NKLA:NSD-Nikola Corp (USD)

COMMON STOCK | Farm & Heavy Construction Machinery |

Last Closing

USD 3.12

Change

+0.01 (+0.32)%

Market Cap

USD 0.23B

Volume

2.92M

Analyst Target

USD 55.75
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions in the United States and internationally. The company operates in truck and energy units. It commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. In addition, it develops a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. Further, its products include Nikola Tre Class 8 truck and the Nikola's Class 8 FCEV. Additionally, the company assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation founded in 2015 and is headquartered in Phoenix, Arizona.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-13 )

Largest Industry Peers for Farm & Heavy Construction Machinery

Symbol Name Price(Change) Market Cap
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USD 1.36B
CMCO Columbus McKinnon Corporation

+0.28 (+0.75%)

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SHYF Shyft Group Inc

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MNTX Manitex International Inc

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XOS Xos Inc

+0.06 (+1.17%)

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GP GreenPower Motor Company Inc

-0.01 (-1.11%)

USD 0.03B
HYFM Hydrofarm Holdings Group Inc

-0.04 (-7.24%)

USD 0.03B
UGRO Urban-Gro Inc

N/A

USD 0.02B
ARTW Arts-Way Manufacturing Co Inc

+0.01 (+0.83%)

USD 8.42M
AGFY Agrify Corp

+2.77 (+36.16%)

USD 6.43M

ETFs Containing NKLA

HDGB:LSE VanEck Hydrogen Economy U.. 0.00 % 0.00 %

+0.05 (+0.70%)

USD 0.06B
HDRO:LSE VanEck Hydrogen Economy U.. 0.00 % 0.00 %

+0.05 (+0.70%)

USD 0.06B
HDR0:XETRA VanEck Hydrogen Economy U.. 0.00 % 0.00 %

+0.09 (+0.70%)

USD 0.08B
HDRO:SW VanEck Hydrogen Economy U.. 0.00 % 0.00 %

+0.03 (+0.70%)

USD 0.06B

Market Performance

  Market Performance vs. Industry/Classification (Farm & Heavy Construction Machinery) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -88.11% 14% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -88.11% 14% F 4% F
Trailing 12 Months  
Capital Gain -90.28% 14% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -90.28% 14% F 4% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -43.93% 20% F 2% F
Dividend Return -43.93% 20% F 2% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 62.33% 47% F 31% F
Risk Adjusted Return -70.49% 27% F 10% F
Market Capitalization 0.23B 77% C+ 51% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector