We're taking a closer look at Nikola today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -0.3% compared to 0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions.
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Nikola has moved -62.0% over the last year compared to 22.9% for the S&P 500 -- a difference of -85.0%
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NKLA has an average analyst rating of hold and is -53.67% away from its mean target price of $2.0 per share
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Its trailing 12 month earnings per share (EPS) is $-1.61
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Nikola has a trailing 12 month Price to Earnings (P/E) ratio of -0.6 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $-0.39 and its forward P/E ratio is -2.4
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NKLA has a Price to Earnings Growth (PEG) ratio of 0.02, which shows the company is very undervalued compared to its earnings growth estimates.
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The company has a Price to Book (P/B) ratio of 1.32 in contrast to the S&P 500's average ratio of 2.95
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Nikola is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.96 and an average P/B of 4.24
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Nikola has on average reported free cash flows of $-363351203.7 over the last four years, during which time they have grown by an an average of -59.5%