Haynes International (HAYN) Getting Somewhat Positive Media Coverage, Accern Reports
Media headlines about Haynes International (NASDAQ:HAYN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Haynes International earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 47.5428400504779 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Economic development trips aim to boost auto, agriculture businesses (thestatehousefile.com)
- Prov Kayak’s Haynes Highlights the Remainder of the Season on LIVE (golocalprov.com)
- Two Airplane Health Scares This Week Were Linked to People Returning From the Hajj in Mecca (msn.com)
- Travelers from Saudi Arabia quarantined at airport for second straight day (forimmediaterelease.net)
- 12 People on Flights to Philadelphia Have ‘Flu-Like Symptoms,’ Officials Say (time.com)
NASDAQ HAYN traded up $0.63 during trading hours on Wednesday, hitting $34.72. 77,200 shares of the company’s stock were exchanged, compared to its average volume of 80,884. Haynes International has a 12-month low of $30.25 and a 12-month high of $45.14. The company has a market capitalization of $453.21 million, a PE ratio of -43.94 and a beta of 1.44. The company has a current ratio of 5.89, a quick ratio of 1.47 and a debt-to-equity ratio of 0.03.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 14th. Investors of record on Thursday, August 30th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, August 29th. This represents a $0.88 annualized dividend and a yield of 2.53%. Haynes International’s dividend payout ratio (DPR) is presently -112.82%.
A number of analysts recently commented on HAYN shares. BidaskClub raised Haynes International from a “strong sell” rating to a “sell” rating in a research note on Friday, August 24th. ValuEngine raised Haynes International from a “hold” rating to a “buy” rating in a research note on Friday, May 18th. Finally, Zacks Investment Research lowered Haynes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 10th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $44.00.
About Haynes International
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.
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