NASDAQ:HAYN

Haynes International (HAYN) Stock Price, News & Analysis

$60.36
-0.11 (-0.18%)
(As of 04/24/2024 ET)
Today's Range
$60.21
$60.53
50-Day Range
$59.15
$60.68
52-Week Range
$41.15
$60.86
Volume
138,423 shs
Average Volume
211,900 shs
Market Capitalization
$771.40 million
P/E Ratio
18.52
Dividend Yield
1.46%
Price Target
$60.00

Haynes International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.6% Downside
$60.00 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.01
Upright™ Environmental Score
News Sentiment
-0.25mentions of Haynes International in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
29.50%
From $3.83 to $4.96 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.62 out of 5 stars

Basic Materials Sector

68th out of 173 stocks

Steel Works, Blast Furnaces, & Rolling & Finishing Mills Industry

2nd out of 6 stocks

HAYN stock logo

About Haynes International Stock (NASDAQ:HAYN)

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.

HAYN Stock Price History

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Company Calendar

Last Earnings
2/09/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
4/24/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
9/30/2024

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

Price Target and Rating

Average Stock Price Target
$60.00
High Stock Price Target
$60.00
Low Stock Price Target
$60.00
Potential Upside/Downside
-0.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$41.97 million
Pretax Margin
8.49%

Debt

Sales & Book Value

Annual Sales
$589.96 million
Cash Flow
$4.78 per share
Book Value
$34.11 per share

Miscellaneous

Free Float
12,003,000
Market Cap
$772.04 million
Optionable
Optionable
Beta
1.43

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Key Executives

  • Mr. Michael L. Shor (Age 64)
    President, CEO & Director
    Comp: $1.23M
  • Mr. Daniel W. Maudlin (Age 58)
    VP of Finance, Treasurer & CFO
    Comp: $568.46k
  • Mr. David L. Strobel (Age 63)
    Vice President of Operations
    Comp: $613.51k
  • Mr. Marlin C. Losch III (Age 64)
    Vice President of Sales & Distribution
    Comp: $515.11k
  • Mr. Scott R. Pinkham (Age 57)
    Vice President of Tube & Wire Products
    Comp: $465.15k
  • Mr. David Sean Van Bibber (Age 53)
    Controller & Chief Accounting Officer
  • Lee M. Pike
    VP of Research & Technology
  • Mr. Gregory W. Tipton (Age 62)
    VP & Chief Information Officer
  • Ms. Angela M. Kohlheim (Age 51)
    VP, General Counsel & Corporate Secretary
  • Ms. Susan Perry (Age 51)
    Vice President of Human Resources

HAYN Stock Analysis - Frequently Asked Questions

Should I buy or sell Haynes International stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Haynes International in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HAYN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HAYN, but not buy additional shares or sell existing shares.
View HAYN analyst ratings
or view top-rated stocks.

What is Haynes International's stock price target for 2024?

2 brokerages have issued 12 month price targets for Haynes International's stock. Their HAYN share price targets range from $60.00 to $60.00. On average, they predict the company's stock price to reach $60.00 in the next year. This suggests that the stock has a possible downside of 0.6%.
View analysts price targets for HAYN
or view top-rated stocks among Wall Street analysts.

How have HAYN shares performed in 2024?

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

Are investors shorting Haynes International?

Haynes International saw a increase in short interest in March. As of March 31st, there was short interest totaling 215,800 shares, an increase of 5.3% from the March 15th total of 205,000 shares. Based on an average daily volume of 211,100 shares, the short-interest ratio is presently 1.0 days. Approximately 1.7% of the shares of the company are sold short.
View Haynes International's Short Interest
.

When is Haynes International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our HAYN earnings forecast
.

How were Haynes International's earnings last quarter?

Haynes International, Inc. (NASDAQ:HAYN) announced its quarterly earnings results on Friday, February, 9th. The basic materials company reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by $0.10. The basic materials company earned $147.36 million during the quarter, compared to analyst estimates of $151.94 million. Haynes International had a trailing twelve-month return on equity of 9.89% and a net margin of 6.94%. During the same quarter in the previous year, the company posted $0.61 earnings per share.

How often does Haynes International pay dividends? What is the dividend yield for Haynes International?

Haynes International announced a quarterly dividend on Thursday, February 29th. Investors of record on Friday, March 1st will be given a dividend of $0.22 per share on Friday, March 15th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for HAYN
.

Is Haynes International a good dividend stock?

Haynes International (NASDAQ:HAYN) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.47%. The dividend payout ratio is 26.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAYN will have a dividend payout ratio of 17.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HAYN.

What is Mark M. Comerford's approval rating as Haynes International's CEO?

15 employees have rated Haynes International Chief Executive Officer Mark M. Comerford on Glassdoor.com. Mark M. Comerford has an approval rating of 81% among the company's employees. 69.0% of employees surveyed would recommend working at Haynes International to a friend.

What other stocks do shareholders of Haynes International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Haynes International investors own include Overstock.com (OSTK), NVIDIA (NVDA), Boeing (BA), Advanced Micro Devices (AMD), AngloGold Ashanti (AU), Avid Technology (AVID), Enphase Energy (ENPH), Main Street Capital (MAIN), OPKO Health (OPK) and Vista Outdoor (VSTO).

How do I buy shares of Haynes International?

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.

Does Haynes International have any subsidiaries?
The following companies are subsidiares of Haynes International: Haynes International (China) Ltd., Haynes International (China) Trading Co. Ltd., Haynes International AG, 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.
Read More
This page (NASDAQ:HAYN) was last updated on 4/24/2024 by MarketBeat.com Staff

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