Li-Cycle Stock Today

LICY
 Stock
  

USD 6.06  0.27  4.66%   

Market Performance
0 of 100
Odds Of Distress
Less than 35
Li-Cycle Holdings is trading at 6.06 as of the 26th of September 2022; that is 4.66 percent increase since the beginning of the trading day. The stock's open price was 5.79. Li-Cycle Holdings has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Li-Cycle Holdings Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of August 2022 and ending today, the 26th of September 2022. Click here to learn more.
Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. It also provides lithium carbonate, cobalt sulphate, nickel sulphate, and manganese carbonate. Li-Cycle Holdings operates under Waste Management classification in the United States and is traded on New York Stock Exchange. The company has 163.18 M outstanding shares of which 7.84 M shares are now shorted by private and institutional investors with about 3.4 trading days to cover. More on Li-Cycle Holdings Corp
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Li-Cycle Holdings Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Li-Cycle Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Li-Cycle Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Li-Cycle Holdings generated a negative expected return over the last 90 days
Li-Cycle Holdings has high historical volatility and very poor performance
The company reported the previous year's revenue of 18.59 M. Net Loss for the year was (203.97 M) with profit before overhead, payroll, taxes, and interest of 4.27 M.
Li-Cycle Holdings Corp currently holds about 509.32 M in cash with (53.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.92.
Roughly 22.0% of the company outstanding shares are owned by corporate insiders
Latest headline from simplywall.st: Analysts Just Slashed Their Li-Cycle Holdings Corp. EPS Numbers - Simply Wall St
CEOAjay Kochhar
Average Analyst Recommendation
Analysts covering Li-Cycle Holdings report their recommendations after researching Li-Cycle Holdings' financial statements, talking to executives and customers, or listening in on Li-Cycle Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Li-Cycle Holdings Corp. The Li-Cycle consensus assessment is calculated by taking the average forecast from all of the analysts covering Li-Cycle Holdings.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Li-Cycle Holdings' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Li-Cycle Holdings Corp (LICY) is traded on New York Stock Exchange in USA and employs 155 people. The company currently falls under 'Small-Cap' category with current market capitalization of 990.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Li-Cycle Holdings's market, we take the total number of its shares issued and multiply it by Li-Cycle Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Li-Cycle Holdings Corp conducts business under Industrials sector and is part of Waste Management industry. The entity has 163.18 M outstanding shares of which 7.84 M shares are now shorted by private and institutional investors with about 3.4 trading days to cover. Li-Cycle Holdings Corp currently holds about 509.32 M in cash with (53.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.92.
Check Li-Cycle Holdings Probability Of Bankruptcy
Ownership
Li-Cycle Holdings Corp secures a total of one hundred sixty-three million one hundred eighty thousand outstanding shares. Li-Cycle Holdings Corp shows noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Li-Cycle Ownership Details

Li-Cycle Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Li-Cycle Holdings jumping above the current price in 90 days from now is under 95%. The Li-Cycle Holdings Corp probability density function shows the probability of Li-Cycle Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1051. This indicates Li-Cycle Holdings Corp market returns are sensitive to returns on the market. As the market goes up or down, Li-Cycle Holdings is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Li-Cycle Holdings Corp is significantly underperforming DOW.
  Odds Below 6.06HorizonTargetOdds Above 6.06
5.73%90 days
 6.06 
94.23%
Based on a normal probability distribution, the odds of Li-Cycle Holdings to move above the current price in 90 days from now is under 95 (This Li-Cycle Holdings Corp probability density function shows the probability of Li-Cycle Stock to fall within a particular range of prices over 90 days) .

Li-Cycle Holdings Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Li-Cycle Holdings market risk premium is the additional return an investor will receive from holding Li-Cycle Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Li-Cycle Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Li-Cycle Holdings' alpha and beta are two of the key measurements used to evaluate Li-Cycle Holdings' performance over the market, the standard measures of volatility play an important role as well.

Li-Cycle Stock Against Markets

Picking the right benchmark for Li-Cycle Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Li-Cycle Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Li-Cycle Holdings is critical whether you are bullish or bearish towards Li-Cycle Holdings Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Li-Cycle Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Li-Cycle Holdings Corporate Management

Elected by the shareholders, the Li-Cycle Holdings' board of directors comprises two types of representatives: Li-Cycle Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Li-Cycle. The board's role is to monitor Li-Cycle Holdings' management team and ensure that shareholders' interests are well served. Li-Cycle Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Li-Cycle Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Anthony Tse - Independent DirectorProfile
Tim Johnston - Executive Chairman of the Board, Co-FounderProfile
Dawei Li - Regional President APACProfile
Mark Wellings - Independent DirectorProfile
Kunal Phalpher - Chief Strategy OfficerProfile

Invested in Li-Cycle Holdings Corp?

The danger of trading Li-Cycle Holdings Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Li-Cycle Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Li-Cycle Holdings. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Li-Cycle Holdings Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. Note that the Li-Cycle Holdings Corp information on this page should be used as a complementary analysis to other Li-Cycle Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Li-Cycle Holdings Corp price analysis, check to measure Li-Cycle Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Li-Cycle Holdings is operating at the current time. Most of Li-Cycle Holdings' value examination focuses on studying past and present price action to predict the probability of Li-Cycle Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Li-Cycle Holdings' price. Additionally, you may evaluate how the addition of Li-Cycle Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Li-Cycle Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Li-Cycle Holdings. If investors know Li-Cycle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Li-Cycle Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Li-Cycle Holdings Corp is measured differently than its book value, which is the value of Li-Cycle that is recorded on the company's balance sheet. Investors also form their own opinion of Li-Cycle Holdings' value that differs from its market value or its book value, called intrinsic value, which is Li-Cycle Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Li-Cycle Holdings' market value can be influenced by many factors that don't directly affect Li-Cycle Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Li-Cycle Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Li-Cycle Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Li-Cycle Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.