WallStreetZenWallStreetZen

How to Buy Haynes International Stock

Haynes International Inc

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.

Haynes International stock last closed at $60.71, up 0.58% from the previous day, and has increased 39.88% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.11 percentage points. Haynes International stock is currently +32.9% from its 52-week low of $45.68, and -0.25% from its 52-week high of $60.86.

There are currently 12.79M HAYN shares outstanding. The market capitalization of HAYN is $776.18M. In the last 24 hours, 149,373 HAYN shares were traded.

How to Buy Haynes International Stock

Wondering how to invest in Haynes International stock? Here's how.
  1. Figure out where to buy Haynes International stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Haynes International stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your method of payment and add your details.
  4. Analyze Haynes International stock: The Haynes International ticker symbol is HAYN. Is Haynes International stock a good investment? Should you buy shares of HAYN? How do HAYN's underlying business fundamentals look? Do top analysts think Haynes International is a good buy? Why has HAYN's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if HAYN is a good stock to buy).
  5. Execute your HAYN trade: Decide if you will purchase HAYN shares at the current market price or use a limit order to buy HAYN stock at a particular price.
  6. Monitor your HAYN investment: Create a watchlist to monitor your new investment in Haynes International stock.

Step 1: Figure out where to buy Haynes International stock

You need a brokerage account to access the NASDAQ market and buy HAYN stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Healthcare, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you need to fill out some personal details so you are able to invest in HAYN today.

How to Create a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to open a new brokerage account.
  1. Submit your info by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your brokerage account

Now that you've created your account on apps for stock market, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of depositing money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Haynes International stock

Once you have selected the best place to buy Haynes International stock, it's very important to analyze their stock before you buy, so you actually understand the risk as well as the opportunity.

Haynes International shares data

HAYN Price
$60.71
1w %
0.68%
1y %
39.88%
5y %
69.11%
P/E
20.65x
P/B
1.72x
P/S
1.25x
PEG
0.61x
Revenue
$614.33M
Earnings
$37.51M
Fore. Rev. Growth
-66%
Fore. Earn. Growth
37.89%
Market Cap
$776.18M
Next Earnings
Nov 14, 2024
Next Dividend
N/A

HAYN Due Diligence Checks

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on HAYN's stock page.

Is HAYN stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge HAYN's intrinsic value.

Using relative valuations metrics:

  • HAYN may be undervalued based on its P/E ratio of 20.65x, relative to Metal Fabrication industry P/E ratio of 24.63x
  • HAYN could be undervalued based on its P/B ratio of 1.72x, relative to Metal Fabrication industry P/B ratio of 3.48x
  • HAYN may be undervalued based on its PEG ratio of 0.61x

You can access additional valuation research on HAYN's stock here.

HAYN Financial Overview

Pros:

  • HAYN earnings of $53.87M is not enough to cover its interest payments.
  • HAYN's operating cash flow of $41.89M allows it to safely service it's debt of $98.69M.
  • There are more short-term assets than long-term liabilities on the HAYN balance sheet.
  • There are more short-term assets than short-term liabilities on the HAYN balance sheet.
  • Total HAYN debt is lower than 5 years ago, relative to shareholder equity.

Cons:

  • HAYN has a relatively high debt to equity ratio of 0.52.
  • HAYN profit margin has gone down from 7.9% to 6.1% in the past year.

You can dive deeper into what analysts are saying on the Haynes International stock forecast page.

Metrics for Advanced HAYN Traders

SMA10
60.36
SMA20
60.07
SMA50
59.71
SMA100
59.46
SMA200
59.29
MACD
0.27
MACD Signal
0.22
MACD Histogram
0.05
RSI
69.3
Stochastic %K
80.49
Stochastic %D
80.2
StochRSI %K
66.27
StochRSI %D
68.96

HAYN Revenue

Last year, HAYN earnings were $37.51M. During the past 5 year, HAYN's earnings have gone up by 44.29% per year. This was faster than the Metal Fabrication industry average of 14.37%.

Last year, HAYN revenue was $614.33M. Over the last 5 year, HAYN's revenue has grown by 4.93% per year. This was slower than the Metal Fabrication industry average of 7.08%.

Learn more about HAYN's earnings and revenue performance here.

Who is buying/selling HAYN?

In the past year, executives and large shareholders at HAYN have sold more shares than they have bought.

Marlin C. Losch Iii, VP SALES AND DISTRIBUTION of HAYN, was the latest HAYN insider to sell. They sold $42,166.05 worth of HAYN stock on Oct 15, 2024.

Dig into more about who owns HAYN stock here.

Can I rely on HAYN as an income stream?

Haynes International pays a dividend of 1.45%, compared to the Metal Fabrication industry's average dividend yield of 3.32%. If you owned $1,000 worth of HAYN stock, you would have been paid $14.50 in the past year.

Haynes International dividend payments have not consistently grown over the past decade but have remained stable.

Dig into more analysis about Haynes International dividend yield and history here.

Get analysis from other traders

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your HAYN trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.

Press the Open button and eToro will place the order.

If you require additional info about buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Monitor your HAYN investment

Now that you own some shares in HAYN, you'll want to keep up with your investment.

Make a watchlist to get alerted to the latest events about your HAYN stock.

HAYN Feed

How to Buy Stock in Haynes International

To reiterate, here are the 6 steps to buy stock in Haynes International:

  1. Figure out where to buy Haynes International stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Haynes International stock
  5. Execute your HAYN trade
  6. Monitor your HAYN investment

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Haynes International, create a watchlist today.

NASDAQ: HAYN
$60.71+0.35 (+0.58%)
Updated Nov 1, 2024
Open eToro Account
NASDAQ: HAYN
$60.71+0.35 (+0.58%)
Updated Nov 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Haynes International share?

As of Nov 1, 2024, it costs $60.71 to buy one share of Haynes International stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.165 shares of HAYN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Haynes International stock?

One way to place an order for Haynes International stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.