NYSE:HZN

Horizon Global - HZN Stock Forecast, Price & News

$2.16

+0.24 (+12.50%)

(As of 08/18/2022 12:56 PM ET)

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Today's Range: $2.09
▼
$2.16
50-Day Range: $1.34
▼
$2.16
52-Week Range: $1.30
▼
$8.75

Volume: 726 shs
Average Volume: 36,861 shs
Market Capitalization: $59.79 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Horizon Global MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.48% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.67
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$12,681 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Auto/Tires/Trucks Sector

65th out of 112 stocks

Motor Vehicle Parts & Accessories Industry

22nd out of 38 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Horizon Global.

5.0

Short Interest

Percentage of Shares Shorted
0.48% of the float of Horizon Global has been sold short.
Short Interest Ratio / Days to Cover
Horizon Global has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Horizon Global has recently decreased by 7.29%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Horizon Global does not currently pay a dividend.
Dividend Growth
Horizon Global does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HZN.

3.7

News and Social Media Coverage

News Sentiment
Horizon Global has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Horizon Global this week, compared to 0 articles on an average week.
Search Interest
8 people have searched for HZN on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Horizon Global to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Horizon Global insiders have bought more of their company's stock than they have sold. Specifically, they have bought $12,681.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
19.82% of the stock of Horizon Global is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
68.24% of the stock of Horizon Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Horizon Global is -0.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Horizon Global is -0.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Horizon Global (NYSE:HZN) Stock

Horizon Global Corporation engages in the design, manufacture, and distribution of towing, trailering, cargo management, and other related accessory products worldwide. It operates in two segments, Horizon Americas and Horizon Europe-Africa. The company provides towing products, such as hitches/tow bars, fifth wheels, gooseneck hitches, weight distribution systems, brake controllers, wiring harnesses, draw bars, ball mounts, crossbars, security products, and other towing accessories. It also offers trailering products, including brake controllers, jacks, winches, couplers, interior and exterior vehicle lighting, and brake replacement parts. In addition, the company provides cargo management products comprising bike racks, roof cross bar systems, cargo carriers, luggage boxes, car interior protective products, loading ramps, and interior travel organizers. Further, it offers other products consisting of tubular push and sports bars, side steps, skid plates, and oil pans. The company sells its products under the Reese, Draw-Tite, Westfalia, Bulldog, BTM, Fulton, Reese Secure, Reese Explorer, Reese Power Sports, Reese Towpower, ROLA, Tekonsha, WesBar, and Witter Towbar Systems brands. It serves aftermarket, automotive original equipment manufacturers, automotive original equipment servicers, retail, e-commerce, and industrial customers within the agricultural, automotive, construction, horse/livestock, industrial, marine, military, recreational, trailer, and utility markets. The company was incorporated in 2015 and is headquartered in Plymouth, Michigan.

Horizon Global Trading Up 6.7 %

HZN opened at $1.92 on Thursday. Horizon Global has a 1-year low of $1.30 and a 1-year high of $8.75. The company has a 50 day simple moving average of $1.65 and a two-hundred day simple moving average of $3.54.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Horizon Global in a research note on Wednesday. They issued a "hold" rating for the company.

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HZN Stock News Headlines

August 18, 2022 | americanbankingnews.com

Horizon Global Co. (NYSE:HZN) Sees Large Decrease in Short Interest

August 18, 2022 | americanbankingnews.com

Horizon Global (NYSE:HZN) Coverage Initiated by Analysts at StockNews.com

August 18, 2022 | Investing Trends (Ad)

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This is a National Emergency. Right now, China controls a CRITICAL resource that we need for our planes, missiles, vehicles, and weapons. However, executive orders from Biden and Trump are forcing China out of the game...

August 17, 2022 | finance.yahoo.com

Horizon Global (HZN) Q2 2022 Earnings Call Transcript

August 10, 2022 | americanbankingnews.com

Horizon Global (NYSE:HZN) Now Covered by Analysts at StockNews.com

August 9, 2022 | finance.yahoo.com

Horizon Global Reports Financial Results for Second Quarter 2022

August 7, 2022 | americanbankingnews.com

Horizon Global (HZN) to Release Earnings on Tuesday

August 2, 2022 | americanbankingnews.com

Horizon Global (NYSE:HZN) Coverage Initiated at StockNews.com

August 18, 2022 | Investing Trends (Ad)

Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium

The soaring demand for lithium is driven by worldwide demand for electric vehicles (EVs). Lithium is ideal for electric cars. It's lightweight, stores lots of energy and is rechargeable. Sales of EVs are expected to increase 10-fold by 2030 and estimates are that 1 in 2 cars sold will be electric by 2040.

July 29, 2022 | finance.yahoo.com

Horizon Global Announces Date for Second Quarter 2022 Results Conference Call

July 29, 2022 | finance.yahoo.com

New Product Introduction: Hidden Hitch® by Draw-Tite

July 25, 2022 | americanbankingnews.com

Horizon Global (NYSE:HZN) Receives New Coverage from Analysts at StockNews.com

June 29, 2022 | seekingalpha.com

Horizon Global appoints CFO

June 29, 2022 | finance.yahoo.com

Horizon Global Announces Appointment of Jian James Zhou as Chief Financial Officer

June 27, 2022 | finance.yahoo.com

Horizon Global (NYSE:HZN) investors are sitting on a loss of 87% if they invested five years ago

June 8, 2022 | finance.yahoo.com

Horizon Global and Continental Settle Long-standing Patent Dispute

May 16, 2022 | nasdaq.com

Buying Power of Bitcoin vs. Horizon Global at New 52-Week High

May 12, 2022 | finance.yahoo.com

Insiders who purchased Horizon Global Corporation (NYSE:HZN) earlier this year lose an additional US$249k as the stock sinks to US$2.60

May 7, 2022 | seekingalpha.com

Horizon Global Corporation (HZN) CEO Terry Gohl on Q1 2022 Results - Earnings Call Transcript

May 5, 2022 | finance.yahoo.com

Horizon Global (HZN) Q1 2022 Earnings Call Transcript

May 5, 2022 | investing.com

Horizon Global Reports Q1 EPS of ($0.98)

May 5, 2022 | finance.yahoo.com

Horizon Global Reports Financial Results for First Quarter 2022

April 28, 2022 | finance.yahoo.com

Horizon Global Announces Date for First Quarter 2022 Results Conference Call

April 1, 2022 | finance.yahoo.com

Horizon Global Announces Fritz Henderson Not Standing for Board Reelection

March 10, 2022 | finance.yahoo.com

Horizon Global (HZN) Q4 2021 Earnings Call Transcript

March 10, 2022 | benzinga.com

Horizon Global Q4 Adj. EBITDA Loss $8M, Net Loss From Continuing Operations $16.2M, Sales $164.30M Miss $209.05M Estimate

March 10, 2022 | seekingalpha.com

Horizon Global GAAP EPS of -$0.58, revenue of $164.3M

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HZN Company Calendar

Last Earnings: 3/11/2021
Today: 8/18/2022
Next Earnings (Estimated): 11/03/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NYSE:HZN
CUSIP: N/A
CIK: 1637655
Web: www.horizonglobal.com
Phone: (734) 656-3000
Fax: N/A
Employees: 3,800
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($2.45)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-31,720,000.00
Net Margins: -9.28%
Pretax Margin: -9.71%
Return on Equity: N/A
Return on Assets: -13.76%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.11
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: $782.12 million
Price / Sales: 0.08
Cash Flow: $0.04 per share
Price / Cash Flow: 53.97
Book Value: ($3.09) per share
Price / Book: -0.70

Miscellaneous

Outstanding Shares: 27,680,000
Free Float: 22,191,000
Market Cap: $59.79 million
Optionable: Optionable
Beta: 1.89

Key Executives

Mr. Terrence G. Gohl (Age 60)
CEO, Pres & Director
Comp: $1.04M
Mr. Matthew T. Pollick (Age 50)
Chief Operating Officer
Comp: $510.55k
Mr. James F. Sistek (Age 58)
Chief Admin. Officer
Comp: $499.1k
Mr. Jay Goldbaum (Age 40)
Gen. Counsel, Chief Compliance Officer & Corp. Sec.
Comp: $406.61k
Mr. Jian Zhou
Chief Financial Officer
Mr. Matthew Joseph Meyer (Age 40)
Chief Accounting Officer
Mr. Lee Adelman
Sr. VP of Commercial for Americas
Mr. Matthias Siemer
Pres of Europe & Africa

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HZN Stock - Frequently Asked Questions

How have HZN shares performed in 2022?: Horizon Global's stock was trading at $7.98 at the start of the year. Since then, HZN shares have decreased by 75.9% and is now trading at $1.92.
View the best growth stocks for 2022 here.
Are investors shorting Horizon Global?: Horizon Global saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 101,700 shares, a decrease of 7.3% from the July 15th total of 109,700 shares. Based on an average trading volume of 37,800 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.5% of the company's stock are short sold.
View Horizon Global's Short Interest.
When is Horizon Global's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our HZN earnings forecast.
How were Horizon Global's earnings last quarter?: Horizon Global Co. (NYSE:HZN) announced its quarterly earnings data on Thursday, March, 11th. The company reported ($0.21) earnings per share for the quarter, topping analysts' consensus estimates of ($0.62) by $0.41. The business had revenue of $175.86 million for the quarter.
What other stocks do shareholders of Horizon Global own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Global investors own include General Electric (GE), Nabriva Therapeutics (NBRV), NIO (NIO), SCYNEXIS (SCYX), Zynerba Pharmaceuticals (ZYNE), AbbVie (ABBV), AVEO Pharmaceuticals (AVEO), Conformis (CFMS), Catalyst Pharmaceuticals (CPRX) and Caesars Entertainment (CZR).

What is Horizon Global's stock symbol?: Horizon Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "HZN."
Who are Horizon Global's major shareholders?: Horizon Global's stock is owned by a number of retail and institutional investors. Top institutional investors include Corre Partners Management LLC (8.85%), Royce & Associates LP (6.93%), Russell Investments Group Ltd. (0.99%), JPMorgan Chase & Co. (0.96%), Renaissance Technologies LLC (0.82%) and Deltec Asset Management LLC (0.08%). Insiders that own company stock include Atlas Capital Resources Ii Lp, Corre Partners Management, Llc, Frederick A Henderson, Harry James Wilson, John C Kennedy, John Frederick Barrett, Matthew Pollick, Ryan L Langdon and Terry Gohl.
View institutional ownership trends.
How do I buy shares of Horizon Global?: Shares of HZN 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 Horizon Global's stock price today?: One share of HZN stock can currently be purchased for approximately $1.92.
How much money does Horizon Global make?: Horizon Global (NYSE:HZN) has a market capitalization of $53.15 million and generates $782.12 million in revenue each year. The company earns $-31,720,000.00 in net income (profit) each year or ($2.45) on an earnings per share basis.
How many employees does Horizon Global have?: The company employs 3,800 workers across the globe.
How can I contact Horizon Global?: Horizon Global's mailing address is 47912 HALYARD DRIVE SUITE 100, PLYMOUTH MI, 48170. The official website for the company is www.horizonglobal.com. The company can be reached via phone at (734) 656-3000 or via email at jtryka@horizonglobal.com.

This page (NYSE:HZN) was last updated on 8/18/2022 by MarketBeat.com Staff

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Horizon Global - HZN Stock Forecast, Price & News

Horizon Global MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows