S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Haynes International (HAYN) Competitors

$60.25
-0.10 (-0.17%)
(As of 04/19/2024 ET)

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 vs.

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Haynes International
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Insteel Industries
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

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.

Company Net Margins Return on Equity Return on Assets
Haynes International6.94% 9.89% 6.03%
Insteel Industries 3.71%6.16%5.24%

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.

CompanyUnderperformOutperform
Haynes InternationalOutperform Votes
220
55.14%
Underperform Votes
179
44.86%
Insteel IndustriesOutperform Votes
204
62.01%
Underperform Votes
125
37.99%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Haynes International
2 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Neutral
Insteel Industries
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Haynes International$604.64M1.27$41.97M$3.2618.48
Insteel Industries$604.01M1.08$32.42M$1.1529.17

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.

New MarketBeat Followers Over Time

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 Chart

Media Sentiment Over Time

This 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

HAYN vs. The Competition

MetricHaynes InternationalSteel works, blast furnaces, & rolling & finishing mills IndustryMaterials SectorNASDAQ Exchange
Market Cap$770.18M$4.58B$2.87B$7.30B
Dividend Yield1.45%3.28%5.37%4.01%
P/E Ratio18.4813.23141.8320.04
Price / Sales1.270.64885,556.4689.18
Price / Cash12.7110.6123.4934.82
Price / Book1.771.383.604.16
Net Income$41.97M$1.20B$173.83M$214.20M
7 Day Performance-0.68%-3.73%-0.88%-3.54%
1 Month Performance0.50%-7.06%14.95%-4.09%
1 Year Performance20.09%3.67%127.57%3.28%

Haynes International Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IIIN
Insteel Industries
1.9166 of 5 stars
$33.16
-2.8%
N/A+18.8%$644.96M$649.19M28.84884Upcoming Earnings
News Coverage
WS
Worthington Steel
2.0474 of 5 stars
$32.87
flat
$40.00
+21.7%
N/A$1.65B$3.41B0.004,100
WLKP
Westlake Chemical Partners
2.0662 of 5 stars
$21.90
flat
$26.50
+21.0%
-5.1%$771.54M$1.19B14.222,020
ZEUS
Olympic Steel
3.0755 of 5 stars
$68.34
-0.4%
N/A+26.5%$760.62M$2.16B17.752,168Positive News
EU
enCore Energy
2.8996 of 5 stars
$4.16
-1.4%
$6.00
+44.2%
N/A$754.37MN/A-26.00N/APositive News
ASTL
Algoma Steel Group
1.7307 of 5 stars
$7.65
-1.0%
N/A-2.2%$796.37M$2.10B76.502,847Positive News
CRML
Critical Metals
0 of 5 stars
$9.10
-9.0%
N/AN/A$742.92MN/A0.00N/ANews Coverage
Gap Down
LAAC
Lithium Americas (Argentina)
4.0026 of 5 stars
$5.06
-2.5%
$10.70
+111.5%
N/A$813.50MN/A0.63850Positive News
Gap Down
DRD
DRDGOLD
1.2926 of 5 stars
$8.38
-0.1%
$13.25
+58.2%
-22.1%$724.10M$309.85M0.003,082Analyst Upgrade
TGB
Taseko Mines
1.9515 of 5 stars
$2.49
+2.0%
$2.83
+13.8%
+39.1%$723.87M$388.86M12.45N/A

Related Companies and Tools

This page (NASDAQ:HAYN) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners