Meaningful negative changes in Haynes International Inc (NASDAQ: HAYN) fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for September, 2024 decreased significantly, and the consensus estimate for September, 2025 decreased significantly.
Haynes International Inc (NASDAQ: HAYN). Important negative changes in investment behavior have recently occurred: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HAYN is expected to continue to be a Value Builder.
Haynes International has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Haynes International has a neutral Appreciation Score of 49 and a neutral Power Rating of 45, producing the Low Neutral Value Trend Rating.
Recent Price Action
Haynes International Inc (NASDAQ: HAYN) stock declined slightly by -0.2% on 9/4/24. The stock closed at $59.61. Moreover, exceptionally high trading volume at 266% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -0.6% during the last week.
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