Media headlines about Horizon Global (NYSE:HZN) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Horizon Global earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news stories about the company an impact score of 44.8848280942485 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities analysts recently weighed in on the company. ValuEngine upgraded Horizon Global from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Barrington Research restated an “outperform” rating and issued a $23.00 price objective on shares of Horizon Global in a research report on Tuesday, December 19th. Zacks Investment Research upgraded Horizon Global from a “sell” rating to a “hold” rating in a research report on Monday, December 18th. Roth Capital set a $24.00 price objective on Horizon Global and gave the company a “buy” rating in a research report on Saturday, December 16th. Finally, Seaport Global Securities reiterated a “hold” rating and issued a $10.00 target price on shares of Horizon Global in a research report on Thursday, January 25th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $17.67.
Horizon Global (HZN) traded down $0.08 on Wednesday, hitting $9.77. The stock had a trading volume of 131,673 shares, compared to its average volume of 491,087. The company has a market capitalization of $244.27, a PE ratio of -51.58, a price-to-earnings-growth ratio of 1.16 and a beta of 0.76. Horizon Global has a 1 year low of $7.69 and a 1 year high of $19.26. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.63 and a current ratio of 1.46.
ILLEGAL ACTIVITY NOTICE: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Horizon Global (HZN) Share Price” was first posted by BBNS and is the sole property of of BBNS. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this article can be viewed at https://baseballnewssource.com/2018/03/14/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-horizon-global-hzn-stock-price/1924880.html.
About Horizon Global
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.
Receive News & Ratings for Horizon Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horizon Global and related companies with MarketBeat.com's FREE daily email newsletter.