Highway is a metal fabrication business based in the US. Highway stocks (HIHO.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $3.85 – a decrease of 0.49% over the previous week. Highway employs 0 staff and has a trailing 12-month revenue of around $11.6 million.
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| Latest market close | $2.05 |
|---|---|
| 52-week range | $1.57 - $3.03 |
| 50-day moving average | $2.02 |
| 200-day moving average | $2.17 |
| Wall St. target price | N/A |
| PE ratio | 18.4545 |
| Dividend yield | $0.25 (14.78%) |
| Earnings per share (TTM) | $0.11 |
Note: The dollar amounts in the table below are in Canadian dollars.
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.
Historical closes compared with the close of $2.05 from 2023-05-30
| 1 week (2023-05-24) | -0.49% |
|---|---|
| 1 month (2023-05-01) | -14.94% |
| 3 months (2023-03-03) | 0.49% |
| 6 months (2022-12-01) | -14.58% |
| 1 year (2022-05-31) | -7.24% |
|---|---|
| 2 years (2021-05-28) | -41.26% |
| 3 years (2020-05-29) | 6.77% |
| 5 years (2018-05-31) | 4.475 |
Valuing Highway stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Highway's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | $11.6 million |
|---|---|
| Operating margin TTM | 5.04% |
| Gross profit TTM | $3.8 million |
| Return on assets TTM | 2.59% |
| Return on equity TTM | 4.75% |
| Profit margin | 4% |
| Book value | $2.31 |
| Market capitalisation | $8.3 million |
TTM: trailing 12 months
Dividend payout ratio: 2.22% of net profits
Recently Highway has paid out, on average, around 2.22% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 14.78% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Highway shareholders could enjoy a 14.78% return on their shares, in the form of dividend payments. In Highway's case, that would currently equate to about $0.25 per share.
While Highway's payout ratio might seem low, this can signify that Highway is investing more in its future growth.
Highway's most recent dividend payout was on 5 January 2023. The latest dividend was paid out to all shareholders who bought their shares by 23 June 2023 (the "ex-dividend date").
Over the last 12 months, Highway's shares have ranged in value from as little as $1.5708 up to $3.0314. 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 Highway's is 0.3505. This would suggest that Highway's shares are less volatile than average (for this exchange).
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.
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