holdings is operating at the current time. Most of Li-Cycle Holdings' value examination focuses on studying past and present price action to predict the probability of Li-Cycle Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Li-Cycle Holdings' price. Additionally, you may evaluate how the addition of Li-Cycle Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Li-Cycle 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 Li-Cycle Holdings. If investors know Li-Cycle 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 Li-Cycle Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.4 B
Quarterly Revenue Growth YOY
32.62
Return On Assets
-0.1
Return On Equity
-0.81
The market value of Li-Cycle Holdings Corp is measured differently than its book value, which is the value of Li-Cycle that is recorded on the company's balance sheet. Investors also form their own opinion of Li-Cycle Holdings' value that differs from its market value or its book value, called intrinsic value, which is Li-Cycle 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 Li-Cycle Holdings' market value can be influenced by many factors that don't directly affect Li-Cycle 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 Li-Cycle Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Li-Cycle Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Li-Cycle 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.