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

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$1.70 +0.08 (+4.94 %)
(As of 12/18/2018 04:00 PM ET)
Previous Close$1.62
Today's Range$1.53 - $1.75
52-Week Range$1.53 - $14.80
Volume248,000 shs
Average Volume399,670 shs
Market Capitalization$43.19 million
P/E Ratio1.73
Dividend YieldN/A
Beta1.05
Horizon 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
Current SymbolNYSE:HZN
Previous Symbol
CUSIPN/A
Phone248-593-8820

Debt

Debt-to-Equity Ratio20.60
Current Ratio1.80
Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio1.73
Forward P/E Ratio-7.39
P/E GrowthN/A

Sales & Book Value

Annual Sales$892.98 million
Price / Sales0.05
Cash Flow$2.2667 per share
Price / Cash Flow0.75
Book Value$5.63 per share
Price / Book0.30

Profitability

EPS (Most Recent Fiscal Year)$0.98
Net Income$-3,550,000.00
Net Margins-20.37%
Return on Equity-2.41%
Return on Assets-0.22%

Miscellaneous

Employees4,300
Outstanding Shares25,110,000
Market Cap$43.19 million
OptionableOptionable

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 announced that its board has initiated a share repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase 1,500,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were Horizon Global's earnings last quarter?

Horizon Global Corp (NYSE:HZN) posted its quarterly earnings data on Thursday, November, 8th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.19 by $0.20. The firm had revenue of $227.80 million for the quarter, compared to the consensus estimate of $239.28 million. Horizon Global had a negative return on equity of 2.41% and a negative net margin of 20.37%. The business's revenue was down 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.38 EPS. 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 Thursday, March 7th 2019. View Earnings Estimates for Horizon Global.

What price target have analysts set for HZN?

6 analysts have issued 12 month price targets for Horizon Global's stock. Their forecasts range from $3.00 to $23.00. On average, they anticipate Horizon Global's share price to reach $12.3333 in the next twelve months. This suggests a possible upside of 625.5% 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, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Horizon Global.

Has Horizon Global been receiving favorable news coverage?

News stories about HZN stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Horizon Global earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

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. Jay Goldbaum, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 36)
  • Mr. Carl S. Bizon, Pres, CEO & Director
  • Mr. Brian Whittman, Interim Chief Financial Officer
  • Ms. Ruthanne Largent, Chief Information Officer
  • Ms. Christi Cowdin, Director of Corp. Communications & Investor Relations

Who are Horizon Global's major shareholders?

Horizon Global's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.68%), First Manhattan Co. (5.02%), Vanguard Group Inc (4.25%), Vanguard Group Inc. (4.25%), Rutabaga Capital Management LLC MA (3.75%) and Walthausen & Co. LLC (0.64%). Company insiders that own Horizon Global stock include A Mark Zeffiro, Carl S Bizon, David G Rice, Denise Ilitch, 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 Tocqueville Asset Management L.P., Dimensional Fund Advisors LP, First Manhattan Co., Vanguard Group Inc. and Vanguard Group Inc. View Insider Buying and Selling for Horizon Global.

Which major investors are buying Horizon Global stock?

HZN stock was bought by a variety of institutional investors in the last quarter, including Rutabaga Capital Management LLC MA, Walthausen & Co. LLC and Skylands Capital LLC. Company insiders that have bought Horizon Global stock in the last two years include A Mark Zeffiro, Carl S Bizon, David G Rice, Denise Ilitch, 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 $1.70.

How big of a company is Horizon Global?

Horizon Global has a market capitalization of $43.19 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.

What is Horizon Global's official website?

The official website for Horizon Global is http://www.horizonglobal.com.

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:  201 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  420
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 12/18/2018 by MarketBeat.com Staff

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