Haynes International Stock Buy Hold or Sell Recommendation
HAYN Stock | USD 60.36 0.11 0.18% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Haynes International is 'Hold'. Macroaxis provides Haynes International buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HAYN positions. The advice algorithm takes into account all of Haynes International's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Haynes International's buy or sell advice are summarized below:
Real Value 59 | Target Price 58.75 | Hype Value 60.42 | Market Value 60.36 | Naive Value 60.2 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Haynes International given historical horizon and risk tolerance towards Haynes International. When Macroaxis issues a 'buy' or 'sell' recommendation for Haynes International, the advice is generated through an automated system that utilizes algorithms and statistical models.
Haynes |
Execute Haynes International Buy or Sell Advice
The Haynes recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Haynes International. Macroaxis does not own or have any residual interests in Haynes International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Haynes International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Haynes International Trading Alerts and Improvement Suggestions
Haynes International currently holds about 9.44 M in cash with (16.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76. | |
Haynes International has a poor financial position based on the latest SEC disclosures | |
Over 98.0% of the company shares are owned by institutional investors | |
On 15th of March 2024 Haynes International paid $ 0.22 per share dividend to its current shareholders | |
Latest headline from news.google.com: StockNews.com Initiates Coverage on Haynes International - MarketBeat |
Haynes International Returns Distribution Density
The distribution of Haynes International's historical returns is an attempt to chart the uncertainty of Haynes International's future price movements. The chart of the probability distribution of Haynes International daily returns describes the distribution of returns around its average expected value. We use Haynes International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Haynes International returns is essential to provide solid investment advice for Haynes International.
Mean Return | 0.24 | Value At Risk | -0.42 | Potential Upside | 1.83 | Standard Deviation | 1.07 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Haynes International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Haynes Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Haynes International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Haynes International backward and forwards among themselves. Haynes International's institutional investor refers to the entity that pools money to purchase Haynes International's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 279.5 K | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 187.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 162.3 K | Wellington Management Company Llp | 2023-12-31 | 157.8 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 156 K | Wasatch Advisors Inc. | 2023-12-31 | 140.9 K | Northern Trust Corp | 2023-12-31 | 130.2 K | Amvescap Plc. | 2023-12-31 | 111.7 K | Charles Schwab Investment Management Inc | 2023-12-31 | 105.1 K | Blackrock Inc | 2023-12-31 | 2.2 M | T. Rowe Price Investment Management,inc. | 2023-12-31 | 1.5 M |
Haynes International Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 15.3M | (777K) | (116.8M) | (50.4M) | (45.4M) | (43.1M) | |
Change In Cash | 16.2M | 488K | (39.3M) | 2.3M | 2.1M | 2.2M | |
Free Cash Flow | 26.8M | 17.3M | (94.6M) | (33.1M) | (29.8M) | (28.3M) | |
Depreciation | 19.7M | 19.6M | 19.1M | 18.6M | 21.4M | 14.0M | |
Other Non Cash Items | 11.3M | 5.8M | (720K) | 133K | 153.0K | 160.6K | |
Capital Expenditures | 9.4M | 5.9M | 15.1M | 16.4M | 18.9M | 14.7M | |
Net Income | (6.5M) | (8.7M) | 45.1M | 42.0M | 48.3M | 50.7M | |
End Period Cash Flow | 47.2M | 47.7M | 8.4M | 10.7M | 12.3M | 11.7M | |
Change To Netincome | 13.4M | 15.8M | 7.8M | 9.3M | 10.7M | 13.4M | |
Dividends Paid | 11.1M | 11.2M | 11.1M | 11.2M | 12.9M | 11.9M | |
Change Receivables | (5.0M) | 26.7M | (6.2M) | (42.7M) | (38.4M) | (36.5M) | |
Net Borrowings | (150K) | (297K) | (285K) | 74.4M | 85.6M | 89.9M | |
Investments | (9.4M) | (5.9M) | (15.1M) | (16.4M) | (18.9M) | (19.8M) |
Haynes International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Haynes International or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Haynes International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Haynes stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.23 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | 0.14 |
Haynes International Volatility Alert
Haynes International exhibits very low volatility with skewness of 4.29 and kurtosis of 24.71. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Haynes International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Haynes International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Haynes International Fundamentals Vs Peers
Comparing Haynes International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Haynes International's direct or indirect competition across all of the common fundamentals between Haynes International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Haynes International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Haynes International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Haynes International by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Haynes International to competition |
Fundamentals | Haynes International | Peer Average |
Return On Equity | 0.1 | -0.31 |
Return On Asset | 0.0545 | -0.14 |
Profit Margin | 0.07 % | (1.27) % |
Operating Margin | 0.08 % | (5.51) % |
Current Valuation | 1.64 B | 16.62 B |
Shares Outstanding | 12.78 M | 571.82 M |
Shares Owned By Insiders | 2.60 % | 10.09 % |
Shares Owned By Institutions | 97.93 % | 39.21 % |
Number Of Shares Shorted | 215.77 K | 4.71 M |
Price To Earning | 14.97 X | 28.72 X |
Price To Book | 1.75 X | 9.51 X |
Price To Sales | 1.28 X | 11.42 X |
Revenue | 589.96 M | 9.43 B |
Gross Profit | 106.33 M | 27.38 B |
EBITDA | 78.07 M | 3.9 B |
Net Income | 41.98 M | 570.98 M |
Cash And Equivalents | 9.44 M | 2.7 B |
Cash Per Share | 0.76 X | 5.01 X |
Total Debt | 115.2 M | 5.32 B |
Debt To Equity | 0.15 % | 48.70 % |
Current Ratio | 3.16 X | 2.16 X |
Book Value Per Share | 34.83 X | 1.93 K |
Cash Flow From Operations | (16.72 M) | 971.22 M |
Short Ratio | 0.99 X | 4.00 X |
Earnings Per Share | 3.25 X | 3.12 X |
Price To Earnings To Growth | 0.66 X | 4.89 X |
Target Price | 62.0 | |
Number Of Employees | 1.25 K | 18.84 K |
Beta | 1.44 | -0.15 |
Market Capitalization | 770.81 M | 19.03 B |
Total Asset | 706.28 M | 29.47 B |
Retained Earnings | 165.82 M | 9.33 B |
Working Capital | 462.38 M | 1.48 B |
Note: Acquisition by Jeffrey Young of 3000 shares of Haynes International subject to Rule 16b-3 [view details]
Haynes International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Haynes . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Haynes International Buy or Sell Advice
When is the right time to buy or sell Haynes International? Buying financial instruments such as Haynes Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 75.3M | 115.2M | 103.7M | 59.8M | Total Assets | 632.3M | 706.3M | 812.2M | 505.8M |
Use Investing Ideas to Build Portfolios
In addition to having Haynes International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Railroads Theme or any other thematic opportunities.
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Check out Haynes International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Haynes Stock, please use our How to Invest in Haynes International guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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When running Haynes International's price analysis, check to measure Haynes International's 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 Haynes International is operating at the current time. Most of Haynes International's value examination focuses on studying past and present price action to predict the probability of Haynes International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haynes International's price. Additionally, you may evaluate how the addition of Haynes International to your portfolios can decrease your overall portfolio volatility.
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Is Haynes International's 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 Haynes International. If investors know Haynes 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 Haynes International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 0.88 | Earnings Share 3.25 | Revenue Per Share 47.935 | Quarterly Revenue Growth 0.111 |
The market value of Haynes International is measured differently than its book value, which is the value of Haynes that is recorded on the company's balance sheet. Investors also form their own opinion of Haynes International's value that differs from its market value or its book value, called intrinsic value, which is Haynes International's 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 Haynes International's market value can be influenced by many factors that don't directly affect Haynes International's 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 Haynes International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haynes International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haynes International's 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.