Haynes International, Inc. (HAYN) Rises A lot Today, Is Now One of The Best Performer

September 17, 2017 - By Darrin Black

The stock of Haynes International, Inc. (NASDAQ:HAYN) is a huge mover today! The stock increased 5.39% or $1.67 on September 15, reaching $32.65. About 244,960 shares traded or 164.36% up from the average. Haynes International, Inc. (NASDAQ:HAYN) has risen 38.73% since September 17, 2016 and is uptrending. It has outperformed by 22.03% the S&P500.
The move comes after 8 months positive chart setup for the $408.38 million company. It was reported on Sep, 17 by Barchart.com. We have $34.28 PT which if reached, will make NASDAQ:HAYN worth $20.42M more.

Analysts await Haynes International, Inc. (NASDAQ:HAYN) to report earnings on November, 16. They expect $-0.28 EPS, down 450.00 % or $0.36 from last year’s $0.08 per share. After $-0.32 actual EPS reported by Haynes International, Inc. for the previous quarter, Wall Street now forecasts -12.50 % EPS growth.

Haynes International, Inc. (NASDAQ:HAYN) Ratings Coverage

Among 4 analysts covering Haynes International (NASDAQ:HAYN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Haynes International had 9 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, August 29 by Rosenblatt. The firm earned “Buy” rating on Tuesday, September 29 by Singular Research. The stock has “Hold” rating by Zacks on Friday, August 14. The firm earned “Buy” rating on Monday, May 15 by Longbow. Zacks downgraded the stock to “Hold” rating in Wednesday, August 12 report. JP Morgan downgraded the stock to “Neutral” rating in Wednesday, November 16 report.

More notable recent Haynes International, Inc. (NASDAQ:HAYN) news were published by: Globenewswire.com which released: “Haynes International, Inc. announces the development of HAYNES® 233â„¢ alloy” on December 01, 2016, also Seekingalpha.com with their article: “Haynes International’s (HAYN) CEO Mark Comerford on Q2 2017 Results – Earnings …” published on May 06, 2017, Seekingalpha.com published: “Haynes International’s (HAYN) CEO Mark Comerford on Q1 2017 Results – Earnings …” on February 03, 2017. More interesting news about Haynes International, Inc. (NASDAQ:HAYN) were released by: Seekingalpha.com and their article: “Haynes International: Time To Sell” published on November 03, 2016 as well as Globenewswire.com‘s news article titled: “Haynes International, Inc. Reports Fourth Quarter Fiscal 2016 Financial Results” with publication date: November 17, 2016.

Haynes International, Inc. is a producer of nickel- and cobalt alloys in flat product forms, such as sheet, coil and plate forms. The company has market cap of $408.38 million. The Firm also produces its products as seamless and welded tubulars, and in slab, bar, billet and wire forms. It currently has negative earnings. It focuses on developing, manufacturing, marketing and distributing alloys, which are sold in the aerospace, chemical processing and industrial gas turbine industries.

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