NASDAQ:HIHO

Highway - HIHO Stock Forecast, Price & News

$2.17

+0.03 (+1.40%)

(As of 08/19/2022 12:00 AM ET)

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Today's Range: $2.09
▼
$2.23
50-Day Range: $1.76
▼
$2.45
52-Week Range: $1.71
▼
$5.02

Volume: 91,543 shs
Average Volume: 43,907 shs
Market Capitalization: $8.76 million

P/E Ratio: 18.13
Dividend Yield: 7.94%
Price Target: N/A

About Highway (NASDAQ:HIHO) Stock

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.

Highway Stock Performance

NASDAQ:HIHO traded up $0.05 during trading on Friday, hitting $2.19. The stock had a trading volume of 200 shares, compared to its average volume of 262,312. The stock has a 50 day simple moving average of $2.10 and a 200 day simple moving average of $2.45. Highway has a one year low of $1.71 and a one year high of $5.02. The stock has a market capitalization of $8.83 million, a price-to-earnings ratio of 17.83 and a beta of 0.26.

Highway (NASDAQ:HIHO - Get Rating) last posted its quarterly earnings data on Monday, July 25th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $2.94 billion during the quarter. Highway had a return on equity of 5.12% and a net margin of 0.02%.

Highway Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 7th. Investors of record on Friday, September 30th will be issued a $0.15 dividend. This is a positive change from Highway's previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 27.40%. Highway's payout ratio is presently 141.68%.

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HIHO Stock News Headlines

August 13, 2022 | seekingalpha.com

Highway Holdings declares $0.15 dividend

August 8, 2022 | nasdaq.com

Estimating The Fair Value Of Highway Holdings Limited (NASDAQ:HIHO)

August 7, 2022 | seekingalpha.com

RHE, HIHO and FEDU among mid-day movers

August 6, 2022 | finance.yahoo.com

A Look At The Fair Value Of Highway Holdings Limited (NASDAQ:HIHO)

July 26, 2022 | seekingalpha.com

Highway Holdings GAAP EPS of $0.09, revenue of $2.94M

July 25, 2022 | finanznachrichten.de

Highway Holdings Limited: Highway Holdings Reports Fiscal 2023 First Quarter Results

July 25, 2022 | finance.yahoo.com

Highway Holdings Reports Fiscal 2023 First Quarter Results

June 30, 2022 | seekingalpha.com

Highway Holdings GAAP EPS of -$0.09, revenue of $3M

June 30, 2022 | finance.yahoo.com

Highway Holdings Reports Fiscal 2022 Fourth Quarter and Year-End Results

June 8, 2022 | washingtonpost.com

Effort to rename Indian Head Highway in Md. goes awry - The Washington Post

June 6, 2022 | apnews.com

Arrest after Caltrans worker killed in highway hit-and-run - The Associated Press - en Español

June 5, 2022 | usnews.com

Arrest After Caltrans Worker Killed in Highway Hit-And-Run - U.S. News & World Report

June 3, 2022 | abcnews.go.com

13 hurt when Greyhound bus blows tire on California highway - ABC News

June 3, 2022 | nbcnews.com

Highway shootings are on the rise in some states — and notoriously difficult to solve - NBC News

May 30, 2022 | nypost.com

Seven hurt after rival biker gangs get in shootout on Nevada highway: cops - New York Post

May 27, 2022 | nypost.com

Driver killed after car flies off elevated Bronx highway, hits house below - New York Post

May 26, 2022 | usnews.com

Senate Confirms Steven Cliff to Lead Highway Safety Agency - U.S. News & World Report

May 24, 2022 | usnews.com

3 Texans Die in New Mexico Highway Crash Involving Towed SUV - U.S. News & World Report

May 23, 2022 | forbes.com

Michigan Plans Special Robocar/ADAS Smart Highway On I-94; A Dumb Highway Is Better - Forbes

May 18, 2022 | usnews.com

Shooting Along Indiana Highway Where SUV Was Stopped Kills 2 - U.S. News & World Report

May 17, 2022 | abcnews.go.com

Shooting along Indiana highway where SUV was stopped kills 2 - ABC News

May 14, 2022 | nypost.com

6 injured, 2 seriously, when small plane crashes, catches fire on Miami highway - New York Post

May 13, 2022 | nypost.com

Dramatic video shows fiery crash involving dump truck on Ohio highway - New York Post

May 13, 2022 | usatoday.com

Crash causes explosion on Ohio highway - USA TODAY

May 13, 2022 | latimes.com

Pacific Coast Highway crash kills 3, injures construction workers - Los Angeles Times

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30 days | 90 days | 365 days | Advanced Chart

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HIHO Company Calendar

Last Earnings: 7/25/2022
Today: 8/19/2022
Ex-Dividend for 10/7 Dividend: 9/29/2022
Dividend Payable: 10/07/2022
Next Earnings (Estimated): 10/17/2022
Fiscal Year End: 3/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous fabricated metal products
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:HIHO
CUSIP: N/A
CIK: 1026785
Web: www.highwayholdings.com
Phone: (522) 344-4248
Fax: 852-2343-4976
Employees: 206
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.12
Trailing P/E Ratio: 18.13
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $440,000.00
Net Margins: 0.02%
Pretax Margin: 0.02%
Return on Equity: 5.12%
Return on Assets: 3.36%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.04
Quick Ratio: 2.49

Sales & Book Value

Annual Sales: $12.36 million
Price / Sales: 0.71
Cash Flow: $0.15 per share
Price / Cash Flow: 14.04
Book Value: $2.42 per share
Price / Book: 0.90

Miscellaneous

Outstanding Shares: 4,027,000
Free Float: N/A
Market Cap: $8.76 million
Optionable: Not Optionable
Beta: 0.26

Key Executives

Mr. Roland Walter Kohl (Age 73)
Founder, Chairman, CEO & Pres

Mr. Alan Chan (Age 59)
CFO, Treasurer & Sec.

Mr. Ringo Tsang (Age 56)
Chief Operating Officer

Key Competitors

View All Competitors

Insiders & Institutions

Renaissance Technologies LLC
Sold 5,200 shares on 8/13/2022
Ownership: 5.712%

View All Insider Transactions
View All Institutional Transactions

HIHO Stock - Frequently Asked Questions

How have HIHO shares performed in 2022?: Highway's stock was trading at $4.10 at the beginning of the year. Since then, HIHO shares have decreased by 47.8% and is now trading at $2.14.
View the best growth stocks for 2022 here.
When is Highway's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 17th 2022.
View our HIHO earnings forecast.
How were Highway's earnings last quarter?: Highway Holdings Limited (NASDAQ:HIHO) posted its earnings results on Monday, July, 25th. The industrial products company reported $0.09 earnings per share for the quarter. The industrial products company had revenue of $2.94 billion for the quarter. Highway had a trailing twelve-month return on equity of 5.12% and a net margin of 0.02%.
How often does Highway pay dividends? What is the dividend yield for Highway?: Highway announced a quarterly dividend on Thursday, August 11th. Investors of record on Friday, September 30th will be given a dividend of $0.15 per share on Friday, October 7th. This represents a $0.60 annualized dividend and a dividend yield of 28.04%. The ex-dividend date is Thursday, September 29th. This is an increase from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for HIHO.
Is Highway a good dividend stock?: Highway (NASDAQ:HIHO) pays an annual dividend of $0.17 per share and currently has a dividend yield of 8.06%. HIHO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 141.68%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HIHO.
What other stocks do shareholders of Highway own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Highway investors own include Camtek (CAMT), Just Energy Group (JE), Rite Aid (RAD), Ares Capital (ARCC), Energy Transfer (ET), AcelRx Pharmaceuticals (ACRX), Actinium Pharmaceuticals (ATNM), BIOLASE (BIOL), Celldex Therapeutics (CLDX) and Enterprise Products Partners (EPD).

What is Highway's stock symbol?: Highway trades on the NASDAQ under the ticker symbol "HIHO."
Who are Highway's major shareholders?: Highway's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.71%).
View institutional ownership trends.
How do I buy shares of Highway?: Shares of HIHO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Highway's stock price today?: One share of HIHO stock can currently be purchased for approximately $2.14.
How much money does Highway make?: Highway (NASDAQ:HIHO) has a market capitalization of $8.62 million and generates $12.36 million in revenue each year. The industrial products company earns $440,000.00 in net income (profit) each year or $0.12 on an earnings per share basis.
How many employees does Highway have?: The company employs 206 workers across the globe.
How can I contact Highway?: Highway's mailing address is Suite 1801 Level 18 Landmark North 39 Lung Sum Avenue, Hong Kong K3, . The official website for the company is www.highwayholdings.com. The industrial products company can be reached via phone at (522) 344-4248 or via fax at 852-2343-4976.

This page (NASDAQ:HIHO) was last updated on 8/19/2022 by MarketBeat.com Staff

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