With 1.48 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.49 million shares. During the session, the Waste Management company that operates in wider Industrials sector, reached to the highest price of $2.39 whereas the lowest price it dropped to was $2.16. The 52-week range on LICY shows that it touched its highest point at $15.36 and its lowest point at $1.22 during that stretch. It currently has a 1-year price target of $2.25. Beta for the stock currently stands at 1.44.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LICY was up-trending over the past week, with a rise of 18.18%, but this was up by 19.39% over a month. Three-month performance surged to 10.90% while six-month performance fell -52.44%. The stock lost -46.37% in the past year, while it has gained 30.73% so far this year. A look at the trailing 12-month EPS for LICY yields -1.31 with Next year EPS estimates of -2.32. For the next quarter, that number is -0.61. This implies an EPS growth rate of 61.49% for this year and 3.48% for next year.
Float and Shares Shorts:
At present, 23.20 million LICY shares are outstanding with a float of 16.69 million shares on hand for trading. On 2024-12-13, short shares totaled 1.64 million, which was 594.9999799999999 higher than short shares on 1731628800. In addition to Mr. Ajay Kochhar as the firm’s Co-Founder, President, CEO & Executive Director, Mr. Carl DeLuca serves as its General Counsel & Corporate Secretary.
Institutional Ownership:
Through their ownership of 0.10825 of LICY’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, LICY reported revenue of $8400000.0 and operating income of -$25200000.0. The EBITDA in the recently reported quarter was -$20300000.0 and diluted EPS was $2.15.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LICY since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LICY analysts setting a high price target of 2.25 and a low target of 2.25, the average target price over the next 12 months is 2.25. Based on these targets, LICY could drop -3.85% to reach the target high and fall by -3.85% to reach the target low. Reaching the average price target will result in a decline of -3.85% from current levels.
Analysts have provided yearly estimates in a range of -$2.40282 being high and -$2.40282 being low. For LICY, this leads to a yearly average estimate of -$2.40282.
