Hyliion (NYSE:HYLN - Get Free Report) will post its quarterly earnings results after the market closes on Thursday, November 14th. Analysts expect Hyliion to post earnings of ($0.07) per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Hyliion (NYSE:HYLN - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.02.
Hyliion Price Performance
NYSE:HYLN remained flat at $2.58 during trading hours on Thursday. 1,071,356 shares of the company were exchanged, compared to its average volume of 932,319. Hyliion has a 12-month low of $0.52 and a 12-month high of $2.73. The firm's fifty day moving average is $2.26 and its 200-day moving average is $1.91. The firm has a market cap of $447.84 million, a price-to-earnings ratio of -5.42 and a beta of 1.91.
Analysts Set New Price Targets
HYLN has been the subject of a number of analyst reports. Northland Securities upped their price objective on shares of Hyliion from $1.50 to $2.00 and gave the stock a "market perform" rating in a research report on Tuesday, August 13th. Northland Capmk upgraded shares of Hyliion to a "hold" rating in a research report on Tuesday, October 1st.
Read Our Latest Stock Analysis on Hyliion
Insider Buying and Selling
In other Hyliion news, insider Govindaraj Ramasamy bought 30,000 shares of Hyliion stock in a transaction that occurred on Wednesday, September 11th. The shares were purchased at an average cost of $1.92 per share, for a total transaction of $57,600.00. Following the completion of the transaction, the insider now owns 298,000 shares of the company's stock, valued at $572,160. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 20.40% of the stock is owned by company insiders.
Hyliion Company Profile
(
Get Free Report)
Further Reading
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 "Hold" 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
Like this article? Share it with a colleague.
Link copied to clipboard.