NYSE:LICY

Li-Cycle (LICY) Stock Price, News & Analysis

$0.71
+0.00 (+0.31%)
(As of 02:16 PM ET)
Today's Range
$0.69
$0.75
50-Day Range
$0.36
$1.34
52-Week Range
$0.35
$6.16
Volume
1.11 million shs
Average Volume
7.00 million shs
Market Capitalization
$126.70 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.25

Li-Cycle MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
637.0% Upside
$5.25 Price Target
Short Interest
Healthy
9.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
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.

1.23 out of 5 stars

Computer And Technology Sector

505th out of 594 stocks

Sanitary Services Industry

3rd out of 3 stocks

LICY stock logo

About Li-Cycle Stock (NYSE:LICY)

Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. The company offers a mix of cathode and anode battery materials, including lithium, nickel, and cobalt, as well as graphite, copper, and aluminum; and copper and aluminum metals. It also provides hub products, such as lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. Li-Cycle Holdings Corp. is headquartered in Toronto, Canada.

LICY Stock Price History

LICY Stock News Headlines

Forget Bitcoin: This $8 Stock Is the Next Big Thing
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Li-Cycle Provides Organizational Structure Update
Forget Bitcoin: This $8 Stock Is the Next Big Thing
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Li-Cycle Holdings: Not A Buy After The Recent Run-Up
Li-Cycle Reports Full Year 2023 Results
Li-Cycle shares rally as Glencore ups investment
Li-Cycle 48 Hour Deadline Alert
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Today
5/03/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sanitary services
Sub-Industry
N/A
Fax
N/A
Employees
384
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.25
High Stock Price Target
$8.00
Low Stock Price Target
$0.75
Potential Upside/Downside
+644.4%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-138,000,000.00
Net Margins
-754.10%
Pretax Margin
-753.55%

Debt

Sales & Book Value

Annual Sales
$18.30 million
Book Value
$2.11 per share

Miscellaneous

Free Float
147,421,000
Market Cap
$126.31 million
Optionable
Optionable
Beta
1.52
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LICY Stock Analysis - Frequently Asked Questions

Should I buy or sell Li-Cycle stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Li-Cycle in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LICY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LICY, but not buy additional shares or sell existing shares.
View LICY analyst ratings
or view top-rated stocks.

What is Li-Cycle's stock price target for 2024?

5 Wall Street analysts have issued 1 year target prices for Li-Cycle's stock. Their LICY share price targets range from $0.75 to $8.00. On average, they expect the company's share price to reach $5.25 in the next year. This suggests a possible upside of 637.0% from the stock's current price.
View analysts price targets for LICY
or view top-rated stocks among Wall Street analysts.

How have LICY shares performed in 2024?

Li-Cycle's stock was trading at $0.5848 on January 1st, 2024. Since then, LICY stock has increased by 21.8% and is now trading at $0.7123.
View the best growth stocks for 2024 here
.

Are investors shorting Li-Cycle?

Li-Cycle saw a decrease in short interest in March. As of March 31st, there was short interest totaling 11,910,000 shares, a decrease of 40.7% from the March 15th total of 20,080,000 shares. Based on an average daily trading volume, of 8,310,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 9.9% of the company's stock are short sold.
View Li-Cycle's Short Interest
.

When is Li-Cycle's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our LICY earnings forecast
.

How were Li-Cycle's earnings last quarter?

Li-Cycle Holdings Corp. (NYSE:LICY) announced its quarterly earnings data on Friday, March, 15th. The company reported $0.38 earnings per share for the quarter. The firm had revenue of $6.40 million for the quarter, compared to analysts' expectations of $3.53 million. Li-Cycle had a negative trailing twelve-month return on equity of 13.33% and a negative net margin of 754.10%.

Who are Li-Cycle's major shareholders?

Li-Cycle's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.04%), Allspring Global Investments Holdings LLC (0.04%), Aaron Wealth Advisors LLC (0.04%), Mirae Asset Global Investments Co. Ltd. (0.03%), Oak Harbor Wealth Partners LLC (0.03%) and Simplicity Wealth LLC (0.02%). Insiders that own company stock include Carl Deluca, Christopher J Biederman, Debbie Simpson and Timothy Johnston.
View institutional ownership trends
.

How do I buy shares of Li-Cycle?

Shares of LICY 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:LICY) was last updated on 5/3/2024 by MarketBeat.com Staff

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