NYSE:LICY Li-Cycle (LICY) Stock Forecast, Price & News $3.55 0.00 (0.00%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$3.50▼$3.6750-Day Range$3.55▼$6.0452-Week Range$3.47▼$6.58Volume1.41 million shsAverage Volume1.40 million shsMarket Capitalization$632.28 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Li-Cycle MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside97.2% Upside$7.00 Price TargetShort InterestHealthy10.29% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.79Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.92) to ($0.55) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.20 out of 5 starsComputer And Technology Sector363rd out of 607 stocksSanitary Services Industry4th out of 5 stocks 3.3 Analyst's Opinion Consensus RatingLi-Cycle has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 5 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Li-Cycle has a forecasted upside of 97.2% from its current price of $3.55.Amount of Analyst CoverageLi-Cycle has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted10.29% of the float of Li-Cycle has been sold short.Short Interest Ratio / Days to CoverLi-Cycle has a short interest ratio ("days to cover") of 9.1.Change versus previous monthShort interest in Li-Cycle has recently decreased by 10.14%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldLi-Cycle does not currently pay a dividend.Dividend GrowthLi-Cycle does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LICY. Previous Next 3.2 News and Social Media Coverage News SentimentLi-Cycle has a news sentiment score of 0.79. 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 is a higher news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Li-Cycle this week, compared to 2 articles on an average week.Search InterestOnly 16 people have searched for LICY on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.MarketBeat Follows11 people have added Li-Cycle to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Li-Cycle insiders have not sold or bought any company stock.Percentage Held by Insiders23.90% of the stock of Li-Cycle is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.71% of the stock of Li-Cycle is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Li-Cycle are expected to grow in the coming year, from ($0.92) to ($0.55) per share.Price to Book Value per Share RatioLi-Cycle has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Li-Cycle (NYSE:LICY) StockLi-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. The company is headquartered in Toronto, Canada.Read More LICY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LICY Stock News HeadlinesSeptember 27, 2023 | finance.yahoo.comLi-Cycle Celebrates the Opening of One of the Largest Lithium-Ion Battery Recycling Facilities in Europe in Saxony-Anhalt, GermanySeptember 26, 2023 | finance.yahoo.comLi-Cycle to Participate in Event Co-hosted by the U.S. Department of Energy and the Cleantech Leaders Climate ForumOctober 1, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 24, 2023 | americanbankingnews.comLi-Cycle (NYSE:LICY) Stock Price Up 3.7%September 22, 2023 | msn.comLi-Cycle Holdings: A Generational Buying OpportunitySeptember 18, 2023 | markets.businessinsider.comLi-Cycle And Glencore Speed Up Plans For European Recycling HubSeptember 11, 2023 | markets.businessinsider.com7 Promising Battery Recycling Stocks to Energize Your PortfolioAugust 21, 2023 | finance.yahoo.comLICY- A Lithium Battery Recycler Hitched to the EV RevolutionOctober 1, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 16, 2023 | msn.comChardan Capital Maintains Li-Cycle Holdings Corp - (LICY) Buy RecommendationAugust 16, 2023 | finance.yahoo.comSome Li-Cycle Holdings Corp. (NYSE:LICY) Analysts Just Made A Major Cut To Next Year's EstimatesAugust 15, 2023 | seekingalpha.comLi-Cycle Holdings GAAP EPS of -$0.20 misses by $0.03, revenue of $3.6MAugust 15, 2023 | msn.comWedbush Reiterates Li-Cycle Holdings Corp - (LICY) Outperform RecommendationAugust 14, 2023 | markets.businessinsider.comLi-Cycle Misses Sales Estimates In Q2, Stock FallsAugust 14, 2023 | msn.comWhy Li-Cycle Stock Plummeted TodayAugust 14, 2023 | seekingalpha.comLi-Cycle Holdings Corp. 2023 Q2 - Results - Earnings Call PresentationAugust 14, 2023 | finance.yahoo.comLi-Cycle Reports Second Quarter 2023 Operational and Financial Results; Spoke & Hub Network on Path to Become A Top Global Producer of Key Battery-Grade MaterialsAugust 11, 2023 | benzinga.comPreview: Li-Cycle Holdings's EarningsAugust 8, 2023 | nasdaq.comLi-Cycle Holdings Corp Breaks Below 200-Day Moving Average - Notable for LICYAugust 2, 2023 | markets.businessinsider.comExpert Ratings for Li-Cycle HoldingsJuly 31, 2023 | finance.yahoo.comLi-Cycle to Host Second Quarter 2023 Earnings Conference Call/Webcast on Monday, August 14, 2023 at 8:30 a.m. (Eastern Time)July 28, 2023 | seekingalpha.comLooking Back In On Li-Cycle HoldingsJuly 27, 2023 | finance.yahoo.comLi-Cycle’s CEO and Co-founder Ajay Kochhar Provides Expert Insights on Electronic Waste & Battery Recycling Solutions Before the U.S. Senate Committee on Environment and Public WorksJuly 13, 2023 | uk.finance.yahoo.comLICY - Li-Cycle Holdings Corp.July 12, 2023 | finanznachrichten.deGreen Stock News: Li-Cycle and EVE Energy Announce Collaboration to Explore Lithium-Ion Battery RecyclingJuly 12, 2023 | finance.yahoo.comLi-Cycle ($LICY) and EVE Energy Announce Collaboration to Explore Lithium-Ion Battery RecyclingJuly 11, 2023 | finance.yahoo.comLi-Cycle and EVE Energy Launch Battery Recycling CollaborationSee More Headlines Receive LICY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Li-Cycle and its competitors with MarketBeat's FREE daily newsletter. Email Address LICY Company Calendar Last Earnings8/14/2023Today9/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Sanitary services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:LICY CUSIPN/A CIK1828811 Webperidotspac.com Phone877-542-9253FaxN/AEmployees155Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.00 High Stock Price Forecast$8.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+97.2%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio0.66 Current Ratio4.80 Quick Ratio4.77 Sales & Book Value Annual Sales$13.40 million Price / Sales47.19 Cash FlowN/A Price / Cash FlowN/A Book Value$2.81 per share Price / Book1.26Miscellaneous Outstanding Shares178,110,000Free Float135,540,000Market Cap$632.29 million OptionableOptionable Beta1.31 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Tim Johnston C.F.A. (Age 36)Co-Founder, Exec. Chairman & Interim Regional Pres of EMEA Comp: $963.87kMr. Ajay Kochhar (Age 30)Co-Founder, Pres, CEO & Exec. Director Comp: $979.86kMs. Deborah K. Simpson (Age 56)Chief Financial Officer Comp: $842.88kMr. Carl DeLuca (Age 54)Gen. Counsel & Corp. Sec. Comp: $670.68kMr. Richard Storrie (Age 56)Regional Pres of EMEA Comp: $629.82kMr. Chris Biederman (Age 37)Chief Technical Officer Ms. Nahla A. AzmySr. VP of Investor Relations & Financial CommunicationsMs. Christine Barwell CCPCHRL, GRP, M.B.A., Chief HR OfficerMr. Dawei Li (Age 40)Regional Pres of APAC Mr. Tom BiddulphSr. VP of Enterprise Process ImprovementMore ExecutivesKey CompetitorsStemNYSE:STEMHealthStreamNASDAQ:HSTMCommScopeNASDAQ:COMMThryvNASDAQ:THRYSnap OneNASDAQ:SNPOView All CompetitorsInstitutional OwnershipBarclays PLCSold 46,131 shares on 9/21/2023Ownership: 0.037%Wolverine Trading LLCBought 22,400 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Sold 5,773 shares on 8/21/2023Ownership: 0.053%California State Teachers Retirement SystemSold 4,909 shares on 8/21/2023Ownership: 0.026%Orion Portfolio Solutions LLCBought 14,019 shares on 8/17/2023Ownership: 0.008%View All Institutional Transactions LICY Stock - Frequently Asked Questions Should I buy or sell Li-Cycle stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Li-Cycle in the last twelve months. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LICY shares. View LICY analyst ratings or view top-rated stocks. What is Li-Cycle's stock price forecast for 2023? 7 Wall Street analysts have issued 1-year target prices for Li-Cycle's shares. Their LICY share price forecasts range from $4.00 to $8.00. On average, they anticipate the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 97.2% 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 2023? Li-Cycle's stock was trading at $4.76 at the beginning of the year. Since then, LICY stock has decreased by 25.4% and is now trading at $3.55. View the best growth stocks for 2023 here. Are investors shorting Li-Cycle? Li-Cycle saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 12,490,000 shares, a decrease of 10.1% from the August 31st total of 13,900,000 shares. Based on an average daily trading volume, of 1,380,000 shares, the days-to-cover ratio is currently 9.1 days. Currently, 10.3% of the shares of the 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, January 29th 2024. View our LICY earnings forecast. How were Li-Cycle's earnings last quarter? Li-Cycle Holdings Corp. (NYSE:LICY) released its quarterly earnings data on Monday, August, 14th. The company reported ($0.20) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.20). The firm earned $3.60 million during the quarter, compared to analyst estimates of $8.03 million. What ETFs hold Li-Cycle's stock? ETFs with the largest weight of Li-Cycle (NYSE:LICY) stock in their portfolio include VanEck Environmental Services ETF (EVX), Invesco WilderHill Clean Energy ETF (PBW), Invesco Global Clean Energy ETF (PBD), Sprott Energy Transition Materials ETF (SETM), Blue Horizon BNE ETF (BNE), AXS Green Alpha ETF (NXTE) and ALPS Clean Energy ETF (ACES).First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). What is Li-Cycle's stock symbol? Li-Cycle trades on the New York Stock Exchange (NYSE) under the ticker symbol "LICY." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Li-Cycle's stock price today? One share of LICY stock can currently be purchased for approximately $3.55. How much money does Li-Cycle make? Li-Cycle (NYSE:LICY) has a market capitalization of $632.29 million and generates $13.40 million in revenue each year. How many employees does Li-Cycle have? The company employs 155 workers across the globe. How can I contact Li-Cycle? Li-Cycle's mailing address is 2229 SAN FELIPE STREET SUITE 1450, HOUSTON TX, 77019. The official website for the company is peridotspac.com. The company can be reached via phone at 877-542-9253 or via email at info@li-cycle.com. This page (NYSE:LICY) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Li-Cycle Holdings Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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