Horizon Global (HZN) to Release Quarterly Earnings on Monday
Horizon Global (NYSE:HZN) is scheduled to be announcing its earnings results before the market opens on Monday, March 18th. Analysts expect the company to announce earnings of ($0.44) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
HZN stock opened at $2.36 on Friday. The company has a debt-to-equity ratio of 20.60, a quick ratio of 0.90 and a current ratio of 1.80. The stock has a market cap of $59.26 million, a price-to-earnings ratio of 2.41 and a beta of 2.00. Horizon Global has a 1-year low of $1.34 and a 1-year high of $9.66.
Several research analysts have weighed in on HZN shares. ValuEngine upgraded Horizon Global from a “hold” rating to a “buy” rating in a report on Friday, March 1st. Zacks Investment Research upgraded Horizon Global from a “strong sell” rating to a “hold” rating in a report on Thursday, January 10th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $7.25.
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About Horizon Global
Horizon Global Corporation designs, manufactures, and distributes a range of towing, trailering, cargo management, and other related accessory products to the automotive aftermarket, retail, and original equipment channels worldwide. It operates through three segments: Horizon Americas, Horizon Asia-Pacific, and Horizon Europe-Africa.
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