HAYN - Haynes International Inc Stock Price, Fair Value and News

59.28USD+0.06 (+0.10%)Delayed as of 17 May 2024, 11:54 am ET

Market Summary

USD59.28+0.06

Delayedas of 17 May 2024, 11:54 am

0.10%

HAYN Stock Price

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HAYN RSI Chart

HAYN Valuation

Market Cap

757.0M

Price/Earnings (Trailing)

19.88

Price/Sales (Trailing)

1.25

EV/EBITDA

10.21

Price/Free Cashflow

58.04

HAYN Price/Sales (Trailing)

HAYN Profitability

EBT Margin

7.74%

Return on Equity

8.53%

Return on Assets

5.46%

Free Cashflow Yield

1.72%

HAYN Fundamentals

HAYN Revenue

Revenue (TTM)

604.3M

Rev. Growth (Yr)

-0.21%

Rev. Growth (Qtr)

3.46%

HAYN Earnings

Earnings (TTM)

38.1M

Earnings Growth (Yr)

-31.26%

Earnings Growth (Qtr)

10.22%

Breaking Down HAYN Revenue

52 Week Range

42.7659.33

(Low)(High)

Last 7 days

-0.2%

Last 30 days

-2.1%

Last 90 days

-0.8%

Trailing 12 Months

32.3%

How does HAYN drawdown profile look like?

HAYN Financial Health

Current Ratio

7.63

HAYN Investor Care

Dividend Yield

1.48%

Dividend/Share (TTM)

0.88

Shares Dilution (1Y)

0.41%

Diluted EPS (TTM)

2.96

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	604.3M	0	0	0
2023	559.4M	573.2M	590.0M	604.6M
2022	399.9M	441.9M	490.5M	523.7M
2021	314.8M	322.3M	337.7M	364.9M
2020	475.7M	430.2M	380.5M	344.3M
2019	470.0M	482.9M	490.2M	491.6M
2018	398.6M	413.8M	435.3M	452.7M
2017	405.2M	402.0M	395.2M	391.5M
2016	435.9M	415.8M	406.4M	404.6M
2015	495.7M	490.7M	487.6M	472.0M
2014	448.3M	451.0M	455.4M	472.4M
2013	535.3M	517.3M	482.7M	462.1M
2012	585.2M	583.6M	579.6M	565.0M
2011	462.2M	502.6M	542.9M	565.4M
2010	0	410.1M	381.5M	421.9M
2009	0	0	438.6M	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Haynes International Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 24, 2023	van bibber david sean	sold (taxes)	-35,392	49.5	-715	controller, chief acctng oficr
Nov 24, 2023	losch marlin c iii	sold (taxes)	-63,409	49.5	-1,281	vp, sales and distribution
Nov 24, 2023	pinkham scott r	sold (taxes)	-66,577	49.5	-1,345	vp - tube and wire
Nov 24, 2023	strobel david l	sold (taxes)	-64,003	49.5	-1,293	vp operations
Nov 24, 2023	pike lee m	sold (taxes)	-3,514	49.5	-71.00	vp - research and technology
Nov 24, 2023	maudlin daniel w	sold (taxes)	-89,248	49.5	-1,803	cfo, vp - finance
Nov 24, 2023	shor michael l	sold (taxes)	-328,977	49.5	-6,646	president and ceo
Nov 24, 2023	tipton gregory w.	sold (taxes)	-41,431	49.5	-837	vp and cio
Nov 21, 2023	getz robert	acquired	-	-	3,100	-
Nov 21, 2023	van bibber david sean	sold (taxes)	-21,325	43.7	-488	controller, chief acctng oficr

Which funds bought or sold HAYN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	BANK OF AMERICA CORP /DE/	added	128	1,696,460	2,901,750	-%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	added	57.33	2,816	7,095	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	14.84	445,815	2,566,760	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	new	-	2,946	2,946	-%
May 15, 2024	CITADEL ADVISORS LLC	added	238	168,076	233,626	-%
May 15, 2024	Diametric Capital, LP	new	-	1,321,080	1,321,080	0.73%
May 15, 2024	Edenbrook Capital, LLC	reduced	-85.01	-44,239,000	8,300,950	1.96%
May 15, 2024	Steward Partners Investment Advisory, LLC	unchanged	-	703	13,767	-%
May 15, 2024	Point72 (DIFC) Ltd	new	-	386,451	386,451	0.01%
May 15, 2024	Royal Bank of Canada	reduced	-39.68	-170,000	296,000	-%

Are Funds Buying or Selling HAYN?

Are funds buying HAYN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HAYN

No. of Funds

Unveiling Haynes International Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	11.5%	1,462,294	SC 13G/A
Feb 14, 2024	alliancebernstein l.p.	6.3%	802,344	SC 13G
Feb 13, 2024	vanguard group inc	6.70%	854,239	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.1%	1,029,443	SC 13G/A
Jan 26, 2024	edenbrook capital, llc	7.22%	920,945	SC 13G/A
Jan 23, 2024	royce & associates lp	5.25%	669,330	SC 13G/A
Jan 19, 2024	blackrock inc.	17.5%	2,231,198	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	12.1%	1,511,943	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.0%	1,000,098	SC 13G/A
Feb 09, 2023	vanguard group inc	6.11%	764,466	SC 13G/A

Recent SEC filings of Haynes International Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	8-K	Current Report
May 02, 2024	8-K	Current Report
Apr 16, 2024	8-K	Current Report
Apr 10, 2024	8-K	Current Report
Apr 10, 2024	DEFA14A	DEFA14A
Mar 19, 2024	8-K	Current Report
Mar 19, 2024	DEFA14A	DEFA14A
Mar 18, 2024	DEFM14A	DEFM14A
Mar 14, 2024	8-K	Current Report

Peers (Alternatives to Haynes International Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GE	176.5B	69.5B	2.83%	55.79%	50.26	2.54	16.04%	-60.91%
CAT	173.3B	67.0B	-2.52%	65.39%	15.41	2.59	8.59%	58.17%
CMI	39.4B	34.0B	-2.28%	34.42%	19.09	1.16	12.85%	-19.64%
AME	38.9B	6.7B	-6.26%	15.04%	29.47	5.77	7.11%	10.53%
ACM	12.2B	15.3B	-4.58%	12.22%	-885.13	0.79	13.36%	-103.70%
MID-CAP
APG	10.0B	6.9B	-7.16%	55.97%	57.9	1.44	3.19%	62.26%
FLS	6.6B	4.4B	7.46%	43.51%	28.02	1.48	17.31%	1.26%
FLR	6.5B	15.5B	-5.25%	37.11%	21.51	0.42	7.53%	3145.00%
ACA	4.2B	2.4B	9.86%	24.26%	29.55	1.79	4.48%	-49.27%
ALG	2.4B	1.7B	-7.77%	9.43%	17.53	1.39	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	41.10%	-38.08%	24.52	1.02	-13.54%	-25.70%
AGX	877.3M	573.3M	8.23%	56.79%	27.11	1.53	26.00%	-2.24%
NKLA	746.1M	35.8M	-17.91%	-25.52%	-0.79	20.82	-27.93%	-18.06%
AMSC	436.8M	135.4M	18.83%	208.03%	-26.63	3.23	-25.90%	65.37%
ADES	254.2M	100.1M	4.60%	451.47%	-31.16	2.54	2.80%	39.07%

Haynes International Inc News

Latest updates

Haynes International Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.5%	152,458	147,357	160,596	143,901	152,786	132,673	143,810	130,165	117,056	99,430	95,278	88,143	82,063	72,177	79,938	80,576	111,563	108,453	129,640	126,032	127,474
Gross Profit	9.3%	27,014	24,708	29,782	26,062	30,878	23,038	31,921	33,222	23,413	17,777	16,700	13,658	8,385	987	3,954	2,639	19,296	18,743	21,310	18,175	14,683
S&GA Expenses	7.1%	13,361	12,471	12,542	11,832	12,702	10,952	12,098	11,847	11,782	11,362	11,005	11,475	11,257	9,733	8,191	9,824	10,785	11,507	11,419	10,985	10,663
R&D Expenses	-0.4%	1,098	1,102	1,098	1,008	1,047	973	1,016	957	944	905	921	831	864	787	936	867	1,028	882	1,069	830	859
EBITDA Margin	-5.7%	0.12*	0.13*	0.13*	0.14*	0.16*	0.16*	0.16*	0.14*	0.11*	0.07*	0.03*	0.00*	-	-	-	-	-	-	-	-	-
Interest Expenses	-10.3%	2,008	2,239	2,072	2,156	1,865	1,501	917	750	514	300	286	298	298	304	368	417	296	251	230	231	284
Income Taxes	46.9%	2,520	1,715	1,702	2,690	3,290	2,245	2,948	5,149	2,783	1,647	1,548	277	-760	-2,165	-1,537	-2,061	1,429	1,149	1,710	1,486	530
Earnings Before Taxes	17.6%	11,071	9,417	14,830	11,449	15,639	9,984	19,284	20,757	11,267	6,306	4,102	699	-4,392	-10,192	-7,254	-10,158	5,497	4,417	7,747	5,288	2,039
EBT Margin	-8.8%	0.08*	0.08*	0.09*	0.10*	0.12*	0.12*	0.12*	0.10*	0.06*	0.02*	-0.03*	-0.07*	-	-	-	-	-	-	-	-	-
Net Income	10.2%	8,489	7,702	13,128	8,759	12,349	7,739	16,336	15,608	8,484	4,659	2,554	422	-3,632	-8,027	-5,717	-8,097	4,068	3,268	6,037	3,802	1,509
Net Income Margin	-9.2%	0.06*	0.07*	0.07*	0.08*	0.09*	0.09*	0.09*	0.07*	0.04*	0.01*	-0.03*	-0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	-49.0%	6,467	12,670	-15,279	9,184	-16,600	-10,419	-25,532	-24,525	-17,369	-27,169	-18,719	7,013	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	698	701	706	688	688	666	632	615	566	531	546	564	555	554	561	604	623	607	594	588	588
Current Assets	-0.9%	529	533	539	519	520	499	464	438	387	349	362	363	350	346	352	391	404	386	372	375	370
Cash Equivalents	-17.8%	12.00	14.00	11.00	13.00	17.00	12.00	8.00	9.00	12.00	14.00	48.00	74.00	70.00	61.00	47.00	65.00	52.00	34.00	47.00	22.00	11.00
Inventory	-2.0%	407	415	414	412	397	391	358	344	292	271	248	231	227	236	246	264	280	282	259	269	272
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	163	165	167	170	172	176
Goodwill	0%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Liabilities	-2.8%	251	259	272	275	282	277	257	260	220	190	203	269	262	257	259	309	319	303	298	258	258
Current Liabilities	-1.0%	69.00	70.00	77.00	80.00	76.00	89.00	81.00	139	96.00	64.00	74.00	57.00	46.00	38.00	38.00	75.00	83.00	65.00	60.00	67.00	66.00
Shareholder's Equity	1.0%	446	442	434	414	406	389	375	354	345	340	343	295	294	298	302	295	304	304	296	330	330
Retained Earnings	3.3%	176	171	166	155	150	140	135	121	109	103	101	101	104	110	121	129	140	139	125	122	121
Additional Paid-In Capital	0.4%	280	279	278	277	276	270	266	265	264	263	262	261	260	259	258	257	256	255	254	253	252
Shares Outstanding	0.0%	13.00	13.00	13.00	13.00	13.00	12.00	12.00	12.00	12.00	12.00	12.00	13.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	437	-	-	-	373	-	-	-	264	-	-	-	204	-	-	-	299

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-23.5%	13,015	17,018	-10,652	13,662	-12,628	-7,099	-21,882	-20,790	-12,975	-23,834	-16,925	9,065	12,672	18,453	16,516	18,874	-6,221	7,028	14,778	16,212	4,961
Share Based Compensation	26.2%	1,108	878	880	869	771	770	849	933	863	954	1,103	1,158	1,154	1,059	829	858	897	734	727	691	707
Cashflow From Investing	-50.6%	-6,548	-4,348	-4,627	-4,478	-3,972	-3,320	-3,650	-3,735	-4,394	-3,335	-1,794	-2,052	-976	-1,127	-2,232	-3,042	-1,804	-2,296	-2,725	-1,907	-3,138
Cashflow From Financing	13.0%	-8,615	-9,907	13,267	-13,277	21,861	12,735	25,022	22,318	15,576	-6,354	-7,652	-2,856	-2,855	-4,080	-32,930	-2,820	27,195	-2,576	-2,797	-2,850	-2,790
Dividend Payments	-100.0%	-	2,909	2,795	2,794	2,807	2,796	2,743	2,742	2,776	2,811	2,780	2,791	2,809	2,795	2,773	2,762	2,763	2,760	2,753	2,753	2,753
Buy Backs	-100.0%	-	1,541	9.00	-	87.00	838	448	-	195	6,600	4,748	-	-	238	-	-	-	198	-	62.00	-

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HAYN Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS
Net revenues	$ 152,458	$ 152,786	$ 299,815	$ 285,459
Cost of sales	125,444	121,908	248,093	231,543
Gross profit	27,014	30,878	51,722	53,916
Selling, general and administrative expense	13,361	12,702	25,832	23,654
Research and technical expense	1,098	1,047	2,200	2,020
Operating income	12,555	17,129	23,690	28,242
Nonoperating retirement benefit income	(498)	(365)	(996)	(731)
Interest income	(26)	(10)	(49)	(16)
Interest expense	2,008	1,865	4,247	3,366
Income before income taxes	11,071	15,639	20,488	25,623
Provision for income taxes	2,520	3,290	4,235	5,535
Net income	$ 8,551	$ 12,349	$ 16,253	$ 20,088
Net income per share:
Basic (dollars per share)	$ 0.67	$ 0.98	$ 1.28	$ 1.59
Diluted (dollars per share)	$ 0.66	$ 0.96	$ 1.26	$ 1.56
Weighted Average Common Shares Outstanding
Basic (in shares)	12,657,818	12,544,388	12,649,965	12,522,323
Diluted (in shares)	12,851,088	12,786,719	12,825,404	12,765,782
Dividends declared per common share (dollars per share)	$ 0.22	$ 0.22	$ 0.44	$ 0.44

HAYN Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 11,529	$ 10,723
Accounts receivable, less allowance for credit losses of $459 and $489 at September 30, 2023 and March 31, 2024, respectively	100,736	106,292
Inventories	407,103	414,077
Income taxes receivable	2,856	2,372
Other current assets	6,340	5,702
Total current assets	528,564	539,166
Property, plant and equipment, net	143,855	142,540
Deferred income taxes	3,787	3,608
Other assets	11,408	10,523
Goodwill	4,789	4,789
Other intangible assets, net	5,457	5,655
Total assets	697,860	706,281
Current liabilities:
Accounts payable	44,888	52,812
Accrued expenses	18,812	18,201
Income taxes payable	172	336
Accrued pension and postretirement benefits	2,940	2,940
Deferred revenue-current portion	2,500	2,500
Total current liabilities	69,312	76,789
Revolving credit facilities - Long-term	103,213	114,843
Long term debt	520
Long-term obligations (less current portion)	7,189	7,448
Deferred revenue (less current portion)	4,079	5,329
Deferred income taxes	3,757	3,686
Operating lease liabilities	1,417	362
Accrued pension benefits (less current portion)	11,631	14,019
Accrued postretirement benefits (less current portion)	50,362	49,481
Total liabilities	251,480	271,957
Commitments and contingencies
Stockholders' equity:
Common stock, $0.001 par value (40,000,000 shares authorized, 13,124,401 and 13,208,307 shares issued and 12,731,661 and 12,782,892 shares outstanding at September 30, 2023 and March 31, 2024, respectively)	13	13
Preferred stock, $0.001 par value (20,000,000 shares authorized, none issued)
Additional paid-in capital	279,699	277,713
Accumulated earnings	176,446	165,825
Treasury stock, (392,740 and 425,415 shares at September 30, 2023 and March 31, 2024, respectively)	(17,141)	(15,600)
Accumulated other comprehensive income	7,363	6,373
Total stockholders' equity	446,380	434,324
Total liabilities and stockholders' equity	$ 697,860	$ 706,281

About Haynes International Inc

Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, China, and internationally. The company offers high-temperature resistant alloys (HTA) and corrosion-resistant alloys (CRA). Its HTA products are used by manufacturers of equipment, including jet engines for the aerospace market; gas turbine engines for power generation; waste incineration; and industrial heating equipment. The company's CRA products are used in various applications, including chemical processing, power plant emissions control, and hazardous waste treatment. Its products also have applications in flue-gas desulfurization, oil and gas, waste incineration, industrial heat treating, automotive, thermocouples, sensors and instrumentation, biopharmaceuticals, solar, and nuclear fuel. In addition, the company produces products as seamless and welded tubulars, as well as in slab, bar, billet, and wire forms. It sells its products primarily through direct sales organizations, and network of independent distributors and sales agents. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana.

CEO	Mr. Michael L. Shor
WEBSITE	haynesintl.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	1223

Haynes International Inc Frequently Asked Questions

What is the ticker symbol for Haynes International Inc? What does HAYN stand for in stocks?

HAYN is the stock ticker symbol of Haynes International Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Haynes International Inc (HAYN)?

As of Thu May 16 2024, market cap of Haynes International Inc is 757 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HAYN stock?

You can check HAYN's fair value in chart for subscribers.

What is the fair value of HAYN stock?

You can check HAYN's fair value in chart for subscribers. The fair value of Haynes International Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Haynes International Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HAYN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Haynes International Inc a good stock to buy?

The fair value guage provides a quick view whether HAYN is over valued or under valued. Whether Haynes International Inc is cheap or expensive depends on the assumptions which impact Haynes International Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HAYN.

What is Haynes International Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, HAYN's PE ratio (Price to Earnings) is 19.88 and Price to Sales (PS) ratio is 1.25. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HAYN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Haynes International Inc's stock?

In the past 10 years, Haynes International Inc has provided 0.029 (multiply by 100 for percentage) rate of return.