Haynes International Stock Today
| HAYN Stock | USD 60.25 0.10 0.17% |
Performance15 of 100
| Odds Of DistressLess than 5
|
Haynes International is selling at 60.25 as of the 19th of April 2024; that is -0.17 percent decrease since the beginning of the trading day. The stock's open price was 60.35. Haynes International has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Haynes International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 21st of March 2007 | Category Industrials |
Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, Asia, and internationally. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana. The company has 12.78 M outstanding shares of which 215.77 K shares are currently shorted by private and institutional investors with about 0.99 trading days to cover. More on Haynes International
Moving together with Haynes Stock
| 0.73 | ESAB | ESAB Corp Financial Report 7th of May 2024 | PairCorr |
| 0.65 | ATI | Allegheny Technologies Financial Report 2nd of May 2024 | PairCorr |
| 0.78 | MLI | Mueller Industries Earnings Call This Week | PairCorr |
Moving against Haynes Stock
| 0.82 | SGBX | SG Blocks | PairCorr |
| 0.58 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.48 | AZ | A2Z Smart Technologies | PairCorr |
| 0.47 | PRLB | Proto Labs Financial Report 3rd of May 2024 | PairCorr |
| 0.41 | BE | Bloom Energy Corp Financial Report 14th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Haynes Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Haynes International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Haynes International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Mark Comerford | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Steel Works Etc (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Metal Fabrication, Industrials, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Steel Works Etc, Materials, Metals & Mining, Metal Fabrication, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Haynes International report their recommendations after researching Haynes International's financial statements, talking to executives and customers, or listening in on Haynes International's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Haynes International. The Haynes consensus assessment is calculated by taking the average forecast from all of the analysts covering Haynes International. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Haynes International's profitability, liquidity, and operating efficiency, Haynes International may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Haynes International is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Haynes International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Haynes International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Haynes International's financial leverage. It provides some insight into what part of Haynes International's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Haynes International (HAYN) is traded on NASDAQ Exchange in USA. It is located in 1020 West Park Avenue, Kokomo, IN, United States, 46904-9013 and employs 1,248 people. Haynes International is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 771.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Haynes International's market, we take the total number of its shares issued and multiply it by Haynes International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Haynes International conducts business under Metals & Mining sector and is part of Materials industry. The entity has 12.78 M outstanding shares of which 215.77 K shares are currently shorted by private and institutional investors with about 0.99 trading days to cover.
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.
Check Haynes International Probability Of Bankruptcy
Ownership AllocationHaynes International secures a total of 12.78 Million outstanding shares. The majority of Haynes International outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Haynes International to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Haynes International. Please pay attention to any change in the institutional holdings of Haynes International as this could imply that something significant has changed or is about to change at the company. Also note that almost two hundred fifty-five thousand six hundred sixty invesors are currently shorting Haynes International expressing very little confidence in its future performance.
Check Haynes Ownership Details
Haynes Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Haynes International jumping above the current price in 90 days from now is about 25.9%. The Haynes International probability density function shows the probability of Haynes International stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Haynes International has a beta of 0.1468. This usually indicates as returns on the market go up, Haynes International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Haynes International will be expected to be much smaller as well. Additionally, haynes International has an alpha of 0.2208, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Haynes International to move above the current price in 90 days from now is about 25.9 (This Haynes International probability density function shows the probability of Haynes Stock to fall within a particular range of prices over 90 days) .
Haynes Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Haynes International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Haynes International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Haynes International's value.| Instituion | Recorded On | 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 Historical Income Statement
Haynes International Income Statement is one of the three primary financial statements used for reporting Haynes's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Haynes International revenue and expense. Haynes International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Haynes International's Net Income is very stable compared to the past year. As of the 19th of April 2024, Income Tax Expense is likely to grow to about 12 M, while Depreciation And Amortization is likely to drop about 14.1 M. View More FundamentalsHaynes Stock Against Markets
Picking the right benchmark for Haynes International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Haynes International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Haynes International is critical whether you are bullish or bearish towards Haynes International at a given time. Please also check how Haynes International's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Haynes International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Economic Indicators Now
Economic IndicatorsTop statistical indicators that provide insights into how an economy is performing |
| All Next | Launch Module |
Haynes International Corporate Directors
Haynes International corporate directors refer to members of a Haynes International board of directors. The board of directors generally takes responsibility for the Haynes International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Haynes International's board members must vote for the resolution. The Haynes International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dawne Hickton | Director | Profile | |
| William Wall | Independent Director | Profile | |
| Donald Campion | Independent Director | Profile | |
| Timothy McCarthy | Independent Director | Profile |
How to buy Haynes Stock?
Before investing in Haynes International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Haynes International. To buy Haynes International stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Haynes International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Haynes International stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Haynes International stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Haynes International stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Haynes International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Haynes Stock please use our How to Invest in Haynes International guide.
Already Invested in Haynes International?
The danger of trading Haynes International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Haynes International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Haynes International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Haynes International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Haynes International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Haynes International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Haynes International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Haynes International Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haynes International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. To learn how to invest in Haynes Stock, please use our How to Invest in Haynes International guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Haynes Stock analysis
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.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |
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.