Horizon Stock Buy Hold or Sell Recommendation

HZN
 Stock
  

USD 0.57  0.04  6.56%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Horizon Global Corp is 'Strong Sell'. Macroaxis provides Horizon Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HZN positions. The advice algorithm takes into account all of Horizon Global's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Horizon Global's buy-and-hold perspective. Please check Horizon Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Horizon and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Horizon Global Corp.

Execute Horizon Global Buy or Sell Advice

The Horizon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Horizon Global Corp. Macroaxis does not own or have any residual interests in Horizon Global Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Horizon Global's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Horizon GlobalBuy Horizon Global
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Horizon Global Corp has a Mean Deviation of 4.06, Standard Deviation of 5.94 and Variance of 35.3
We provide advice to complement the regular expert consensus on Horizon Global. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Horizon Global Corp is not overpriced, please check out all Horizon Global fundamentals, including its gross profit, short ratio, current asset, as well as the relationship between the total debt and beta . As Horizon Global Corp appears to be a penny stock we also urge to confirm its price to book numbers.

Horizon Global Trading Alerts and Improvement Suggestions

Horizon Global Corp generated a negative expected return over the last 90 days
Horizon Global Corp has high historical volatility and very poor performance
Horizon Global Corp has some characteristics of a very speculative penny stock
Horizon Global Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
The company reported the last year's revenue of 782.12 M. Reported Net Loss for the year was (33.12 M) with profit before taxes, overhead, and interest of 159.09 M.
Horizon Global Corp has about 11.78 M in cash with (42.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.95, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 61.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Horizon Global Announces Appointment of John C. Kennedy as Interim President and Chief Executive Officer - Yahoo Finance

Horizon Global Returns Distribution Density

The distribution of Horizon Global's historical returns is an attempt to chart the uncertainty of Horizon Global's future price movements. The chart of the probability distribution of Horizon Global stock daily returns describes the distribution of returns around its average expected value. We use Horizon Global Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Horizon Global returns is essential to provide solid investment advice for Horizon Global.
Mean Return-1.15Value At Risk-8.74
Potential Upside10.00Standard Deviation5.94
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Horizon Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Horizon Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Horizon Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Horizon Global Corp backward and forwards among themselves. Horizon Global's institutional investor refers to the entity that pools money to purchase Horizon Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.00.0
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.00.0
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.00.0
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.00.0
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.00.0
Zazove Associates LlcDebt5.6 M4.7 M
Yorkbridge Wealth Partners LlcCommon Shares1.1 K17 K
Yorkbridge Wealth Partners LlcCommon Shares1.1 K16 K
Wolverine Trading LlcPut Options15.7 K112 K
Note, although Horizon Global's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Horizon Global Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(20.94 M)(11.18 M)(8.1 M)(13.31 M)(20.46 M)(22.08 M)
Depreciation Amortization and Accretion25.34 M20.58 M21.69 M22.91 M22 M23.56 M
Net Cash Flow or Change in Cash and Cash Equivalents(20.67 M)(1.92 M)(15.88 M)38.92 M(33.42 M)(34.3 M)
Issuance Repayment of Debt Securities(57.23 M)82.75 M(175.42 M)13.09 M14.24 M15.05 M
Net Cash Flow from Financing3.7 M82.36 M(164.71 M)12.65 M30.31 M32.7 M
Net Cash Flow from Investing(40.74 M)(13.67 M)206.47 M(13.22 M)(20.44 M)(20.98 M)
Net Cash Flow from Operations14.16 M(70.5 M)(68.48 M)39.09 M(42.7 M)(43.82 M)
Effect of Exchange Rate Changes on Cash2.21 M(110 K)530 K900 K(590 K)(605.53 K)
Share Based Compensation3.63 M1.55 M2.15 M3 M3.52 M3.09 M

Horizon Global Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Horizon Global or Auto Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Horizon Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Horizon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-1.21
β
Beta against NYSE Composite0.82
σ
Overall volatility
6.02
Ir
Information ratio -0.21

Horizon Global Volatility Alert

Horizon Global Corp exhibits very low volatility with skewness of -0.56 and kurtosis of 4.23. However, we advise investors to further study Horizon Global Corp technical indicators to ensure that all market info is available and is reliable. Horizon Global Corp is a potential penny stock. Although Horizon Global may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Horizon Global Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Horizon instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Horizon Global Fundamentals Vs Peers

Comparing Horizon Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Horizon Global's direct or indirect competition across all of the common fundamentals between Horizon Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Horizon Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Horizon Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Horizon Global by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Horizon Global to competition
FundamentalsHorizon GlobalPeer Average
Return On Asset(0.07) %(0.14) %
Profit Margin(0.13) %(1.27) %
Operating Margin(0.07) %(5.51) %
Current Valuation334.53 M16.62 B
Shares Outstanding27.73 M571.82 M
Shares Owned by Insiders8.43 %10.09 %
Shares Owned by Institutions61.14 %39.21 %
Number of Shares Shorted53.59 K4.71 M
Price to Earning1.90 X28.72 X
Price to Book3.79 X9.51 X
Price to Sales0.0257 X11.42 X
Revenue782.12 M9.43 B
Gross Profit159.09 M27.38 B
EBITDA(39.25 M)3.9 B
Net Income(33.12 M)570.98 M
Cash and Equivalents11.78 M2.7 B
Cash per Share0.95 X5.01 X
Total Debt270.55 M5.32 B
Debt to Equity685.70 %48.70 %
Current Ratio2.11 X2.16 X
Book Value Per Share1.66 X1.93 K
Cash Flow from Operations(42.7 M)971.22 M
Short Ratio0.66 X4.00 X
Earnings Per Share(1.61) X3.12 X
Price to Earnings To Growth0.98 X4.89 X
Target Price1.0
Number of Employees3.5 K18.84 K
Beta1.59-0.15
Market Capitalization17.35 M19.03 B
Total Asset438.92 M29.47 B
Retained Earnings(145.71 M)9.33 B
Working Capital82.67 M1.48 B
Current Asset211.16 M9.34 B
   Payment of 18263 shares by Gohl Terry of Horizon Global subject to Rule 16b-3 [view details]

Horizon Global Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Horizon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Horizon Global Buy or Sell Advice

When is the right time to buy or sell Horizon Global Corp? Buying financial instruments such as Horizon Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables71.68 M87.42 M80.72 M75.59 M
Inventories136.65 M115.32 M162.83 M145.37 M

Use Investing Ideas to Build Portfolios

In addition to having Horizon Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Healthcare Funds Thematic Idea Now

Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Funds Theme or any other thematic opportunities.
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Please check Horizon Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Horizon Global Corp information on this page should be used as a complementary analysis to other Horizon Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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Is Horizon Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Global. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.99) 
Market Capitalization
17.3 M
Quarterly Revenue Growth YOY
(0.24) 
Return On Assets
(0.07) 
The market value of Horizon Global Corp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Global's value that differs from its market value or its book value, called intrinsic value, which is Horizon Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Global's market value can be influenced by many factors that don't directly affect Horizon Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Global's value and its price as these two are different measures arrived at by different means. Investors typically determine Horizon Global value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.