Hyzon Motors Stock Today

HYZNW Stock  USD 0.05  0.01  19.51%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 70

 
High
 
Low
Quite High
HYZON Motors is selling for under 0.049 as of the 28th of April 2024; that is 19.51% increase since the beginning of the trading day. The stock's lowest day price was 0.04. HYZON Motors has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for HYZON Motors are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 28th of April 2024. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
19th of July 2021
Category
Consumer Cyclical
Classification
Consumer Discretionary
HYZON Motors Inc, a hydrogen mobility company, manufactures hydrogen-powered commercial vehicles and fuel cell systems. The company was incorporated in 2020 and is headquartered in Honeoye Falls, New York. Hyzon Motors operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. The company has 0 outstanding shares of which 2.91 K shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on HYZON Motors

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HYZON 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. HYZON Motors' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HYZON Motors or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorParker Meeks
Thematic IdeaElectrical Equipment (View all Themes)
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, Electrical Equipment, Consumer Discretionary, Automobile Components, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering HYZON Motors report their recommendations after researching HYZON Motors' financial statements, talking to executives and customers, or listening in on HYZON Motors' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering HYZON Motors. The HYZON consensus assessment is calculated by taking the average forecast from all of the analysts covering HYZON Motors.
Financial Strength
Based on the key indicators related to HYZON Motors' liquidity, profitability, solvency, and operating efficiency, HYZON Motors may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of HYZON Motors is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00150.0015
Notably Down
Slightly volatile
Total Current Liabilities27.5 M42.6 M
Way Down
Slightly volatile
Non Current Liabilities Total34.5 M20 M
Way Up
Slightly volatile
Total Assets246.2 M192.6 M
Significantly Up
Slightly volatile
Total Current Assets215.4 M152.5 M
Significantly Up
Slightly volatile
HYZON Motors' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to HYZON Motors' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HYZON Motors' financial leverage. It provides some insight into what part of HYZON Motors' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on HYZON Motors' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how HYZON Motors deploys its capital and how much of that capital is borrowed.
Liquidity
HYZON Motors cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 7.55 M in total debt. HYZON Motors has a current ratio of 2.92, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist HYZON Motors until it has trouble settling it off, either with new capital or with free cash flow. So, HYZON Motors' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HYZON Motors sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HYZON to invest in growth at high rates of return. When we think about HYZON Motors' use of debt, we should always consider it together with cash and equity.

Change To Inventory

(5.07 Million)
HYZON Motors (HYZNW) is traded on NASDAQ Exchange in USA. It is located in 599 South Schmidt Road, Bolingbrook, IL, United States, 60440 and employs 360 people. HYZON Motors is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company classifies itself under Automobile Components sector and is part of Consumer Discretionary industry. HYZON Motors has 0 outstanding shares of which 2.91 K shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. HYZON Motors has accumulated about 47.77 M in cash with (135.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check HYZON Motors Probability Of Bankruptcy

HYZON Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of HYZON Motors jumping above the current price in 90 days from now is about 22.96%. The HYZON Motors probability density function shows the probability of HYZON Motors stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon HYZON Motors has a beta of -0.7623. This usually indicates as returns on the benchmark increase, returns on holding HYZON Motors are expected to decrease at a much lower rate. During a bear market, however, HYZON Motors is likely to outperform the market. In addition to that, hYZON Motors has an alpha of 2.7798, implying that it can generate a 2.78 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.049HorizonTargetOdds Above 0.049
76.98%90 days
 0.05 
22.96%
Based on a normal probability distribution, the odds of HYZON Motors to move above the current price in 90 days from now is about 22.96 (This HYZON Motors probability density function shows the probability of HYZON Stock to fall within a particular range of prices over 90 days) .

HYZON Motors Historical Income Statement

HYZON Motors Income Statement is one of the three primary financial statements used for reporting HYZON's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of HYZON Motors revenue and expense. HYZON Motors Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, HYZON Motors' Net Interest Income is fairly stable compared to the past year. Depreciation And Amortization is likely to climb to about 4.2 M in 2024, despite the fact that Operating Income is likely to grow to (170 M). View More Fundamentals

HYZON Stock Against Markets

Picking the right benchmark for HYZON Motors 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 HYZON Motors 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 HYZON Motors is critical whether you are bullish or bearish towards HYZON Motors at a given time. Please also check how HYZON Motors' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in HYZON Motors 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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HYZON Motors Corporate Management

Elected by the shareholders, the HYZON Motors' board of directors comprises two types of representatives: HYZON Motors inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HYZON. The board's role is to monitor HYZON Motors' management team and ensure that shareholders' interests are well served. HYZON Motors' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HYZON Motors' outside directors are responsible for providing unbiased perspectives on the board's policies.
JiaJia WuSenior AccountingProfile
Stephen WeilandChief OfficerProfile
George GuCoFounder ChairmanProfile
Max HolthausenManaging EuropeProfile
Craig KnightCEO CoFounderProfile
Gary RobbCoFounder CTOProfile

How to buy HYZON Stock?

Before investing in HYZON Motors, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HYZON Motors. To buy HYZON Motors stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of HYZON Motors. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase HYZON Motors stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located HYZON Motors stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased HYZON Motors stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as HYZON Motors, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy HYZON Stock please use our How to Invest in HYZON Motors guide.

Already Invested in HYZON Motors?

The danger of trading HYZON Motors 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 HYZON Motors 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 HYZON Motors. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HYZON Motors 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.
When determining whether HYZON Motors is a strong investment it is important to analyze HYZON Motors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HYZON Motors' future performance. For an informed investment choice regarding HYZON Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HYZON Motors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy HYZON Stock please use our How to Invest in HYZON Motors guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running HYZON Motors' price analysis, check to measure HYZON Motors' 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 HYZON Motors is operating at the current time. Most of HYZON Motors' value examination focuses on studying past and present price action to predict the probability of HYZON Motors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HYZON Motors' price. Additionally, you may evaluate how the addition of HYZON Motors to your portfolios can decrease your overall portfolio volatility.
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Is HYZON Motors' 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 HYZON Motors. If investors know HYZON 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 HYZON Motors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.27)
Revenue Per Share
0.001
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.34)
Return On Equity
(0.84)
The market value of HYZON Motors is measured differently than its book value, which is the value of HYZON that is recorded on the company's balance sheet. Investors also form their own opinion of HYZON Motors' value that differs from its market value or its book value, called intrinsic value, which is HYZON Motors' 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 HYZON Motors' market value can be influenced by many factors that don't directly affect HYZON Motors' 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 HYZON Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if HYZON Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HYZON Motors' 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.