NKLA:NSD-Nikola Corp (USD)

COMMON STOCK | Farm & Heavy Construction Machinery | NSD

Last Closing Price

USD 3.90

Change

+0.05 (+1.30)%

Market Cap

USD 1.69B

Volume

0.01B

Avg Analyst Target

USD 9.44 (+142.17%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


NKLA Stock Forecast & Price:
Based on the Nikola Corp stock forecasts from 7 analysts, the average analyst target price for Nikola Corp is USD 9.44 over the next 12 months. Nikola Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Nikola Corp is Slightly Bearish, which is based on 3 positive signals and 6 negative signals. At the last closing, Nikola Corp’s stock price was USD 3.90. Nikola Corp’s stock price has changed by -14.47% over the past week, -35.00% over the past month and -67.36% over the last year.

About Nikola Corp (NKLA:NSD)

Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-elec ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-09-27 )

Largest Industry Peers for Farm & Heavy Construction Machinery

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
PCAR PACCAR Inc

-0.04 (-0.05%)

USD28.86B 13.09 9.91
CMCO Columbus McKinnon Corporation

+0.08 (+0.31%)

USD0.76B 16.65 9.21
ASTE Astec Industries Inc

-0.50 (-1.53%)

USD0.74B 651.60 25.75
SHYF Shyft Group Inc

+0.23 (+1.11%)

USD0.71B 17.10 13.66
XOS Xos Inc

-0.02 (-1.54%)

USD0.21B 13.60 -1.92
IDEX Ideanomics Inc

N/A

USD0.17B 28.68 -0.75
GENC Gencor Industries Inc

-0.11 (-1.21%)

USD0.13B 61.27 4.89
HYFM Hydrofarm Holdings Group Inc

-0.14 (-6.51%)

USD0.10B N/A -1.17
MNTX Manitex International Inc

+0.11 (+2.45%)

USD0.09B 98.85 -117.79
UGRO Urban-Gro Inc

+0.06 (+2.16%)

USD0.03B 97.00 -4.12

ETFs Containing NKLA

Symbol Name Weight Mer Price(Change) Market Cap
ELCR:XETRA Lyxor Index Fund - Lyxor .. 0.00 % 0.45 %

+0.07 (+0.38%)

USD0.33B
HDGB:LSE VanEck Hydrogen Economy U.. 0.00 % 0.55 %

+0.10 (+1.07%)

USD0.11B
HDRO:LSE VanEck Hydrogen Economy U.. 0.00 % 0.55 %

+0.04 (+0.38%)

USD0.11B

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 -60.49% 33% F 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -60.49% 33% F 24% F
Trailing 12 Months  
Capital Gain -64.48% 42% F 28% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -64.48% 42% F 28% 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 -30.20% 17% F 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -30.20% 17% F 6% F
Risk Return Profile  
Volatility (Standard Deviation) 29.00% 75% C 57% F
Risk Adjusted Return -104.13% 8% F 2% F
Market Capitalization 1.69B 92% A- 82% B-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Farm & Heavy Construction Machinery)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 2.81 15% F 28% F
Price / Cash Flow Ratio -5.49 85% B 64% D
EV/EBITDA -2.10 85% B 66% D
Management Effectiveness  
Return on Equity -104.28% 8% F 15% F
Return on Invested Capital -81.10% 21% F 17% F
Return on Assets -44.44% 14% F 9% F
Debt to Equity Ratio 3.61% 78% C+ 77% C+
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 5.95 23% F 25% F
Short Percent 22.81% 8% F 6% F
Beta 1.38 33% F 29% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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:
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.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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