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How to buy Hennessy Advisors stock | $8.52

Own Hennessy Advisors stock in just a few minutes.

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Hennessy Advisors, Inc is an asset management business based in the US. Hennessy Advisors shares (HNNA) are listed on the NASDAQ and all prices are listed in US Dollars. Hennessy Advisors employs 19 staff and has a trailing 12-month revenue of around USD$33.4 million.

How to buy shares in Hennessy Advisors

  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 Hennessy Advisors. Find the stock by name or ticker symbol: HNNA. 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 Hennessy Advisors 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. At last close price of USD$8.52, 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 Hennessy Advisors, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Hennessy Advisors. 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.

Hennessy Advisors share price

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

Hennessy Advisors shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$8.52
52-week rangeUSD$5.4153 - USD$10.4891
50-day moving average USD$9.0368
200-day moving average USD$8.5811
Wall St. target priceUSD$13.25
PE ratio 8.217
Dividend yield USD$0.55 (6.31%)
Earnings per share (TTM) USD$1.06

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Hennessy Advisors 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.

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.

Hennessy Advisors price performance over time

Historical closes compared with the close of $8.52 from 2020-12-31

1 week (2021-01-07) -3.40%
1 month (2020-12-17) -1.96%
3 months (2020-10-16) 0.47%
6 months (2020-07-16) 6.50%
1 year (2020-01-16) -17.49%
2 years (2019-01-16) -16.06%
3 years (2018-01-16) 17.46
5 years (2016-01-15) 26.85

Is Hennessy Advisors under- or over-valued?

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

Hennessy Advisors's P/E ratio

Hennessy Advisors's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Hennessy Advisors shares trade at around 8x recent earnings.

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

Hennessy Advisors's EBITDA

Hennessy Advisors's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$11.6 million.

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

Hennessy Advisors financials

Revenue TTM USD$33.4 million
Operating margin TTM 33.9%
Gross profit TTM USD$16.5 million
Return on assets TTM 6.9%
Return on equity TTM 10.2%
Profit margin 23.48%
Book value $10.627
Market capitalisation USD$64.1 million

TTM: trailing 12 months

Shorting Hennessy Advisors shares

There are currently 107,481 Hennessy Advisors shares held short by investors – that's known as Hennessy Advisors's "short interest". This figure is 3.5% down from 111,374 last month.

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

Hennessy Advisors's "short interest ratio" (SIR)

Hennessy Advisors's "short interest ratio" (SIR) is the quantity of Hennessy Advisors shares currently shorted divided by the average quantity of Hennessy Advisors shares traded daily (recently around 10314.875239923). Hennessy Advisors's SIR currently stands at 10.42. In other words for every 100,000 Hennessy Advisors shares traded daily on the market, roughly 10420 shares are currently held short.

However Hennessy Advisors's short interest can also be evaluated against the total number of Hennessy Advisors shares, or, against the total number of tradable Hennessy Advisors shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hennessy Advisors's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Hennessy Advisors shares in existence, roughly 10 shares are currently held short) or 0.0256% of the tradable shares (for every 100,000 tradable Hennessy Advisors shares, roughly 26 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Hennessy Advisors.

Find out more about how you can short Hennessy Advisors stock.

Hennessy Advisors share dividends

61%

Dividend payout ratio: 60.67% of net profits

Recently Hennessy Advisors has paid out, on average, around 60.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.31% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Hennessy Advisors shareholders could enjoy a 6.31% return on their shares, in the form of dividend payments. In Hennessy Advisors's case, that would currently equate to about $0.55 per share.

Hennessy Advisors'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.

Hennessy Advisors's most recent dividend payout was on 2 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 10 November 2020 (the "ex-dividend date").

Have Hennessy Advisors's shares ever split?

Hennessy Advisors's shares were split on a 3:2 basis on 7 March 2017. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Hennessy Advisors shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Hennessy Advisors shares which in turn could have impacted Hennessy Advisors's share price.

Hennessy Advisors share price volatility

Over the last 12 months, Hennessy Advisors's shares have ranged in value from as little as $5.4153 up to $10.4891. A popular way to gauge a stock's volatility is its "beta".

HNNA.US volatility(beta: 1.01)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Hennessy Advisors's is 1.0136. This would suggest that Hennessy Advisors's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Hennessy Advisors overview

Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.

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