Horizon Global Corporation HZN
At closeFeb 7, 2023, 4:00 PM EST
52-week range unavailable
- Revenue (ttm)
- 675.32M
- Profit margin
- -13.34%
- Shares out
- 27.73M
- Forward P/E
- -16.00
- Volume
- 128.41K
- Open
- 1.75
- Previous close
- 1.76
- Day's range
- 1.74 – 1.76
- Beta
- 2.90
- Analysts
- Underperform
- Earnings date
- Mar 9, 2023
Key statistics
- Enterprise value
- 400.92M
- PEG ratio
- 0.00
- Price / sales
- 0.07
- Price / book
- 0.00
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -24.20%
- Free cash flow
- -29.80M
- Total cash
- 7.76M
- Total debt
- 367.14M
- Return on equity
- 0.00%
- Short % of float
- 0.49%
- 50-day average
- 1.17
- 200-day average
- 1.48
Analyst view
Consensus: underperform
- Strong buy0
- Buy3
- Hold2
- Sell1
- Strong sell0
Next earnings
Mar 9, 2023
Expected Mar 9, 2023. Consensus EPS estimate 0.00.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Mar 9, 2023 | Dec 1, 2022 | 0.00 | — | — | — |
| Nov 9, 2022 | Sep 1, 2022 | 0.00 | — | — | — |
| Aug 9, 2022 | Jun 1, 2022 | 0.00 | — | — | — |
| May 5, 2022 | Mar 1, 2022 | 0.00 | — | — | — |
| Mar 10, 2022 | Dec 1, 2021 | 0.00 | — | — | — |
| Nov 4, 2021 | Sep 1, 2021 | 0.00 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 19, 2020 | B. Riley FBR | main | — | Sell |
| Mar 17, 2020 | B. Riley FBR | main | — | Sell |
| Mar 9, 2020 | B. Riley | down | Neutral | Sell |
| Nov 9, 2018 | B. Riley FBR | down | Buy | Neutral |
| Aug 8, 2018 | Roth Capital | up | Neutral | Buy |
| Jun 25, 2018 | B. Riley FBR | main | Buy | Buy |
About Horizon Global Corporation
Horizon Global Corporation engages in the design, manufacture, and distribution of towing, trailering, cargo management, and other related accessory products worldwide. It operates in two segments, Horizon Americas and Horizon Europe-Africa. The company provides towing products, such as hitches/tow bars, fifth wheels, gooseneck hitches, weight distribution systems, brake controllers, wiring harnesses, draw bars, ball mounts, crossbars, security products, and other towing accessories. It also offers trailering products, including brake controllers, jacks, winches, couplers, interior and exterior vehicle lighting, and brake replacement parts. In addition, the company provides cargo management products comprising bike racks, roof cross bar systems, cargo carriers, luggage boxes, car interior protective products, loading ramps, and interior travel organizers. Further, it offers other products consisting of tubular push and sports bars, side steps, skid plates, and oil pans. The company sells its products under the Reese, Draw-Tite, Westfalia, Bulldog, BTM, Fulton, Reese Secure, Reese Explorer, Reese Power Sports, Reese Towpower, ROLA, Tekonsha, WesBar, and Witter Towbar Systems brands. It serves aftermarket, automotive original equipment manufacturers, automotive original equipment servicers, retail, e-commerce, and industrial customers within the agricultural, automotive, construction, horse/livestock, industrial, marine, military, recreational, trailer, and utility markets. The company was incorporated in 2015 and is headquartered in Plymouth, Michigan.
- Sector
- Consumer Cyclical
- Industry
- Auto Parts
- Country
- United States
- Website
- horizonglobal.com
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Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BARRETT JOHN FREDERICK | Director | Stock Award(Grant) | May 25, 2022 | 2,475,560 |
| CORRE PARTNERS MANAGEMENT, L.L.C. | Beneficial Owner of more than 10% of a Class of Security | Stock Award(Grant) | May 25, 2022 | 0 |
| COSTELLO DONNA M | Director | Stock Award(Grant) | May 25, 2022 | 41,521 |
| GOHL TERRENCE G | Chief Executive Officer | Stock Award(Grant) | Sep 29, 2022 | 356,534 |
| KENNEDY JOHN C. | Director | Stock Award(Grant) | May 25, 2022 | 1,190,820 |
| LANGDON RYAN L. | Director | Stock Award(Grant) | May 25, 2022 | 0 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| T. Rowe Price Investment Management, Inc. | 16.45% | 4,561,534 | 8.03M | Sep 29, 2022 |
| Atlas FRM LLC | 8.92% | 2,473,904 | 4.35M | Sep 29, 2022 |
| Corre Partners Management, LLC | 8.81% | 2,442,224 | 4.30M | Dec 30, 2022 |
| Royce & Associates LP | 6.87% | 1,904,459 | 3.35M | Sep 29, 2022 |
| Iron Park Capital Partners, LP | 5.76% | 1,597,000 | 2.81M | Dec 30, 2022 |
| Vanguard Group, Inc. (The) | 3.91% | 1,083,782 | 1.91M | Sep 29, 2022 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Price (T.Rowe) Small-Cap Value Fund | 11.66% | 3,233,390 | 5.69M | Sep 29, 2022 |
| Price (T.Rowe) U.S. Small-Cap Value Equity Trust | 4.41% | 1,224,168 | 2.15M | Sep 29, 2022 |
| Royce Opportunity Fund | 4.38% | 1,214,620 | 2.14M | Sep 29, 2022 |
| Vanguard Total Stock Market Index Fund | 2.66% | 737,857 | 1.30M | Sep 29, 2022 |
| Vanguard Extended Market Index Fund | 1.07% | 296,562 | 521.95K | Sep 29, 2022 |
| Bridgeway Funds Inc-Ultra Small Company Market Fund | 0.45% | 124,200 | 218.59K | Sep 29, 2022 |
