Should I buy or sell Hyliion stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hyliion in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" HYLN shares. View HYLN analyst ratings or view top-rated stocks .

What is Hyliion's stock price target for 2024?

3 Wall Street analysts have issued 12-month price objectives for Hyliion's stock. Their HYLN share price targets range from $1.00 to $1.50. On average, they anticipate the company's stock price to reach $1.25 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View analysts price targets for HYLN or view top-rated stocks among Wall Street analysts .

How have HYLN shares performed in 2024?

Hyliion's stock was trading at $0.8137 at the beginning of 2024. Since then, HYLN stock has increased by 62.2% and is now trading at $1.32. View the best growth stocks for 2024 here .

Are investors shorting Hyliion?

Hyliion saw a increase in short interest in March. As of March 31st, there was short interest totaling 9,350,000 shares, an increase of 16.3% from the March 15th total of 8,040,000 shares. Based on an average daily volume of 1,250,000 shares, the short-interest ratio is currently 7.5 days. Currently, 7.5% of the shares of the stock are short sold. View Hyliion's Short Interest .

When is Hyliion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our HYLN earnings forecast .

How were Hyliion's earnings last quarter?

Hyliion Holdings Corp. (NYSE:HYLN) posted its earnings results on Tuesday, February, 13th. The company reported ($0.11) earnings per share for the quarter, hitting the consensus estimate of ($0.11). Hyliion had a negative net margin of 7,004.36% and a negative trailing twelve-month return on equity of 31.38%. During the same period in the previous year, the firm earned ($0.16) earnings per share.

What ETF holds Hyliion's stock?

ALPS Clean Energy ETF holds 539,662 shares of HYLN stock, representing 0.21% of its portfolio.

What other stocks do shareholders of Hyliion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hyliion investors own include Tortoise Acquisition (SHLL) , NIO (NIO) , Workhorse Group (WKHS) , Sorrento Therapeutics (SRNE) , Boeing (BA) , DraftKings (DKNG) , DiamondPeak (DPHC) , Nikola (NKLA) , Tesla (TSLA) and Carnival Co. & (CCL) .

How do I buy shares of Hyliion?

Shares of HYLN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:HYLN

Hyliion (HYLN) Stock Price, News & Analysis

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Free HYLN Stock Alerts

$1.32

-0.10 (-7.04%)

(As of 04/15/2024 ET)

Compare

Today's Range: $1.31
▼
$1.44
50-Day Range: $1.06
▼
$1.90
52-Week Range: $0.52
▼
$2.29

Volume: 884,302 shs
Average Volume: 1.23 million shs
Market Capitalization: $241.84 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.25

Get Hyliion alerts:

Hyliion MarketRank™ Stock Analysis

Analyst Rating: Sell
1.33 Rating Score
Upside/Downside: 5.3% Downside
$1.25 Price Target
Short Interest: Bearish
7.53% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.47
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.04 out of 5 stars

Auto/Tires/Trucks Sector

82nd out of 82 stocks

Truck & Bus Bodies Industry

4th out of 4 stocks

0.7

Analyst's Opinion

Consensus Rating
Hyliion has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.
Amount of Analyst Coverage
Hyliion has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.53% of the float of Hyliion has been sold short.
Short Interest Ratio / Days to Cover
Hyliion has a short interest ratio ("days to cover") of 7.5.
Change versus previous month
Short interest in Hyliion has recently increased by 16.29%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Hyliion does not currently pay a dividend.
Dividend Growth
Hyliion does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HYLN.

1.9

News and Social Media Coverage

News Sentiment
Hyliion has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Hyliion this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for HYLN on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hyliion insiders have not sold or bought any company stock.
Percentage Held by Insiders
19.20% of the stock of Hyliion is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 22.81% of the stock of Hyliion is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Hyliion is -1.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hyliion is -1.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Hyliion has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Hyliion Stock (NYSE:HYLN)

Hyliion Holdings Corp. engages in the design, development, and sale of power generators for stationary and mobile applications in the United States. It offers KARNO generator system, a fuel-agnostic power generation solution. The company was founded in 2015 and is headquartered in Cedar Park, Texas.

HYLN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HYLN Stock News Headlines

March 26, 2024 | finance.yahoo.com

We're Keeping An Eye On Hyliion Holdings' (NYSE:HYLN) Cash Burn Rate

March 23, 2024 | uk.investing.com

Hyliion Holdings Corp (HYLN)

April 16, 2024 | InvestorPlace (Ad)

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March 18, 2024 | finance.yahoo.com

Hyliion Hosts a KARNOTM Technology Showcase Event at its New Cincinnati, Ohio, Facility

March 16, 2024 | finance.yahoo.com

HYLN Apr 2024 1.500 put

March 11, 2024 | bizjournals.com

Hyliion's new incentives deal accounts for 'expected growth' in Cedar Park after layoffs, officials say

March 8, 2024 | investorplace.com

Avoid the Carnage: 3 EV Stocks That Belong in a Crash Site

March 4, 2024 | businesswire.com

Hyliion Regains Compliance with NYSE Continued Listing Standards

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

February 26, 2024 | finance.yahoo.com

HYLN Oct 2024 1.500 call

February 26, 2024 | finance.yahoo.com

HYLN Oct 2024 1.000 put

February 25, 2024 | ca.finance.yahoo.com

HYLN Jul 2024 1.000 call

February 25, 2024 | benzinga.com

Hyliion Holdings Stock (NYSE:HYLN) Earnings Dates and Earning Calls

February 16, 2024 | finance.yahoo.com

HYLN Mar 2024 1.500 put

February 15, 2024 | finance.yahoo.com

Hyliion Holdings Corp. (NYSE:HYLN) Q4 2023 Earnings Call Transcript

February 15, 2024 | ca.finance.yahoo.com

HYLN Feb 2024 3.000 call

February 14, 2024 | marketwatch.com

Hyliion Holdings: Dennis Gallagher Will Depart From COO Role Feb. 29 in Connection With Company Transition Away From Powertrain Business

February 13, 2024 | finance.yahoo.com

Hyliion Holdings Corp (HYLN) Embraces KARNO Generator Development Amid Powertrain Wind-Down

February 13, 2024 | finance.yahoo.com

Hyliion Holdings Reports Fourth-Quarter and Full-Year 2023 Financial Results

February 13, 2024 | businesswire.com

Hyliion Holdings Reports Fourth-Quarter and Full-Year 2023 Financial Results

February 12, 2024 | benzinga.com

Earnings Preview: Hyliion Holdings

February 9, 2024 | finance.yahoo.com

Hyliion Names a Power Generation Industry Veteran Govi Ramasamy as Chief Commercial Officer

February 6, 2024 | finance.yahoo.com

Hyliion Holdings Corp. (NYSE:HYLN) most popular amongst individual investors who own 50%, insiders hold 22%

February 2, 2024 | finance.yahoo.com

Hyliion Holdings Schedules Fourth-Quarter and Full-Year 2023 Financial Results Conference Call and Webcast for February 14, 2024

January 24, 2024 | msn.com

Hyliion tracks higher after updating on printing production for KARNO generator

January 24, 2024 | finance.yahoo.com

Hyliion Begins Printing Production-Intent Design Components of the KARNO™ Generator

January 21, 2024 | thestreet.com

Hyliion Holdings Corp. Class A

See More Headlines

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Truck & bus bodies
Sub-Industry: N/A
Current Symbol: NYSE:HYLN
CUSIP: N/A
CIK: 1759631
Web: www.hyliion.com
Phone: (833) 495-4466
Fax: N/A
Employees: 85
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.25
High Stock Price Target: $1.50
Low Stock Price Target: $1.00
Potential Upside/Downside: -5.3%
Consensus Rating: Sell
Rating Score (0-4): 1.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.68)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-123,510,000.00
Net Margins: -7,004.36%
Pretax Margin: -7,004.36%
Return on Equity: -31.38%
Return on Assets: -29.45%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 14.72
Quick Ratio: 14.71

Sales & Book Value

Annual Sales: $670,000.00
Price / Sales: 360.95
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.36 per share
Price / Book: 0.56

Miscellaneous

Outstanding Shares: 183,210,000
Free Float: 148,032,000
Market Cap: $241.84 million
Optionable: Optionable
Beta: 1.72

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Key Executives

Mr. Thomas J. Healy (Age 31)
Founder, President, CEO & Director
Comp: $1.19M
Mr. Jon T. Panzer (Age 57)
Chief Financial Officer
Comp: $565.13k
Mr. Jose Miguel Oxholm (Age 57)
Chief Legal & Compliance Officer
Comp: $553.66k
Ms. Cheri L. Lantz (Age 48)
Chief Strategy Officer
Comp: $605.04k
Josh Mook
Chief Technology Officer
Mr. Kellen Michael Ferris
Director of Investor Relations
Mr. Govindaraj Ramasamy
Chief Commercial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HYLN Stock Analysis - Frequently Asked Questions

Should I buy or sell Hyliion stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hyliion in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" HYLN shares.
View HYLN analyst ratings or view top-rated stocks.
What is Hyliion's stock price target for 2024?: 3 Wall Street analysts have issued 12-month price objectives for Hyliion's stock. Their HYLN share price targets range from $1.00 to $1.50. On average, they anticipate the company's stock price to reach $1.25 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
View analysts price targets for HYLN or view top-rated stocks among Wall Street analysts.
How have HYLN shares performed in 2024?: Hyliion's stock was trading at $0.8137 at the beginning of 2024. Since then, HYLN stock has increased by 62.2% and is now trading at $1.32.
View the best growth stocks for 2024 here.
Are investors shorting Hyliion?: Hyliion saw a increase in short interest in March. As of March 31st, there was short interest totaling 9,350,000 shares, an increase of 16.3% from the March 15th total of 8,040,000 shares. Based on an average daily volume of 1,250,000 shares, the short-interest ratio is currently 7.5 days. Currently, 7.5% of the shares of the stock are short sold.
View Hyliion's Short Interest.
When is Hyliion's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our HYLN earnings forecast.

How were Hyliion's earnings last quarter?: Hyliion Holdings Corp. (NYSE:HYLN) posted its earnings results on Tuesday, February, 13th. The company reported ($0.11) earnings per share for the quarter, hitting the consensus estimate of ($0.11). Hyliion had a negative net margin of 7,004.36% and a negative trailing twelve-month return on equity of 31.38%. During the same period in the previous year, the firm earned ($0.16) earnings per share.
What ETF holds Hyliion's stock?: ALPS Clean Energy ETF holds 539,662 shares of HYLN stock, representing 0.21% of its portfolio.
What other stocks do shareholders of Hyliion own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hyliion investors own include Tortoise Acquisition (SHLL), NIO (NIO), Workhorse Group (WKHS), Sorrento Therapeutics (SRNE), Boeing (BA), DraftKings (DKNG), DiamondPeak (DPHC), Nikola (NKLA), Tesla (TSLA) and Carnival Co. & (CCL).
How do I buy shares of Hyliion?: Shares of HYLN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HYLN) was last updated on 4/16/2024 by MarketBeat.com Staff

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