Media headlines about Haynes International (NASDAQ:HAYN) have trended positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Haynes International earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 46.9787181151868 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Haynes International Inc (NASDAQ:HAYN): Dividend Is Coming In 3 Days, Should You Buy? (finance.yahoo.com)
- Citadel Advisors LLC Has $3.04 Million Holdings in Haynes International, Inc. (HAYN) (americanbankingnews.com)
- Haynes International, Inc. (HAYN) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Haynes International, Inc. (HAYN) Shares Bought by Victory Capital Management Inc. (americanbankingnews.com)
- CarnoSyn® Partners with TEST Football Academy & Inner Armour® Sports Nutrition to Sponsor Top NFL Draft Candidates (finance.yahoo.com)
A number of analysts have recently weighed in on the company. BidaskClub raised Haynes International from a “hold” rating to a “buy” rating in a research note on Sunday, February 11th. Zacks Investment Research lowered Haynes International from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. JPMorgan Chase & Co. raised Haynes International from a “neutral” rating to an “overweight” rating in a research note on Monday, February 5th. Finally, ValuEngine lowered Haynes International from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $38.00.
Haynes International (NASDAQ:HAYN) last released its quarterly earnings data on Thursday, February 1st. The basic materials company reported ($0.24) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.10. The firm had revenue of $89.70 million during the quarter, compared to analyst estimates of $94.95 million. Haynes International had a negative return on equity of 3.76% and a negative net margin of 8.18%. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.06) earnings per share. sell-side analysts forecast that Haynes International will post 0.79 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date of this dividend is Wednesday, February 28th. Haynes International’s dividend payout ratio (DPR) is presently -33.98%.
In other Haynes International news, Director Dawne S. Hickton purchased 2,000 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was bought at an average price of $31.50 per share, with a total value of $63,000.00. Following the completion of the purchase, the director now directly owns 5,300 shares of the company’s stock, valued at approximately $166,950. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 4.56% of the company’s stock.
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Haynes International Company Profile
Haynes International, Inc (Haynes) is a producer of nickel- and cobalt-based alloys in flat product forms, such as sheet, coil and plate forms. The Company also produces its products as seamless and welded tubulars, and in slab, bar, billet and wire forms. It focuses on developing, manufacturing, marketing and distributing alloys, which are sold in the aerospace, chemical processing and industrial gas turbine industries.
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