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NASDAQ:HAYN

Haynes International (HAYN) Stock Price, News & Analysis

Haynes International logo
$60.36
-0.14 (-0.23%)
(As of 10/31/2024 ET)

About Haynes International Stock (NASDAQ:HAYN)

Key Stats

Today's Range
$60.10
$60.57
50-Day Range
$58.50
$60.53
52-Week Range
$42.77
$60.86
Volume
315,001 shs
Average Volume
152,618 shs
Market Capitalization
$771.70 million
P/E Ratio
20.74
Dividend Yield
1.46%
Price Target
N/A
Consensus Rating
Hold

Company Overview

Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, China, and internationally. The company offers high-temperature resistant alloys used by manufacturers of equipment, including jet engines for the aerospace market, gas turbine engines for power generation, and industrial heating equipment. It also provides corrosion-resistant alloys used in various applications, including chemical processing, power plant emissions control, and hazardous waste treatment. In addition, its products also have applications in flue-gas desulfurization, oil and gas, waste incineration, industrial heat treating, automotive, thermocouples, sensors and instrumentation, biopharmaceuticals, solar, and nuclear fuel. Further, the company produces its products in various forms, such as seamless and welded tubulars, slab, bar, billet, and wire. Additionally, it sells its products primarily through direct sales organizations, and network of independent distributors and sales agents. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana.

Haynes International Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
75th Percentile Overall Score

HAYN MarketRank™: 

Haynes International scored higher than 75% of companies evaluated by MarketBeat, and ranked 79th out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Haynes International are expected to grow by 69.41% in the coming year, from $2.55 to $4.32 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Haynes International is 20.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Haynes International is 20.74, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 128.98.

  • Price to Earnings Growth Ratio

    Haynes International has a PEG Ratio of 0.67. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Haynes International has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Haynes International's valuation and earnings.
  • Percentage of Shares Shorted

    3.20% of the float of Haynes International has been sold short.
  • Short Interest Ratio / Days to Cover

    Haynes International has a short interest ratio ("days to cover") of 4.
  • Change versus previous month

    Short interest in Haynes International has recently increased by 2.71%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Haynes International pays a meaningful dividend of 1.45%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Haynes International does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Haynes International is 30.24%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Haynes International will have a dividend payout ratio of 20.37% next year. This indicates that Haynes International will be able to sustain or increase its dividend.

  • Read more about Haynes International's dividend.
  • Percentage of Shares Shorted

    3.20% of the float of Haynes International has been sold short.
  • Short Interest Ratio / Days to Cover

    Haynes International has a short interest ratio ("days to cover") of 4.
  • Change versus previous month

    Short interest in Haynes International has recently increased by 2.71%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Haynes International has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Haynes International this week, compared to 4 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Haynes International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $402,347.00 in company stock.

  • Percentage Held by Insiders

    Only 6.10% of the stock of Haynes International is held by insiders.

  • Percentage Held by Institutions

    97.31% of the stock of Haynes International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Haynes International's insider trading history.
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HAYN Stock News Headlines

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HAYN Stock Analysis - Frequently Asked Questions

Haynes International's stock was trading at $57.05 at the beginning of 2024. Since then, HAYN shares have increased by 5.8% and is now trading at $60.36.
View the best growth stocks for 2024 here
.

Haynes International, Inc. (NASDAQ:HAYN) posted its quarterly earnings data on Thursday, August, 1st. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by $0.33. The basic materials company earned $153.92 million during the quarter, compared to analysts' expectations of $159.35 million. Haynes International had a net margin of 6.11% and a trailing twelve-month return on equity of 8.45%.

The following companies are subsidiaries of Haynes International: Haynes International AG, Haynes International (China) Ltd., Haynes International (China) Trading Co. Ltd., Haynes International K. K., Haynes International Ltd., Haynes International S.A.R.L., Haynes International S.r.l., Haynes Pacific Pte. Ltd., and LaPorte Custom Metal Processing LLC.

Haynes International's top institutional investors include New York State Teachers Retirement System (0.19%). Insiders that own company stock include Daniel W Maudlin, Marlin C Losch III, Scott R Pinkham, Venkat Ishwar and Bibber David Sean Van.
View institutional ownership trends
.

Shares of HAYN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Haynes International investors own include JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), Home Depot (HD) and Netflix (NFLX).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 9/16 Dividend
8/30/2024
Dividend Payable
9/16/2024
Today
10/31/2024
Next Earnings (Estimated)
11/21/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
Steel
Current Symbol
NASDAQ:HAYN
CUSIP
42087720
Employees
1,284
Year Founded
1912

Profitability

Net Income
$41.97 million
Pretax Margin
7.46%

Debt

Sales & Book Value

Annual Sales
$614.33 million
Cash Flow
$4.75 per share
Book Value
$34.11 per share

Miscellaneous

Free Float
12,005,000
Market Cap
$771.70 million
Optionable
Optionable
Beta
1.39

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This page (NASDAQ:HAYN) was last updated on 10/31/2024 by MarketBeat.com Staff
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