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 $60.36, down 0.18% from the previous day, and has increased 23.69% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.04 percentage points. Haynes International stock is currently +46.68% from its 52-week low of $41.15, and -0.82% from its 52-week high of $60.86.
As of Apr 24, 2024, there are 12.78M HAYN shares outstanding. The market capitalization of HAYN is $771.58M. In the last 24 hours, 138,423 HAYN shares were traded.
How to Buy Haynes International Stock
Not sure how to invest in Haynes International stock? Here's how.
- Figure out where to buy Haynes International stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Haynes International stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- 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 research website can help you understand if HAYN is a good stock to buy).
- Execute your HAYN trade: Decide if you will purchase HAYN shares at the current market price or use a limit order to purchase HAYN shares at a specific price.
- Monitor your HAYN investment: Create a watchlist to track your 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.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal details so you are able to buy HAYN today.
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Step 3: Deposit funds into your brokerage account
Now that you've created your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Haynes International stock
After you have figured out the best place to buy Haynes International stock, it's crucial to analyze their stock prior to buying, so you can comprehend the risk as well as the upside.
Overview of key HAYN info
HAYN Zen Score
WallStreetZen was designed to help average 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?
You can use a variety of different financial metrics, analyses, models, and charts to gauge HAYN's intrinsic value.
Using relative valuations measures:
- HAYN could be undervalued based on its P/E ratio of 18.29x, relative to Metal Fabrication industry P/E ratio of 18.76x
- HAYN may be undervalued based on its P/B ratio of 1.75x, relative to Metal Fabrication industry P/B ratio of 2.93x
- HAYN could be undervalued based on its PEG ratio of 0.69x
You can access more valuation analysis on HAYN's stock here.
HAYN Financials at a glance
Pros:
- Total HAYN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the HAYN balance sheet.
- HAYN has cash burn of 10025000. It has enough cash and short-term investments to cover this for at least one year.
- HAYN has $14.02M in cash and short term investments. This is sufficient to cover its annual cash burn of $10.03M.
- There are more short-term assets than long-term liabilities on the HAYN balance sheet.
Cons:
- HAYN profit margin has gone down from 9.2% to 6.9% in the past year.
- HAYN has a relatively high debt to equity ratio of 0.59.
You can dive deeper into what analysts are forecasting on the Haynes International stock forecast page.
Metrics for Advanced HAYN Traders
HAYN Performance Metrics
Last year, HAYN earnings were $41.94M. In the past 4 year, HAYN's earnings have gone up by 29.59% per year. This was faster than the Metal Fabrication industry average of 27.69%.
Last year, HAYN revenue was $604.64M. During the past 5 year, HAYN's revenue has grown by 5.96% per year. This was faster than the Metal Fabrication industry average of 3.75%.
You can research HAYN's earnings and revenue performance here.
Are HAYN executives and large shareholders buying or selling the stock?
In the last year, insiders 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 $63,409.50 worth of HAYN shares on Nov 24, 2023.
Dig into more about who owns HAYN shares here.
Does HAYN stock generate passive income?
Haynes International pays a dividend of 1.46%, compared to the Metal Fabrication industry's average dividend yield of 3.41%. If you owned $1,000 worth of HAYN stock, you would have received $14.58 in the past 12 months.
Haynes International dividend payments have not consistently grown over the past decade but have remained stable.
Dig into more data about Haynes International dividend yield and history here.
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Step 5: Execute your HAYN trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Press the Open button and eToro will place your order.
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Step 6: Monitor your HAYN investment
Now that you own some HAYN stock, you'll want to keep up with your new stock purchase.
Add HAYN to a watchlist to track your HAYN stock.
HAYN Feed
How to Buy Stock in Haynes International
To summarize, here are the 6 steps you need to take to buy Haynes International stock right now:
- Figure out where to buy Haynes International stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze Haynes International stock
- Execute your HAYN trade
- Monitor your HAYN investment
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Haynes International, create your watchlist below.
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