NYSE:LICY Li-Cycle (LICY) Stock Forecast, Price & News $5.25 -0.03 (-0.57%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$5.21▼$5.4550-Day Range$4.39▼$5.7652-Week Range$4.30▼$8.15Volume965,127 shsAverage Volume1.51 million shsMarket Capitalization$926.64 millionP/E RatioN/ADividend YieldN/APrice Target$8.56 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Li-Cycle MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside63.0% Upside$8.56 Price TargetShort InterestBearish13.09% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.65Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.81) to ($0.66) 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.1.83 out of 5 starsComputer And Technology Sector397th out of 598 stocksSanitary Services Industry3rd out of 6 stocks 3.3 Analyst's Opinion Consensus RatingLi-Cycle has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 7 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.56, Li-Cycle has a forecasted upside of 63.0% from its current price of $5.25.Amount of Analyst CoverageLi-Cycle has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted13.09% 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 9.3.Change versus previous monthShort interest in Li-Cycle has recently increased by 2.45%, indicating that investor sentiment is decreasing. 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 2.6 News and Social Media Coverage News SentimentLi-Cycle has a news sentiment score of 0.65. 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 Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Li-Cycle this week, compared to 3 articles on an average week.Search Interest26 people have searched for LICY on MarketBeat in the last 30 days. This is an increase of 63% compared to the previous 30 days.MarketBeat Follows7 people have added Li-Cycle to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days. Previous Next 1.7 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 InstitutionsOnly 37.92% of the stock of Li-Cycle is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Li-Cycle are expected to grow in the coming year, from ($0.81) to ($0.66) per share.Price to Book Value per Share RatioLi-Cycle has a P/B Ratio of 1.87. 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 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 Stock News HeadlinesJune 5, 2023 | finance.yahoo.comLi-Cycle to Host Investor Meetings on June 6, 2023June 1, 2023 | finance.yahoo.comLi-Cycle Joins the United Nations Global Compact InitiativeJune 10, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Develops World's First Anti-Aircraft LaserSmall cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>May 31, 2023 | finance.yahoo.comLi-Cycle to Host Investor Meetings on June 1-2, 2023May 31, 2023 | fool.comLi-Cycle (NYSE: LICY)May 25, 2023 | finance.yahoo.comLi-Cycle and Shift2 Partner to Donate Laptops to High School Students in Rochester, New YorkMay 25, 2023 | americanbankingnews.comLi-Cycle (NYSE:LICY) Shares Gap Down to $4.97May 24, 2023 | finance.yahoo.comU.S. Secretary of Energy Jennifer Granholm and U.S. Senator Mark Kelly Visit Li-Cycle’s Lithium-Ion Battery Recycling Facility in ArizonaJune 10, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—May 21, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Li-Cycle Holdings Corp.'s Q2 2023 Earnings (NYSE:LICY)May 20, 2023 | morningstar.comLi-Cycle Holdings Corp Ordinary Shares - Class AMay 20, 2023 | americanbankingnews.comLi-Cycle Holdings Corp. (NYSE:LICY) Receives $8.56 Average Target Price from AnalystsMay 19, 2023 | seekingalpha.comLICY Li-Cycle Holdings Corp.May 17, 2023 | proactiveinvestors.comLi-Cycle's story is in 'early innings' as battery metals processing plants come online, analysts sayMay 17, 2023 | finance.yahoo.comTime To Worry? Analysts Are Downgrading Their Li-Cycle Holdings Corp. (NYSE:LICY) OutlookMay 17, 2023 | seekingalpha.comLi-Cycle Is Flush With Cash As Decarbonization Enters Runaway PhaseMay 16, 2023 | msn.comChardan Capital Reiterates Li-Cycle Holdings Corp - (LICY) Buy RecommendationMay 16, 2023 | msn.comUse The Recent Dip To Buy Li-Cycle HoldingsMay 16, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Li-Cycle Holdings (LICY) and Fathom Digital (FATH)May 15, 2023 | msn.comLi-Cycle Reports Q1 2023 Sales Decline, Missing Consensus Amid Lower Nickel And Cobalt PricesMay 15, 2023 | msn.comRecap: Li-Cycle Holdings Q1 EarningsMay 9, 2023 | finance.yahoo.comLi-Cycle and Glencore Announce Plans for a Significant European Recycling HubMay 8, 2023 | americanbankingnews.comLi-Cycle (LICY) to Release Quarterly Earnings on MondayMay 6, 2023 | americanbankingnews.comLi-Cycle (NYSE:LICY) Now Covered by Cantor FitzgeraldMay 1, 2023 | finance.yahoo.comLi-Cycle to Host First Quarter 2023 Earnings Conference Call/Webcast on Monday, May 15, 2023 at 8:30 a.m. (Eastern Time)April 25, 2023 | americanbankingnews.comLi-Cycle Holdings Corp. (NYSE:LICY) Receives $8.56 Average PT from AnalystsApril 19, 2023 | finance.yahoo.comLi-Cycle Chief Technology Officer, Chris Biederman, Named to The Globe and Mail’s Best Executive Award ListSee More Headlines LICY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LICY Company Calendar Last Earnings1/30/2023Today6/10/2023Next Earnings (Estimated)9/13/2023Fiscal Year End12/31/2023Get 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$8.56 High Stock Price Forecast$10.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+63.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-53,600,000.00 Net MarginsN/A Pretax Margin-219.74% Return on Equity-14.69% Return on Assets-9.56% Debt Debt-to-Equity Ratio0.61 Current Ratio8.51 Quick Ratio8.42 Sales & Book Value Annual Sales$13.40 million Price / Sales69.15 Cash FlowN/A Price / Cash FlowN/A Book Value$2.81 per share Price / Book1.87Miscellaneous Outstanding Shares176,500,000Free Float134,319,000Market Cap$926.63 million OptionableOptionable Beta1.13 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 Americas Comp: $629.82kMr. Chris Biederman (Age 38)Chief Technology 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 More ExecutivesKey CompetitorsMicroVisionNASDAQ:MVISIchorNASDAQ:ICHRDigital TurbineNASDAQ:APPSTaboola.comNASDAQ:TBLAChipMOS TECHNOLOGIESNASDAQ:IMOSView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCSold 20,136 shares on 6/1/2023Ownership: 0.014%Toroso Investments LLCSold 30,476 shares on 5/23/2023Ownership: 0.064%JPMorgan Chase & Co.Sold 14,480 shares on 5/18/2023Ownership: 0.061%New York State Common Retirement FundSold 33,750 shares on 5/18/2023Ownership: 0.033%Rockefeller Capital Management L.P.Bought 29,291 shares on 5/17/2023Ownership: 0.118%View All Institutional Transactions LICY Stock - Frequently Asked Questions Should I buy or sell Li-Cycle stock right now? 9 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 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LICY shares. View LICY analyst ratings or view top-rated stocks. What is Li-Cycle's stock price forecast for 2023? 9 Wall Street analysts have issued 1 year target prices for Li-Cycle's shares. Their LICY share price forecasts range from $4.00 to $10.00. On average, they anticipate the company's share price to reach $8.56 in the next twelve months. This suggests a possible upside of 63.0% 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 2023? Li-Cycle's stock was trading at $4.76 at the start of the year. Since then, LICY stock has increased by 10.3% and is now trading at $5.25. View the best growth stocks for 2023 here. When is Li-Cycle's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 13th 2023. 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, January, 30th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.18) by $0.01. The company had revenue of $3 million for the quarter, compared to the consensus estimate of $8.13 million. During the same period in the previous year, the business earned ($0.33) earnings per share. 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), WisdomTree Battery Value Chain and Innovation Fund (WBAT), Invesco WilderHill Clean Energy ETF (PBW), AXS Green Alpha ETF (NXTE), Invesco Global Clean Energy ETF (PBD), Blue Horizon BNE ETF (BNE), Sprott Energy Transition Materials ETF (SETM) and ALPS Clean Energy ETF (ACES). What is Li-Cycle's stock symbol? Li-Cycle trades on the New York Stock Exchange (NYSE) under the ticker symbol "LICY." Who are Li-Cycle's major shareholders? Li-Cycle's stock is owned by many different institutional and retail investors. Top institutional shareholders include Grantham Mayo Van Otterloo & Co. LLC (3.86%), BlackRock Inc. (3.76%), SIR Capital Management L.P. (1.54%), State Street Corp (1.16%), AXA S.A. (1.07%) and Macquarie Group Ltd. (0.90%). 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 $5.25. How much money does Li-Cycle make? Li-Cycle (NYSE:LICY) has a market capitalization of $926.63 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 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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