Haynes International Stock Today

HAYN Stock  USD 60.99  0.02  0.03%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Haynes International is selling at 60.99 as of the 21st of November 2024; that is 0.03 percent increase since the beginning of the trading day. The stock's open price was 60.97. Haynes International has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest 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 25th of May 2024 and ending today, the 21st of November 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 12.79 M outstanding shares of which 619.84 K shares are currently shorted by private and institutional investors with about 4.54 trading days to cover. More on Haynes International

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Haynes Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Vice President - OperationsDavid Strobel
Thematic IdeaSteel Works Etc (View all Themes)
Business ConcentrationMetals & 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
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.970.96
Fairly Up
Pretty Stable
Gross Profit Margin0.190.21
Moderately Down
Pretty Stable
Total Current Liabilities67.8 M69.1 M
Fairly Down
Slightly volatile
Non Current Liabilities Total162.5 M175.7 M
Significantly Down
Slightly volatile
Total Assets505.8 M812.2 M
Way Down
Slightly volatile
Total Current Assets320.1 M620 M
Way Down
Slightly volatile
Debt Levels
Haynes International can leverage 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.
Liquidity
Haynes International currently holds 115.51 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. Haynes International has a current ratio of 3.1, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Haynes International's use of debt, we should always consider it together with its cash and equity.

Depreciation

13.99 Million
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 779.76 M. Haynes International conducts business under Metals & Mining sector and is part of Materials industry. The entity has 12.79 M outstanding shares of which 619.84 K shares are currently shorted by private and institutional investors with about 4.54 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 Allocation
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.
Check Haynes Ownership Details

Haynes Stock Institutional Holders

InstituionRecorded OnShares
Qube Research & Technologies2024-06-30
307.7 K
Morgan Stanley - Brokerage Accounts2024-06-30
305.9 K
Geode Capital Management, Llc2024-06-30
292.7 K
Renaissance Technologies Corp2024-09-30
212.4 K
Capula Management Ltd2024-06-30
200.1 K
Cnh Partners, Llc2024-06-30
190.6 K
Hhg Plc2024-06-30
189.7 K
Bank Of Montreal2024-06-30
166.3 K
Bmo Capital Markets Corp.2024-06-30
166.3 K
Blackrock Inc2024-06-30
2.3 M
Vanguard Group Inc2024-09-30
885.2 K
View Haynes International Diagnostics

Haynes International Historical Income Statement

At this time, Haynes International's Income Tax Expense is very stable compared to the past year. As of the 21st of November 2024, Net Income Applicable To Common Shares is likely to grow to about 42.2 M, while Depreciation And Amortization is likely to drop about 13.9 M. View More Fundamentals

Haynes Stock Against Markets

Haynes International Corporate Management

Venkat IshwarVP of Marketing and TechnologyProfile
Susan PerryVice ResourcesProfile
Marlin IIIVice DistributionProfile
David BibberChief Accounting Officer, ControllerProfile
Lee PikeVice TechnologyProfile
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 closely tied 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Metals & Mining space 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
(0.07)
Dividend Share
0.88
Earnings Share
2.9
Revenue Per Share
48.59
Quarterly Revenue Growth
0.07
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.