EPS for Horizon Global Corporation (HZN) Expected At $0.12

October 2, 2018 - By Hugh Holland

Horizon Global Corporation (NYSE:HZN) Logo

Analysts expect Horizon Global Corporation (NYSE:HZN) to report $0.12 EPS on October, 30.They anticipate $0.26 EPS change or 68.42 % from last quarter’s $0.38 EPS. HZN’s profit would be $3.01 million giving it 15.21 P/E if the $0.12 EPS is correct. After having $0.36 EPS previously, Horizon Global Corporation’s analysts see -66.67 % EPS growth. The stock increased 2.96% or $0.21 during the last trading session, reaching $7.3. About 23,676 shares traded. Horizon Global Corporation (NYSE:HZN) has declined 55.03% since October 2, 2017 and is downtrending. It has underperformed by 70.65% the S&P500.

Horizon Global Corporation (NYSE:HZN) Ratings Coverage

Among 4 analysts covering Horizon Global (NYSE:HZN), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. Horizon Global had 6 analyst reports since April 13, 2018 according to SRatingsIntel. As per Friday, June 22, the company rating was downgraded by Bank of America. The rating was maintained by FBR Capital on Monday, June 25 with “Buy”. The firm has “Hold” rating given on Friday, May 4 by Roth Capital. The rating was initiated by FBR Capital on Friday, April 13 with “Buy”. The stock of Horizon Global Corporation (NYSE:HZN) earned “Buy” rating by Roth Capital on Wednesday, August 8.

Horizon Global Corporation designs, makes, and distributes a range of towing, trailering, cargo management, and other related accessory products to the automotive aftermarket, retail, and original equipment channels worldwide. The company has market cap of $183.20 million. It operates through three divisions: Horizon Americas, Horizon Asia-Pacific, and Horizon Europe-Africa. It currently has negative earnings. The firm provides towing products, such as hitches, fifth wheels, gooseneck hitches, weight distribution systems, wiring harnesses, draw bars, ball mounts, crossbars, towbars, security, and other towing accessories for attaching a trailer, camper, etc.

Another recent and important Horizon Global Corporation (NYSE:HZN) news was published by Seekingalpha.com which published an article titled: “Unhitch From Horizon Global” on September 11, 2018.

Horizon Global Corporation (NYSE:HZN) Ratings Chart

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