Critical Analysis: Horizon Global Corporation (HZN) vs. The Competition
Horizon Global Corporation (NYSE: HZN) is one of 32 publicly-traded companies in the “Auto, Truck & Motorcycle Parts” industry, but how does it compare to its rivals? We will compare Horizon Global Corporation to related companies based on the strength of its analyst recommendations, earnings, risk, dividends, institutional ownership, profitability and valuation.
This table compares Horizon Global Corporation and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Horizon Global Corporation||-0.56%||16.58%||3.01%|
|Horizon Global Corporation Competitors||-95.31%||2.74%||-1.13%|
Insider and Institutional Ownership
92.5% of Horizon Global Corporation shares are held by institutional investors. Comparatively, 67.9% of shares of all “Auto, Truck & Motorcycle Parts” companies are held by institutional investors. 1.3% of Horizon Global Corporation shares are held by insiders. Comparatively, 15.2% of shares of all “Auto, Truck & Motorcycle Parts” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Earnings & Valuation
This table compares Horizon Global Corporation and its rivals revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Horizon Global Corporation||$649.20 million||-$12.36 million||-36.43|
|Horizon Global Corporation Competitors||$6.08 billion||$355.13 million||12.29|
Horizon Global Corporation’s rivals have higher revenue and earnings than Horizon Global Corporation. Horizon Global Corporation is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Risk and Volatility
Horizon Global Corporation has a beta of 1.79, meaning that its share price is 79% more volatile than the S&P 500. Comparatively, Horizon Global Corporation’s rivals have a beta of 1.40, meaning that their average share price is 40% more volatile than the S&P 500.
This is a breakdown of current recommendations for Horizon Global Corporation and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Horizon Global Corporation||1||2||3||0||2.33|
|Horizon Global Corporation Competitors||148||928||1455||39||2.54|
Horizon Global Corporation currently has a consensus price target of $19.60, suggesting a potential upside of 28.10%. As a group, “Auto, Truck & Motorcycle Parts” companies have a potential upside of 13.42%. Given Horizon Global Corporation’s higher probable upside, equities analysts clearly believe Horizon Global Corporation is more favorable than its rivals.
Horizon Global Corporation beats its rivals on 7 of the 13 factors compared.
Horizon Global Corporation Company Profile
Horizon Global Corporation is a designer, manufacturer and distributor of a range of custom-engineered towing, trailering, cargo management and other products serving the automotive aftermarket, retail and original equipment (OE) channels. The Company operates through three segments: Horizon Americas, Horizon Asia-Pacific, and Horizon Europe-Africa. Its towing product category includes devices and accessories installed on a tow-vehicle for the purpose of attaching a trailer and camper, among others, such as hitches and other towing accessories. Its trailering product category includes control devices and components of the trailer itself, such as brake controls and brake replacement parts. Its cargo management product category includes a range of products used to facilitate the transportation of various forms of cargo, to secure that cargo or to organize items. Its other product category includes a range of items, such as tubular push bars, side steps, and commercial brooms and brushes.
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