NYSE:HZN - Horizon Global Stock Price, News, & Analysis

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$7.63 +0.18 (+2.42 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$7.45
Today's Range$7.34 - $7.65
52-Week Range$5.13 - $18.24
Volume365,200 shs
Average Volume436,215 shs
Market Capitalization$191.73 million
P/E Ratio7.68
Dividend YieldN/A
Beta0.84
Horizon Global logoHorizon Global Corporation designs, manufactures, and distributes a range of towing, trailering, cargo management, and other related accessory products to the automotive aftermarket, retail, and original equipment channels worldwide. It operates through three segments: Horizon Americas, Horizon Asia-Pacific, and Horizon Europe-Africa. The company provides towing products, such as hitches, fifth wheels, gooseneck hitches, weight distribution systems, wiring harnesses, draw bars, ball mounts, crossbars, towbars, security, and other towing accessories for attaching a trailer, camper, etc. It also offers trailering products, including brake controls, jacks, winches, couplers, interior and exterior vehicle lighting, and brake replacement parts. In addition, the company provides cargo management products, such as bike racks, roof cross bar systems, cargo carriers, luggage boxes, car interior protective products, ropes, tie-downs, tarps, bungee cords, loading ramps, and interior travel organizers. Further, it offers other products comprising tubular push and sports bars, side steps, skid plates, and oil pans. Horizon Global Corporation provides its products under the Reese, Hayman-Reese, Draw-Tite, and Westfalia, as well as Aqua Clear, Bulldog, BTM, DHF, Engetran, Fulton, Kovil, Parkside, Reese Secure, Reese Explorer, Reese Power Sports, Reese Towpower, ROLA, Tekonsha, Trojan, WesBarg, and Witter Towbar Systems brands. The company offers its products through original equipment manufacturers and suppliers, as well as aftermarket and retail customers in the agricultural, automotive, construction, fleet, horse/livestock, industrial, marine, military, recreational, trailer, and utility markets, and mining and municipalities; and serves end consumers through independent installers, warehouse distributors, dealers, original equipment, retail stores, and online retailers. Horizon Global Corporation was incorporated in 2015 is headquartered in Troy, Michigan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
SymbolNYSE:HZN
CUSIPN/A
Phone248-593-8820

Debt

Debt-to-Equity Ratio20.60
Current Ratio1.59
Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio7.68
Forward P/E Ratio95.38
P/E Growth35.24

Sales & Book Value

Annual Sales$892.98 million
Price / Sales0.21
Cash Flow$2.2913 per share
Price / Cash3.33
Book Value$5.63 per share
Price / Book1.36

Profitability

EPS (Most Recent Fiscal Year)$0.98
Net Income$-3,550,000.00
Net Margins-15.61%
Return on Equity8.57%
Return on Assets1.34%

Miscellaneous

Employees4,300
Outstanding Shares25,100,000
Market Cap$191.73 million

Horizon Global (NYSE:HZN) Frequently Asked Questions

What is Horizon Global's stock symbol?

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

How will Horizon Global's stock buyback program work?

Horizon Global declared that its board has initiated a stock buyback plan on Sunday, June 4th 2017, which allows the company to buyback 1,500,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were Horizon Global's earnings last quarter?

Horizon Global Corp (NYSE:HZN) issued its quarterly earnings results on Tuesday, August, 7th. The company reported $0.36 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.15. The company earned $233.34 million during the quarter, compared to analyst estimates of $232.85 million. Horizon Global had a negative net margin of 15.61% and a positive return on equity of 8.57%. View Horizon Global's Earnings History.

When is Horizon Global's next earnings date?

Horizon Global is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Horizon Global.

What price target have analysts set for HZN?

6 brokerages have issued twelve-month price objectives for Horizon Global's stock. Their forecasts range from $5.00 to $23.00. On average, they expect Horizon Global's share price to reach $13.5833 in the next twelve months. This suggests a possible upside of 78.0% from the stock's current price. View Analyst Price Targets for Horizon Global.

What is the consensus analysts' recommendation for Horizon Global?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Horizon Global in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Horizon Global.

Who are some of Horizon Global's key competitors?

Who are Horizon Global's key executives?

Horizon Global's management team includes the folowing people:
  • Mr. David G. Rice, Chief Financial Officer (Age 54)
  • Mr. Jay Goldbaum, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 36)
  • Mr. Carl S. Bizon, Interim Pres & CEO
  • Mr. Michael Finos, VP of Operations
  • Ms. Ruthanne Largent, Chief Information Officer

Has Horizon Global been receiving favorable news coverage?

Media coverage about HZN stock has been trending positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Horizon Global earned a media and rumor sentiment score of 0.27 on Accern's scale. They also gave press coverage about the company an impact score of 46.42 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Horizon Global.

Who are Horizon Global's major shareholders?

Horizon Global's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.29%), First Manhattan Co. (5.45%), Sagard Capital Partners Management Corp (4.83%), Rutabaga Capital Management LLC MA (2.99%), Diamond Hill Capital Management Inc. (2.14%) and Tocqueville Asset Management L.P. (2.02%). Company insiders that own Horizon Global stock include A Mark Zeffiro, David G Rice, Jay Goldbaum, Richard D Siebert and Scott G Kunselman. View Institutional Ownership Trends for Horizon Global.

Which major investors are selling Horizon Global stock?

HZN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Tocqueville Asset Management L.P., Russell Investments Group Ltd. and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Horizon Global.

Which major investors are buying Horizon Global stock?

HZN stock was purchased by a variety of institutional investors in the last quarter, including Sagard Capital Partners Management Corp, Rutabaga Capital Management LLC MA, Diamond Hill Capital Management Inc., Millennium Management LLC, Dimensional Fund Advisors LP, Paloma Partners Management Co, First Manhattan Co. and LMR Partners LLP. Company insiders that have bought Horizon Global 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.

How do I buy shares of Horizon Global?

Shares of HZN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Horizon Global's stock price today?

One share of HZN stock can currently be purchased for approximately $7.63.

How big of a company is Horizon Global?

Horizon Global has a market capitalization of $191.73 million and generates $892.98 million in revenue each year. The company earns $-3,550,000.00 in net income (profit) each year or $0.98 on an earnings per share basis. Horizon Global employs 4,300 workers across the globe.

How can I contact Horizon Global?

Horizon Global's mailing address is 2600 W Big Beaver Road Suite 555, Troy MI, 48084. The company can be reached via phone at 248-593-8820 or via email at [email protected]


MarketBeat Community Rating for Horizon Global (NYSE HZN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  194 (Vote Underperform)
Total Votes:  375
MarketBeat's community ratings are surveys of what our community members think about Horizon Global and other stocks. Vote "Outperform" if you believe HZN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HZN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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