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How to buy Horizon Global Corporation stock | $9.02
Own Horizon Global Corporation stock in just a few minutes.
Fact checked
Horizon Global Corporation is an auto parts business based in the US. Horizon Global Corporation shares (HZN) are listed on the NYSE and all prices are listed in US Dollars. Horizon Global Corporation employs 3,600 staff and has a trailing 12-month revenue of around USD$627.6 million.
How to buy shares in Horizon Global Corporation
- 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.
- 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.
- Search for Horizon Global Corporation. Find the stock by name or ticker symbol: HZN. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Horizon Global Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$9.02, 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 Horizon Global Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Horizon Global Corporation. 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.
What's in this guide?
Horizon Global Corporation share price
Use our graph to track the performance of HZN stocks over time.Horizon Global Corporation shares at a glance
Information last updated 2020-12-26.
| Latest market close | USD$9.02 |
|---|---|
| 52-week range | USD$1.2 - USD$9.61 |
| 50-day moving average | USD$7.9041 |
| 200-day moving average | USD$5.4701 |
| Wall St. target price | USD$1 |
| PE ratio | 0.5984 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$3.172 |
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Is it a good time to buy Horizon Global Corporation 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.
Horizon Global Corporation price performance over time
Historical closes compared with the close of $9.02 from 2020-12-18
| 1 week (2021-01-08) | 6.24% |
|---|---|
| 1 month (2020-12-16) | -4.04% |
| 3 months (2020-10-15) | 58.80% |
| 6 months (2020-07-15) | 175.00% |
| 1 year (2020-01-15) | 164.52% |
|---|---|
| 2 years (2019-01-15) | 351.00% |
| 3 years (2018-01-12) | 13.35 |
| 5 years (2016-01-15) | 4.88% |
Is Horizon Global Corporation under- or over-valued?
Valuing Horizon Global Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Horizon Global Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Horizon Global Corporation's P/E ratio
Horizon Global Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Horizon Global Corporation shares trade at around 1x 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.
Horizon Global Corporation's PEG ratio
Horizon Global Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.98. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Horizon Global Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Horizon Global Corporation's EBITDA
Horizon Global Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$8.7 million.
The EBITDA is a measure of a Horizon Global Corporation's overall financial performance and is widely used to measure a its profitability.
Horizon Global Corporation financials
| Revenue TTM | USD$627.6 million |
|---|---|
| Gross profit TTM | USD$96.2 million |
| Return on assets TTM | -5.4% |
| Return on equity TTM | -763.99% |
| Profit margin | -9.99% |
| Book value | $1.658 |
| Market capitalisation | USD$218.9 million |
TTM: trailing 12 months
Shorting Horizon Global Corporation shares
There are currently 210,458 Horizon Global Corporation shares held short by investors – that's known as Horizon Global Corporation's "short interest". This figure is 38.4% down from 341,807 last month.
There are a few different ways that this level of interest in shorting Horizon Global Corporation shares can be evaluated.
Horizon Global Corporation's "short interest ratio" (SIR)
Horizon Global Corporation's "short interest ratio" (SIR) is the quantity of Horizon Global Corporation shares currently shorted divided by the average quantity of Horizon Global Corporation shares traded daily (recently around 82210.15625). Horizon Global Corporation's SIR currently stands at 2.56. In other words for every 100,000 Horizon Global Corporation shares traded daily on the market, roughly 2560 shares are currently held short.
However Horizon Global Corporation's short interest can also be evaluated against the total number of Horizon Global Corporation shares, or, against the total number of tradable Horizon Global Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Horizon Global Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Horizon Global Corporation shares in existence, roughly 10 shares are currently held short) or 0.011% of the tradable shares (for every 100,000 tradable Horizon Global Corporation shares, roughly 11 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 Horizon Global Corporation.
Find out more about how you can short Horizon Global Corporation stock.
Horizon Global Corporation share dividends
We're not expecting Horizon Global Corporation to pay a dividend over the next 12 months.
Horizon Global Corporation share price volatility
Over the last 12 months, Horizon Global Corporation's shares have ranged in value from as little as $1.2 up to $9.61. 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 (NYSE average) beta is 1, while Horizon Global Corporation's is 1.9554. This would suggest that Horizon Global Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Horizon Global Corporation overview
Horizon Global Corporation designs, manufactures, and distributes a range of towing, trailering, cargo management, and other related accessory products worldwide. It operates through Horizon Americas and Horizon Europe-Africa segments. The company provides towing products, such as hitches, fifth wheels, gooseneck hitches, weight distribution systems, wiring harnesses, draw bars, ball mounts, crossbars, brake controls, security products, and other towing accessories for attaching a trailer, camper, etc. It also offers trailering products, including brake controls, jacks, winches, couplers, interior and exterior vehicle lighting, and brake replacement parts. In addition, the company provides cargo management products, such as bike racks, roof cross bar systems, cargo carriers, luggage boxes, car interior protective products, ropes, tie-downs, tarps, tarp straps, bungee cords, loading ramps, and interior travel organizers. Further, it offers other products comprising tubular push and sports bars, side steps, skid plates, and oil pans. Horizon Global Corporation provides its products under the Reese, Draw-Tite, and Westfalia, as well as Aqua Clear, Bulldog, BTM, DHF, Engetran, Fulton, Kovil, Reese Secure, Reese Explorer, Reese Power Sports, Reese Towpower, ROLA, Tekonsha, Trojan, WesBarg, Best Bars, and Witter Towbar brands. The company serves original equipment manufacturers and servicers, as well as automotive aftermarket and retail sectors in the agricultural, automotive, construction, fleet, horse/livestock, industrial, marine, military, recreational, trailer, utility, mining, and municipality markets; and serves end consumers through independent installers, warehouse distributors, dealers, original equipment channels, retail stores, and online retailers. Horizon Global Corporation was incorporated in 2015 is headquartered in Plymouth, Michigan.
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