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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.
|Latest market close||USD$8.52|
|52-week range||USD$5.4153 - USD$10.4891|
|50-day moving average||USD$9.0368|
|200-day moving average||USD$8.5811|
|Wall St. target price||USD$13.25|
|Dividend yield||USD$0.55 (6.31%)|
|Earnings per share (TTM)||USD$1.06|
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.
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.
|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|
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 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 (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.
|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%|
|Market capitalisation||USD$64.1 million|
TTM: trailing 12 months
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) 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.
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").
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.
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".
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, 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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