How to buy Haynes International stock

Haynes International, Inc is a metal fabrication business based in the US. Haynes International shares (HAYN) are listed on the NASDAQ and all prices are listed in US Dollars. Haynes International employs 1,179 staff and has a trailing 12-month revenue of around USD$430.2 million.

How to buy shares in Haynes International

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Haynes International. Find the stock by name or ticker symbol: HAYN. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Haynes International reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Haynes International, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Haynes International. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Haynes International share price

Use our graph to track the performance of HAYN stocks over time.

Haynes International shares at a glance

• Key figures

Information last updated 2020-10-20.

52-week range	USD$17 - USD$39.04
50-day moving average	USD$18.1797
200-day moving average	USD$20.9859
Wall St. target price	USD$27
PE ratio	41.1047
Dividend yield	USD$0.88 (5.02%)
Earnings per share (TTM)	USD$0.419

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Is it a good time to buy Haynes International stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Haynes International, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Haynes International under- or over-valued?

Valuing Haynes International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Haynes International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Haynes International's P/E ratio

Haynes International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 41x. In other words, Haynes International shares trade at around 41x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Haynes International's EBITDA

Haynes International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$28.8 million.

The EBITDA is a measure of a Haynes International's overall financial performance and is widely used to measure a its profitability.

Haynes International financials

Revenue TTM	USD$430.2 million
Operating margin TTM	2.15%
Gross profit TTM	USD$65.5 million
Return on assets TTM	0.97%
Return on equity TTM	1.69%
Profit margin	1.23%
Book value	$23.66
Market capitalisation	USD$214.2 million

TTM: trailing 12 months

Shorting Haynes International shares

There are currently 169,963 Haynes International shares held short by investors – that's known as Haynes International's "short interest". This figure is 28% down from 235,988 last month.

There are a few different ways that this level of interest in shorting Haynes International shares can be evaluated.

Haynes International's "short interest ratio" (SIR)

Haynes International's "short interest ratio" (SIR) is the quantity of Haynes International shares currently shorted divided by the average quantity of Haynes International shares traded daily (recently around 111086.92810458). Haynes International's SIR currently stands at 1.53. In other words for every 100,000 Haynes International shares traded daily on the market, roughly 1530 shares are currently held short.

However Haynes International's short interest can also be evaluated against the total number of Haynes International shares, or, against the total number of tradable Haynes International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Haynes International's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Haynes International shares in existence, roughly 10 shares are currently held short) or 0.0219% of the tradable shares (for every 100,000 tradable Haynes International shares, roughly 22 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Haynes International.

Find out more about how you can short Haynes International stock.

Haynes International share dividends

Dividend payout ratio: 204.65% of net profits

Recently Haynes International has paid out, on average, around 204.65% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.02% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Haynes International shareholders could enjoy a 5.02% return on their shares, in the form of dividend payments. In Haynes International's case, that would currently equate to about $0.88 per share.

Haynes International's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Haynes International's most recent dividend payout was on 15 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2020 (the "ex-dividend date").

Haynes International share price volatility

Over the last 12 months, Haynes International's shares have ranged in value from as little as $17 up to $39.04. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Haynes International's is 1.348. This would suggest that Haynes International's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Haynes International overview

Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, Asia, 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 and 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, instrumentation, biopharmaceuticals, and solar and nuclear fuel industries. 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.

Frequently asked questions

• What percentage of Haynes International is owned by insiders or institutions?

  Currently 1.663% of Haynes International shares are held by insiders and 97.644% by institutions.

• How many people work for Haynes International?

  Latest data suggests 1,179 work at Haynes International.

• When does the fiscal year end for Haynes International?

  Haynes International's fiscal year ends in September.

• Where is Haynes International based?

  Haynes International's address is: 1020 West Park Avenue, Kokomo, IN, United States, 46904

• What is Haynes International's CUSIP number?

  Haynes International's Committee on Uniform Securities Identification Procedures number is: 420877201