Hyliion Holdings Corp. Earnings Call Highlights Positive Outlook
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Hyliion Holdings Reports Fourth-Quarter and Full-Year 2024 Financial Results
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Hyliion Holdings Corp provides solutions that enable clean, flexible, and affordable electricity production. The Company focuses on delivering distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. It is initially targeting the commercial and waste management industries with a locally deployable generator that can offer prime power as well as energy arbitrage opportunities. In addition to stationary power solutions, it focuses on mobile applications, including vehicles and marine technologies.
Hyliion Holdings Corp. Class A trades on the AMEX stock market under the symbol HYLN.
As of March 4, 2025, HYLN stock price declined to $1.46 with 180,183 million shares trading.
HYLN has a beta of 3.64, meaning it tends to be more sensitive to market movements. HYLN has a correlation of 0.22 to the broad based SPY ETF.
HYLN has a market cap of $255.24 million. This is considered a Small Cap stock.
Last quarter Hyliion Holdings Corp. Class A reported $2 million in Revenue and -$.08 earnings per share. This beat revenue expectation by $1 million and missed earnings estimates by -$.01.
In the last 3 years, HYLN traded as high as $4.73 and as low as $.52.
The top ETF exchange traded funds that HYLN belongs to (by Net Assets): VTI, IWM, VXF, PBW, IWN.
HYLN has underperformed the market in the last year with a price return of -21.5% while the SPY ETF gained +14.2%. HYLN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -55.5% and -31.1%, respectively, while the SPY returned -3.8% and -5.1%, respectively.
HYLN support price is $1.42 and resistance is $1.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HYLN shares will trade within this expected range on the day.