Horizon Global Corp Company Profile (NYSE:HZN)

About Horizon Global Corp (NYSE:HZN)

Horizon Global Corp logoHorizon Global Corporation is a designer, manufacturer and distributor of a range of custom-engineered towing, trailering, cargo management and other products serving the automotive aftermarket, retail and original equipment (OE) channels. The Company operates through three segments: Horizon Americas, Horizon Asia-Pacific, and Horizon Europe-Africa. Its towing product category includes devices and accessories installed on a tow-vehicle for the purpose of attaching a trailer and camper, among others, such as hitches and other towing accessories. Its trailering product category includes control devices and components of the trailer itself, such as brake controls and brake replacement parts. Its cargo management product category includes a range of products used to facilitate the transportation of various forms of cargo, to secure that cargo or to organize items. Its other product category includes a range of items, such as tubular push bars, side steps, and commercial brooms and brushes.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NYSE:HZN
  • CUSIP: N/A
  • Web: www.horizonglobal.com
Capitalization:
  • Market Cap: $382.44 million
  • Outstanding Shares: 25,581,000
Average Prices:
  • 50 Day Moving Avg: $13.92
  • 200 Day Moving Avg: $18.50
  • 52 Week Range: $10.60 - $26.36
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.68
  • P/E Growth: 0.98
Sales & Book Value:
  • Annual Revenue: $706.37 million
  • Price / Sales: 0.54
  • Book Value: $5.19 per share
  • Price / Book: 2.88
Profitability:
  • EBIDTA: $45.38 million
  • Net Margins: 1.39%
  • Return on Equity: 208.56%
  • Return on Assets: 5.86%
Debt:
  • Debt-to-Equity Ratio: 11.18%
  • Current Ratio: 1.76%
  • Quick Ratio: 0.97%
Misc:
  • Average Volume: 532,436 shs.
  • Beta: 2.11
  • Short Ratio: 1.51
 

Frequently Asked Questions for Horizon Global Corp (NYSE:HZN)

What is Horizon Global Corp's stock symbol?

Horizon Global Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "HZN."

How were Horizon Global Corp's earnings last quarter?

Horizon Global Corp (NYSE:HZN) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.26. The business had revenue of $203.28 million for the quarter, compared to analyst estimates of $204.90 million. Horizon Global Corp had a net margin of 1.39% and a return on equity of 208.56%. View Horizon Global Corp's Earnings History.

What guidance has Horizon Global Corp issued on next quarter's earnings?

Horizon Global Corp updated its second quarter earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $0.67 - $0.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.48.

Where is Horizon Global Corp's stock going? Where will Horizon Global Corp's stock price be in 2017?

7 analysts have issued 12-month price objectives for Horizon Global Corp's stock. Their forecasts range from $16.00 to $23.00. On average, they anticipate Horizon Global Corp's share price to reach $20.00 in the next twelve months. View Analyst Ratings for Horizon Global Corp.

What are analysts saying about Horizon Global Corp stock?

Here are some recent quotes from research analysts about Horizon Global Corp stock:

  • 1. According to Zacks Investment Research, "Horizon Global Corporation is a designer, manufacturer and distributor of towing, trailering, cargo management and accessory products for original equipment, aftermarket and retail customers. Horizon Global Corporation is based in Bloomfield Hills, United States. " (3/14/2017)
  • 2. Seaport Global Securities analysts commented, "We are lowering our rating to Neutral from Buy due to the lower operating performance forecasted in the company's disappointing 2017 outlook. We are lowering our 2017 EPS estimate to $0.91 (from $1.41), and our 2018 estimate to $1.14 (from $1.81) due to lower than previously expected operating profit related to the Westfalia acquisition. In our view, HZN management's communication regarding the fundamental outlook for the US and Europe automotive aftermarket sector appears positive. However, accounting related to the Westfalia acquisition and dilution from the debt and equity offering are negative enough to lower HZN's overall outlook. We believe that HZN shares will be in the penalty box for the next several quarters until HZN management can report more consistent EPS results. We are lowering our price target to $16 (from $27) due to our lower 2017 and 2018 EPS estimates. Our new $16 price target equates to a 2018 P/E of 14.1x and EV/EBITDA multiple of 7.1x (compared to a 2018 P/E of 13.0x and EV/EBITDA of 8.4x for a blend of comparable companies that include auto suppliers and specialty vehicle accessories; Exhibits 1 and 2)." (3/13/2017)

Who are some of Horizon Global Corp's key competitors?

Who are Horizon Global Corp's key executives?

Horizon Global Corp's management team includes the folowing people:

  • Aldo Mark Zeffiro, Co-Chairman of the Board, President, Chief Executive Officer
  • Denise Ilitch, Co-Chairman of the Board
  • David Rice, Chief Financial Officer
  • Ruthanne Largent, Chief Information Officer
  • Jay Goldbaum, Legal Director and Corporate Secretary
  • David C. Dauch, Director
  • Richard L. DeVore, Director
  • Scott G. Kunselman, Director
  • Richard D. Siebert, Director
  • Samuel Valenti III, Director

Who owns Horizon Global Corp stock?

Horizon Global Corp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Tocqueville Asset Management L.P. (4.98%), First Manhattan Co. (4.69%), Dimensional Fund Advisors LP (3.96%), Vanguard Group Inc. (3.48%), Northpointe Capital LLC (3.13%) and Rutabaga Capital Management LLC MA (2.90%). Company insiders that own Horizon Global Corp stock include A Mark Zeffiro, David G Rice, Jay Goldbaum, Richard D Siebert and Scott G Kunselman. View Institutional Ownership Trends for Horizon Global Corp.

Who sold Horizon Global Corp stock? Who is selling Horizon Global Corp stock?

Horizon Global Corp's stock was sold by a variety of institutional investors in the last quarter, including BP Capital Fund Advisors LLC, Driehaus Capital Management LLC, Russell Investments Group Ltd., Morgan Stanley, California Public Employees Retirement System, TIAA CREF Investment Management LLC, Spark Investment Management LLC and ClariVest Asset Management LLC. View Insider Buying and Selling for Horizon Global Corp.

Who bought Horizon Global Corp stock? Who is buying Horizon Global Corp stock?

Horizon Global Corp's stock was acquired by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, GW&K Investment Management LLC, Rutabaga Capital Management LLC MA, Tocqueville Asset Management L.P., Boston Partners, Skylands Capital LLC, Cortina Asset Management LLC and Dimensional Fund Advisors LP. Company insiders that have bought Horizon Global Corp stock in the last two years include A Mark Zeffiro, David G Rice, Jay Goldbaum, Richard D Siebert and Scott G Kunselman. View Insider Buying and Selling for Horizon Global Corp.

How do I buy Horizon Global Corp stock?

Shares of Horizon Global Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Horizon Global Corp's stock price today?

One share of Horizon Global Corp stock can currently be purchased for approximately $14.95.


MarketBeat Community Rating for Horizon Global Corp (NYSE HZN)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  42 (Vote Outperform)
Underperform Votes:  57 (Vote Underperform)
Total Votes:  99
MarketBeat's community ratings are surveys of what our community members think about Horizon Global Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Horizon Global Corp (NYSE:HZN) (?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $20.00 (33.78% upside)

Analysts' Ratings History for Horizon Global Corp (NYSE:HZN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/12/2017BMO Capital MarketsReiterated RatingOutperform$18.00HighView Rating Details
3/14/2017Bank of America CorpInitiated CoverageNeutral -> Neutral$18.00HighView Rating Details
3/13/2017Barrington ResearchLower Price TargetOutperform$22.00MediumView Rating Details
3/13/2017Seaport Global SecuritiesDowngradeBuy -> Neutral$16.00HighView Rating Details
3/8/2017Roth CapitalSet Price TargetBuy$23.00LowView Rating Details
2/21/2017Wells Fargo & CoInitiated CoverageMarket Perform -> Market PerformN/AView Rating Details
9/20/2016CJS SecuritiesInitiated CoverageMarket Outperform$23.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Horizon Global Corp (NYSE:HZN)
Earnings by Quarter for Horizon Global Corp (NYSE:HZN)
Earnings History by Quarter for Horizon Global Corp (NYSE:HZN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.09($0.17)$204.90 million$203.28 millionViewListenView Earnings Details
3/9/2017Q4 2016($0.12)($0.37)$169.15 million$183.61 millionViewListenView Earnings Details
11/1/2016Q316$0.28$0.30$154.49 million$151.72 millionViewN/AView Earnings Details
8/8/2016Q216$0.39$0.64$166.54 million$167.76 millionViewN/AView Earnings Details
5/2/2016Q116$0.08$0.15$143.88 million$146.11 millionViewN/AView Earnings Details
11/10/2015Q315$0.52$0.50$153.74 million$153.34 millionViewListenView Earnings Details
8/10/2015Q215$0.36$0.30$175.97 million$158.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Horizon Global Corp (NYSE:HZN)
2017 EPS Consensus Estimate: $1.14
2018 EPS Consensus Estimate: $1.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.04$0.25$0.11
Q2 20173$0.50$0.55$0.53
Q3 20173$0.36$0.53$0.44
Q4 20173$0.01$0.16$0.07
Q1 20181$0.14$0.14$0.14
Q2 20181$0.45$0.45$0.45
Q3 20181$0.49$0.49$0.49
Q4 20181$0.11$0.11$0.11
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Horizon Global Corp (NYSE:HZN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Horizon Global Corp (NYSE:HZN)
Insider Ownership Percentage: 0.73%
Institutional Ownership Percentage: 63.97%
Insider Trades by Quarter for Horizon Global Corp (NYSE:HZN)
Institutional Ownership by Quarter for Horizon Global Corp (NYSE:HZN)
Insider Trades by Quarter for Horizon Global Corp (NYSE:HZN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/9/2017Scott G KunselmanDirectorBuy2,000$13.97$27,940.00View SEC Filing  
3/14/2017A Mark ZeffiroCEOBuy10,800$13.57$146,556.00View SEC Filing  
3/14/2017Richard D SiebertDirectorBuy1,000$13.42$13,420.00View SEC Filing  
3/13/2017David G RiceCFOBuy4,000$14.41$57,640.00View SEC Filing  
3/13/2017Jay GoldbaumDirectorBuy1,100$14.63$16,093.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Horizon Global Corp (NYSE:HZN)
Latest Headlines for Horizon Global Corp (NYSE:HZN)
Source:
DateHeadline
americanbankingnews.com logoHorizon Global Corp (HZN) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 19 at 4:46 PM
finance.yahoo.com logoHorizon Global Corp. breached its 50 day moving average in a Bullish Manner : HZN-US : May 12, 2017
finance.yahoo.com - May 12 at 6:28 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Director Buys $27,940.00 in Stock
www.americanbankingnews.com - May 11 at 8:48 PM
finance.yahoo.com logoETFs with exposure to Horizon Global Corp. : May 8, 2017
finance.yahoo.com - May 8 at 5:29 PM
fool.com logoHorizon Global Corp. Reports Another Loss but Raises Full-Year Profit Guidance
www.fool.com - May 8 at 10:46 AM
americanbankingnews.com logoHorizon Global Corp Forecasted to Post Q3 2017 Earnings of $0.53 Per Share (HZN)
www.americanbankingnews.com - May 8 at 8:59 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Horizon Global Corp Raised by Seaport Global Securities (HZN)
www.americanbankingnews.com - May 8 at 8:52 AM
finance.yahoo.com logoHorizon Global Corp. :HZN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 5:47 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 5 at 5:00 PM
finance.yahoo.com logoHorizon Global reports 1Q loss
finance.yahoo.com - May 4 at 11:54 AM
americanbankingnews.com logo$204.9 Million in Sales Expected for Horizon Global Corp (HZN) This Quarter
www.americanbankingnews.com - May 4 at 1:36 AM
americanbankingnews.com logo$0.09 EPS Expected for Horizon Global Corp (HZN) This Quarter
www.americanbankingnews.com - May 4 at 1:36 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Issues Q2 Earnings Guidance
www.americanbankingnews.com - May 4 at 12:16 AM
finance.yahoo.com logoHorizon Global Reports Financial Results for the First Quarter 2017; Raises Full-Year 2017 Earnings Per Share Guidance and Announces Share Repurchase Program
finance.yahoo.com - May 3 at 5:25 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Earns Daily News Sentiment Rating of 0.37
www.americanbankingnews.com - May 3 at 10:34 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Expected to Announce Quarterly Sales of $204.9 Million
www.americanbankingnews.com - April 30 at 10:10 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Earns Daily Coverage Optimism Score of -0.07
www.americanbankingnews.com - April 29 at 11:15 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Expected to Post Earnings of $0.09 Per Share
www.americanbankingnews.com - April 28 at 8:53 AM
finance.yahoo.com logoHorizon Global to Present at the Wells Fargo Securities 2017 Industrial and Construction Conference
finance.yahoo.com - April 26 at 7:33 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Earns News Sentiment Rating of 0.35
www.americanbankingnews.com - April 26 at 6:32 PM
prnewswire.com logoHow These Industrial Equipment Stocks are Faring? -- Horizon Global, WESCO, MSC Industrial, and Wesco Aircraft
www.prnewswire.com - April 25 at 5:19 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 24 at 8:20 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Earns Daily Media Impact Score of 0.28
www.americanbankingnews.com - April 21 at 4:17 PM
finance.yahoo.com logoHorizon Global Announces Date for First Quarter 2017 Earnings Release
finance.yahoo.com - April 20 at 5:54 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Earning Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 18 at 5:30 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Getting Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 15 at 11:45 AM
americanbankingnews.com logoAnalysts Offer Predictions for Horizon Global Corp's Q3 2017 Earnings (HZN)
www.americanbankingnews.com - April 13 at 9:43 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Earns Outperform Rating from Analysts at BMO Capital Markets
www.americanbankingnews.com - April 12 at 9:03 AM
americanbankingnews.com logoQ1 2017 EPS Estimates for Horizon Global Corp (HZN) Lowered by Analyst
www.americanbankingnews.com - April 12 at 8:38 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Expected to Post Quarterly Sales of $204.9 Million
www.americanbankingnews.com - April 8 at 7:58 AM
finance.yahoo.com logoETFs with exposure to Horizon Global Corp. : April 7, 2017
finance.yahoo.com - April 7 at 5:41 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Expected to Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - April 7 at 12:13 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - March 29 at 1:22 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Coverage Initiated at Wells Fargo & Co
www.americanbankingnews.com - March 26 at 12:31 PM
finance.yahoo.com logoBolan's Blowout looks at Alarm.com (ALRM) and Horizon Global (HZN)
finance.yahoo.com - March 16 at 9:29 PM
americanbankingnews.com logoA Mark Zeffiro Buys 10,800 Shares of Horizon Global Corp (HZN) Stock
www.americanbankingnews.com - March 16 at 8:27 PM
capitalcube.com logoHorizon Global Corp. :HZN-US: Earnings Analysis: Q4, 2016 By the Numbers : March 16, 2017
us.rd.yahoo.com - March 16 at 4:27 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 15 at 2:19 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Director Jay Goldbaum Purchases 1,100 Shares
www.americanbankingnews.com - March 15 at 12:24 AM
americanbankingnews.com logoHorizon Global Corp (HZN) Coverage Initiated at Bank of America Corp
www.americanbankingnews.com - March 14 at 9:27 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Stock Rating Lowered by TheStreet
www.americanbankingnews.com - March 13 at 7:31 PM
us.rd.yahoo.com logoHorizon Global downgraded by Seaport Global Securities
us.rd.yahoo.com - March 13 at 5:42 PM
thestreet.com logoHorizon Global Shares Slide After Stock Downgraded at Seaport
www.thestreet.com - March 13 at 5:42 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Horizon Global Corp (HZN) Lowered by Analyst
www.americanbankingnews.com - March 13 at 11:38 AM
rttnews.com logoHorizon Global Corp. (HZN) Fell To A 7-Month Low After Q4 Loss
www.rttnews.com - March 10 at 11:58 PM
biz.yahoo.com logoHORIZON GLOBAL CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 10 at 6:58 PM
us.rd.yahoo.com logoHorizon Global Reports Financial Results for the Fourth Quarter and Full Year 2016, Highlighted by the Transformational Acquisition of Westfalia
us.rd.yahoo.com - March 9 at 3:52 PM
sg.finance.yahoo.com logoHorizon Global reports 4Q loss
us.rd.yahoo.com - March 9 at 3:52 PM
biz.yahoo.com logoQ4 2016 Horizon Global Corp Earnings Release - Before Market Open
us.rd.yahoo.com - March 9 at 3:52 PM
americanbankingnews.com logoHorizon Global Corp (HZN) Updates FY17 Earnings Guidance
www.americanbankingnews.com - March 9 at 10:48 AM

Social

Chart

Horizon Global Corp (HZN) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff