Home Sectors Industrials Recent Movement: Haynes International (NASDAQ: HAYN)

Recent Movement: Haynes International (NASDAQ: HAYN)

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Haynes International trades as part of the industrials sector and is part of the industrial products industry. The company CEO is Michael L. Shor. Haynes International Inc is a producer of nickel and cobalt-based alloys in sheet, coil and plate forms. It is engaged in the developing, manufacturing, marketing and distribution of alloys.

Previous Intraday Trading Performance:

The HAYN stock showed a previous change of 1.73% with an open at 31.48 and a close of 31.84. It reached an intraday high of 32.34 and a low of 31.48.

SeekingAlpha:  Haynes International’s (HAYN) CEO Mike Shor on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $398.6m with 12.5m shares outstanding, of which the float is 12.2m shares. Trading volume reached 60,684 shares compared to its average volume of 51,156 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Haynes International shares returned 2.02% and in the past 30 trading days it returned -1.41%. Over three months, it changed 9.28%. In one year it has changed -26.41% and within that year its 52-week high was 44.89 and its 52-week low was 24.46. HAYN stock is 30.17% above its 52 Week Low.

Our calculations show a 200 day moving average of 34.41 and a 50 day moving average of 32.04. Currently HAYN stock is trading -7.47% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Haynes International’s (HAYN) CEO Mike Shor on Q1 2019 Results – Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at -1.75 that ended on 30th of September 2018. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.29. The TTM EPS is -0.11, which comes to a TTM PE of -289.45.

The following are the last four quarter reported earnings per share:
12-31-2018:  -0.13
09-30-2018:  0.25
06-30-2018:  0.05
03-31-2018:  -0.17

The dividend per share is currently 0.88, which is a dividend yield of 2.76%.

Base on our calculations, the intrinsic value per share is 96.80, which means it is possibly undervalued and has a margin of safety of 67.11%

Indicators to Watch:

Based on the latest filings, there is 140.00% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.80

SeekingAlpha:  Hawkins increases number of shares under share repurchase program

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -0.29%, return on assets is -0.16%, profit margin is -0.19%, price-to-sales is 0.87 and price-to-book is 1.19.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 0  :Past Performance Score
 3  :Financial Strength Score
 4  :Future Growth Score
 2  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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