Insider Trading Update: Haynes International, Inc. $HAYN

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Haynes International, Inc. (HAYN) insider have most recently took part in a trading activity. On Dec 14, 2017 Hickton Dawne S, Director bought 2,000 shares having total worth of $63,000 at the price of $31.5 per share, following the transaction a total of 5,300 shares owned by Hickton Dawne S.

Shares of Haynes International, Inc. (HAYN) traded up 0.41% on Dec 15, 2017, hitting $31.5. 317,023 shares of the company’s stock traded hands. Haynes International, Inc. has a 52 week low of $29.6 and a 52 week high of $47.26. The company’s market cap is $458 million.

Haynes International, Inc. (HAYN) last announced its earnings results on Nov 16, 2017. The company reported -0.30 earnings per share (EPS) for the quarter, lower than the consensus estimate of -0.24 by $0.06. The company had revenue of $101 million for the quarter, compared to the consensus estimate of $100 million. During the same quarter in the previous year, the company posted 0.25 earnings per share. The company’s revenue for the quarter was down 6% on a year-over-year basis.

2017-11-16 2017-08-03 2017-02-02 2016-11-17 2016-08-04 2016-02-04 2015-11-19 2015-08-06 2015-02-05 2014-11-20
earnings per share -0.30 -0.32 -0.06 0.25 0.15 0.02 0.46 0.62 0.51 0.51
Revenue(M) 100.77 97.98 93.36 107.52 101.26 95.07 117 121.27 110.68 120.1

Haynes International, Inc. was incorporated as a stand-alone Corporation in Delaware in 1987. The Company is the producers of high-performance nickel- and cobalt-based alloys in sheet, coil and plate forms. The Company is focused on developing, manufacturing, marketing and distributing technologically advanced, high-performance alloys, which are sold primarily in the aerospace, chemical processing and land-based gas turbine industries. The Company’s products consist of high temperature resistant alloys, or HTA products, and corrosion resistant alloys, or CRA products. HTA products are used by manufacturers of equipment that is subjected to extremely high temperatures, such as jet engines for the aerospace market, gas turbine engines used for power generation and waste incineration, and industrial heating equipment. CRA products are used in applications that require resistance to very corrosive media found in chemical processing, power plant emissions control and hazardous waste treatment. The Company has manufacturing facilities in Kokomo, Indiana; Arcadia, Louisiana; and Mountain Home, North Carolina. The Company’s goal is to grow its business and increase revenues and profitability while continuing to be its customers’ provider of choice for high-performance alloys. The Company pursues this goal by taking advantage of its diverse product offerings and service capabilities to penetrate end markets, and lowering costs through strategic investment in manufacturing facilities. The global specialty alloy market consists of three primary sectors: stainless steel, general purpose nickel alloys and high-performance nickel- and cobalt-based alloys. The Company currently maintains a total of approximately 14 U.S. patents and applications and approximately 169 foreign counterpart patents and applications targeted at countries with significant or potential markets for the patented products and continues to develop, manufacture and test high-performance nickel- and cobalt-based alloys. The Company’s primary competitors in flat rolled products include Special Metals Corporation, a subsidiary of Precision Cast Parts, Allegheny Technologies, Inc. and Krupp VDM GmbH, a subsidiary of Thyssen Krupp Stainless. The Company faces strong competition from domestic and foreign manufacturers of both high-performance alloys (similar to those the Company produces) and other competing metals. The Company’s facilities and operations are subject to various foreign, federal, state and local laws and regulations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.