Hyliion Holdings Corp. (NYSE:HYLN - Free Report) - Stock analysts at Northland Capmk issued their Q2 2024 earnings estimates for shares of Hyliion in a report issued on Tuesday, May 7th. Northland Capmk analyst D. Schafer anticipates that the company will post earnings of ($0.08) per share for the quarter. The consensus estimate for Hyliion's current full-year earnings is ($0.26) per share. Northland Capmk also issued estimates for Hyliion's Q3 2024 earnings at ($0.08) EPS and Q4 2024 earnings at ($0.08) EPS.
Hyliion (NYSE:HYLN - Get Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The company reported ($0.11) EPS for the quarter, hitting analysts' consensus estimates of ($0.11). Hyliion had a negative return on equity of 29.69% and a negative net margin of 7,004.36%. During the same quarter last year, the company posted ($0.16) earnings per share.
Hyliion Trading Down 3.4 %
Shares of HYLN traded down $0.05 during trading hours on Wednesday, reaching $1.43. 337,046 shares of the stock traded hands, compared to its average volume of 1,147,962. Hyliion has a 52 week low of $0.52 and a 52 week high of $2.29. The stock has a fifty day simple moving average of $1.56 and a 200 day simple moving average of $1.11. The company has a market cap of $261.99 million, a price-to-earnings ratio of -2.34 and a beta of 1.78.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of HYLN. SG Americas Securities LLC bought a new position in shares of Hyliion during the 3rd quarter valued at approximately $146,000. GSA Capital Partners LLP boosted its holdings in Hyliion by 17.2% in the 3rd quarter. GSA Capital Partners LLP now owns 712,672 shares of the company's stock worth $841,000 after buying an additional 104,648 shares during the period. Institutional & Family Asset Management LLC grew its stake in Hyliion by 2,565.7% in the 3rd quarter. Institutional & Family Asset Management LLC now owns 54,620 shares of the company's stock valued at $64,000 after buying an additional 52,571 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in Hyliion by 7.7% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 362,005 shares of the company's stock valued at $427,000 after acquiring an additional 25,781 shares during the period. Institutional investors own 22.81% of the company's stock.
About Hyliion
(
Get Free Report)
See Also
Before you consider Hyliion, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hyliion wasn't on the list.
While Hyliion currently has a "Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
