Nikola Corp NKLA
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Nikola Corporation Announces Date for Third Quarter 2024 Results and Webcast and Q&A Platform for Shareholders
-
NIKOLA RECORDS SALES OF 88 HYDROGEN-POWERED CLASS 8 TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q3 2024; 200 TOTAL SOLD THIS YEAR
-
TOM SCHMITT NAMED CHIEF COMMERCIAL OFFICER OF NIKOLA CORPORATION
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NIKOLA STRENGTHENS SOUTHERN CALIFORNIA HYDROGEN INFRASTRUCTURE WITH NEW HYLA STATION AT TOM'S TRUCK CENTER IN LOS ANGELES COUNTY
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Nikola Corporation Reports Second Quarter 2024 Results
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NIKOLA AND ITD INDUSTRIES LAUNCH FIRST HYDROGEN STATION IN ONTARIO
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Nikola Corporation Announces Date for Second Quarter 2024 Results and Webcast and Q&A Platform for Shareholders
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Nikola 2Q Sales Beat Management Expectations
Trading Information
- Previous Close Price
- $5.20
- Day Range
- $4.96–5.40
- 52-Week Range
- $4.10–44.40
- Bid/Ask
- $5.08 / $5.09
- Market Cap
- $254.50 Mil
- Volume/Avg
- 3.6 Mil / 3.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 4.03
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit and Energy business unit. The Truck business unit is engaged manufacturing and selling FCEV and BEV trucks that provide, environmentally friendly, cost effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet hydrogen fuel demand for the Company's customers.
- Sector
- Industrials
- Industry
- Farm & Heavy Construction Machinery
- Stock Style Box
- Small Value
- Total Number of Employees
- 870
- Website
- https://www.nikolamotor.com
Comparables
Valuation
Metric
|
NKLA
|
HNOI
|
HY
|
---|---|---|---|
Price/Earnings (Normalized) | — | — | 6.57 |
Price/Book Value | 0.47 | — | 2.47 |
Price/Sales | 4.03 | — | 0.27 |
Price/Cash Flow | — | — | 3.81 |
Price/Earnings
NKLA
HNOI
HY
Financial Strength
Metric
|
NKLA
|
HNOI
|
HY
|
---|---|---|---|
Quick Ratio | 1.14 | 0.05 | 0.55 |
Current Ratio | 1.53 | 0.05 | 1.31 |
Interest Coverage | −12.50 | −74.07 | 8.18 |
Quick Ratio
NKLA
HNOI
HY
Profitability
Metric
|
NKLA
|
HNOI
|
HY
|
---|---|---|---|
Return on Assets (Normalized) | −52.69% | −144.85% | 9.65% |
Return on Equity (Normalized) | −103.81% | — | 54.29% |
Return on Invested Capital (Normalized) | −63.17% | −203.43% | 25.40% |
Return on Assets
NKLA
HNOI
HY
Farm & Heavy Construction Machinery Industry Comparables
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