NYSE:HZN - Horizon Global Stock Price, Price Target & More

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$6.27 -0.99 (-13.64 %)
(As of 06/22/2018 02:26 PM ET)
Previous Close$6.60
Today's Range$6.26 - $6.67
52-Week Range$5.13 - $19.26
Volume72,345 shs
Average Volume320,316 shs
Market Capitalization$185.34 million
P/E Ratio7.41
Dividend YieldN/A
Beta0.69
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

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

Debt

Debt-to-Equity Ratio3.39
Current Ratio1.53
Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio7.41
Forward P/E Ratio8.83
P/E Growth1.48

Sales & Book Value

Annual Sales$892.98 million
Price / Sales0.18
Cash Flow$1.9472 per share
Price / Cash3.22
Book Value$5.63 per share
Price / Book1.11

Profitability

EPS (Most Recent Fiscal Year)$0.98
Net Income$-3,550,000.00
Net Margins-5.65%
Return on Equity15.81%
Return on Assets3.19%

Miscellaneous

Employees4,300
Outstanding Shares25,010,000

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 authorized a stock repurchase program on Sunday, June 4th 2017, which permits the company to buyback 1,500,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally 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) posted its quarterly earnings results on Thursday, May, 3rd. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.15) by $0.17. The business had revenue of $216.80 million for the quarter, compared to analyst estimates of $212.66 million. Horizon Global had a negative net margin of 5.65% and a positive return on equity of 15.81%. Horizon Global's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.17) earnings per share. 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, August, 7th 2018. View Earnings Estimates for Horizon Global.

What price target have analysts set for HZN?

6 equities research analysts have issued 1-year price targets for Horizon Global's shares. Their predictions range from $5.00 to $23.00. On average, they expect Horizon Global's share price to reach $13.00 in the next twelve months. 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 & Director
  • Mr. Michael Finos, VP of Operations
  • Ms. Ruthanne Largent, Chief Information Officer

Has Horizon Global been receiving favorable news coverage?

News coverage about HZN stock has trended somewhat positive recently, Accern reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Horizon Global earned a coverage optimism score of 0.11 on Accern's scale. They also assigned news stories about the company an impact score of 44.28 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Horizon Global's major shareholders?

Horizon Global's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.05%), Dimensional Fund Advisors LP (5.61%), Royal Bank of Canada (5.45%), Spitfire Capital LLC (5.15%), Marcato Capital Management LP (3.35%) and GW&K Investment Management LLC (3.07%). 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 institutional investors are selling Horizon Global stock?

HZN stock was sold by a variety of institutional investors in the last quarter, including Tygh Capital Management Inc., Citadel Advisors LLC, BlackRock Inc., New York State Common Retirement Fund and A.R.T. Advisors LLC. View Insider Buying and Selling for Horizon Global.

Which institutional investors are buying Horizon Global stock?

HZN stock was acquired by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Dimensional Fund Advisors LP, Spitfire Capital LLC, GW&K Investment Management LLC, GSA Capital Partners LLP, Marcato Capital Management LP, Segall Bryant & Hamill LLC and Shepherd Kaplan Krochuk LLC. 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 $6.27.

How big of a company is Horizon Global?

Horizon Global has a market capitalization of $185.34 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 (HZN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  304
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 6/22/2018 by MarketBeat.com Staff

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