Hyzon Motors (HYZN) Stock Price, News & Analysis

Company Overview

Hyzon Motors Inc. supplies hydrogen fuel cell systems for decarbonization applications in various industries. The company commercializes its proprietary fuel cell technology through assembling and upfitting heavy duty (HD) hydrogen fuel cell electric vehicles (FCEVs). It also focuses primarily on assembling and converting hydrogen-powered FCEVs; and building and fostering a clean hydrogen supply ecosystem with partners and third parties from feedstock through hydrogen production, dispensing, and financing. In addition, the company's technology focuses on designing and manufacturing of MEAs, BPPs, fuel cell stacks, and fuel cell systems for integration into commercial vehicles. Hyzon Motors Inc. was founded in 2020 and is headquartered in Bolingbrook, Illinois.

Key Stats

• Today's Range: $1.29 to $1.50
• 50-Day Range: $1.37 to $2.71
• 52-Week Range: $1.29 to $63.00
• Volume: 316,860 shs
• Average Volume: 2.29 million shs
• Market Capitalization: $7.44 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $80.00
• Consensus Rating: Buy

Hyzon Motors Stock Analysis - MarketRank™

Hyzon Motors scored higher than 58% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Hyzon Motors has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hyzon Motors has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hyzon Motors is -0.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hyzon Motors is -0.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Hyzon Motors has a P/B Ratio of 0.05. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.67% of the float of Hyzon Motors has been sold short.

Short Interest Ratio / Days to Cover

Hyzon Motors has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hyzon Motors has recently increased by 17.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Hyzon Motors does not currently pay a dividend.

Dividend Growth

Hyzon Motors does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.67% of the float of Hyzon Motors has been sold short.

Short Interest Ratio / Days to Cover

Hyzon Motors has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hyzon Motors has recently increased by 17.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.37

News Sentiment

Hyzon Motors has a news sentiment score of 0.37. 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 lower news sentiment than the 0.63 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Hyzon Motors this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for HYZN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

4 people have added Hyzon Motors to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hyzon Motors insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $475,000.00 in company stock.

Percentage Held by Insiders

Only 2.20% of the stock of Hyzon Motors is held by insiders.

Percentage Held by Institutions

61.41% of the stock of Hyzon Motors is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HYZN Stock Analysis - Frequently Asked Questions

How have HYZN shares performed this year?

Hyzon Motors' stock was trading at $44.75 at the beginning of the year. Since then, HYZN shares have decreased by 96.9% and is now trading at $1.37.
View the best growth stocks for 2024 here.

How were Hyzon Motors' earnings last quarter?

Hyzon Motors Inc. (NASDAQ:HYZN) released its quarterly earnings results on Tuesday, August, 13th. The company reported ($10.50) earnings per share for the quarter, missing the consensus estimate of ($7.50) by $3.00. The firm earned $0.31 million during the quarter, compared to the consensus estimate of $1 million. Hyzon Motors had a negative trailing twelve-month return on equity of 184.45% and a negative net margin of 1,639.40%.

When did Hyzon Motors' stock split?

Shares of Hyzon Motors reverse split before market open on Wednesday, September 11th 2024. The 1-50 reverse split was announced on Friday, September 6th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, September 10th 2024. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

Who are Hyzon Motors' major shareholders?

Top institutional shareholders of Hyzon Motors include Victory Capital Management Inc. (0.46%) and First Commonwealth Financial Corp PA (0.20%). Insiders that own company stock include Fuel Cell Technologies Horizon and Craig Matthew Knight.
View institutional ownership trends.

How do I buy shares of Hyzon Motors?

Shares of HYZN 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.

What other stocks do shareholders of Hyzon Motors own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hyzon Motors investors own include Sangamo Therapeutics (SGMO), Meta Platforms (META), Plug Power (PLUG), Nikola (NKLA), NVIDIA (NVDA), Palantir Technologies (PLTR) and NIO (NIO).

Company Calendar

• Last Earnings: 8/13/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Electrical industrial apparatus
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:HYZN
• CUSIP: N/A
• CIK: 1716583
• Web: hyzonmotors.com
• Phone: 585-484-9337
• Fax: N/A
• Employees: 200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $80.00
• High Stock Price Target: $80.00
• Low Stock Price Target: $80.00
• Potential Upside/Downside: +5,739.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($35.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-184,040,000.00
• Net Margins: -1,639.40%
• Pretax Margin: -1,691.03%
• Return on Equity: -184.45%
• Return on Assets: -115.88%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.99
• Quick Ratio: 1.76

Sales & Book Value

• Annual Sales: $290,000.00
• Price / Sales: 25.65
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $26.53 per share
• Price / Book: 0.05

Miscellaneous

• Outstanding Shares: 5,430,000
• Free Float: 5,312,000
• Market Cap: $7.44 million
• Optionable: Optionable
• Beta: 2.89