Haynes International Inc.
1020 West Park Avenue
Kokomo, IN 46904-9013
United States - Map
Phone: 765-456-6000
Web Site: http://www.haynesintl.com
DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Steel & Iron
Full Time Employees: 1,072
BUSINESS SUMMARY
Haynes International, Inc. develops, manufactures, markets, and distributes alloys, which are used primarily in the aerospace, land based gas turbine, and chemical processing industries. It provides high temperature resistant alloys (HTA products) and corrosion resistant alloys (CRA products). HTA products are used by manufacturers of equipment that is subjected to extremely high temperatures, such as jet engines for the aerospace industry, gas turbine engines for power generation, waste incineration equipment, and industrial heating equipment. The company's CRA products are used in applications that require resistance to extreme corrosion, such as chemical processing, power plant emissions control, and hazardous waste treatment. Haynes International produces its HTA and CRA high-performance alloys primarily in sheet, coil, and plate forms, as well as in seamless and welded tubulars, and bar, billet, and wire forms. The company sells its products primarily through its direct sales organization, which operates from 14 locations in the U.S., Europe, and Asia. The company was founded in 1912 and is based in Kokomo, Indiana.
Breakout. $94.27 now.
http://stockcharts.com/h-sc/ui?s=HAYN&p=D&b=5&g=0&id=p53222905042
new high.
http://stockcharts.com/h-sc/ui?s=HAYN&p=D&b=5&g=0&id=p53222905042
I like it. I've had this on the watch list since early March.
My numbers running with a P/E of 15 and net margin at 18% says this stock is worth $181.74 right now. Little dilution, debt is controlled and revenue is starting to gain some momentum.
The only problem I have with this is I only have 3 years worth of data...
might be a good falling dollar play...ill do more research later