HAYN vs. IIIN, WS, WLKP, ZEUS, EU, ASTL, CRML, LAAC, DRD, and TGB
Should you be buying Haynes International stock or one of its competitors? The main competitors of Haynes International include Insteel Industries (IIIN), Worthington Steel (WS), Westlake Chemical Partners (WLKP), Olympic Steel (ZEUS), enCore Energy (EU), Algoma Steel Group (ASTL), Critical Metals (CRML), Lithium Americas (Argentina) (LAAC), DRDGOLD (DRD), and Taseko Mines (TGB).
Haynes International (NASDAQ:HAYN) and Insteel Industries (NASDAQ:IIIN) are both small-cap basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, profitability, media sentiment, dividends, risk, valuation, earnings, community ranking and institutional ownership.
Haynes International presently has a consensus target price of $60.00, indicating a potential downside of 0.41%. Given Haynes International's higher probable upside, equities analysts plainly believe Haynes International is more favorable than Insteel Industries.
Haynes International pays an annual dividend of $0.88 per share and has a dividend yield of 1.5%. Insteel Industries pays an annual dividend of $0.12 per share and has a dividend yield of 0.4%. Haynes International pays out 27.0% of its earnings in the form of a dividend. Insteel Industries pays out 10.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
97.3% of Haynes International shares are held by institutional investors. Comparatively, 83.3% of Insteel Industries shares are held by institutional investors. 6.1% of Haynes International shares are held by insiders. Comparatively, 5.6% of Insteel Industries shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Haynes International has a net margin of 6.94% compared to Insteel Industries' net margin of 3.71%. Haynes International's return on equity of 9.89% beat Insteel Industries' return on equity.
Haynes International received 16 more outperform votes than Insteel Industries when rated by MarketBeat users. However, 62.01% of users gave Insteel Industries an outperform vote while only 55.14% of users gave Haynes International an outperform vote.
In the previous week, Haynes International had 6 more articles in the media than Insteel Industries. MarketBeat recorded 9 mentions for Haynes International and 3 mentions for Insteel Industries. Insteel Industries' average media sentiment score of 1.05 beat Haynes International's score of -0.10 indicating that Insteel Industries is being referred to more favorably in the news media.
Haynes International has higher revenue and earnings than Insteel Industries. Haynes International is trading at a lower price-to-earnings ratio than Insteel Industries, indicating that it is currently the more affordable of the two stocks.
Haynes International has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500. Comparatively, Insteel Industries has a beta of 1.14, suggesting that its share price is 14% more volatile than the S&P 500.
Summary
Haynes International beats Insteel Industries on 14 of the 18 factors compared between the two stocks.
Get Haynes International News Delivered to You Automatically
Sign up to receive the latest news and ratings for HAYN and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding HAYN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart
Haynes International Competitors List
Related Companies and Tools