Analysts See $-0.04 EPS for Horizon Global Corporation (HZN)

April 17, 2018 - By Kurt Siggers

Horizon Global Corporation (NYSE:HZN) Logo

Analysts expect Horizon Global Corporation (NYSE:HZN) to report $-0.04 EPS on May, 2.They anticipate $0.13 EPS change or 76.47 % from last quarter’s $-0.17 EPS. After having $-0.11 EPS previously, Horizon Global Corporation’s analysts see -63.64 % EPS growth. The stock increased 0.61% or $0.05 during the last trading session, reaching $8.23. About 70,372 shares traded. Horizon Global Corporation (NYSE:HZN) has declined 36.53% since April 17, 2017 and is downtrending. It has underperformed by 48.08% the S&P500.

Horizon Global Corporation (NYSE:HZN) Ratings Coverage

Among 8 analysts covering Horizon Global (NYSE:HZN), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Horizon Global had 9 analyst reports since December 15, 2017 according to SRatingsIntel. Bank of America upgraded the stock to “Buy” rating in Wednesday, February 7 report. The rating was downgraded by BMO Capital Markets on Monday, January 29 to “Hold”. The firm has “Buy” rating given on Friday, April 13 by FBR Capital. The rating was maintained by Roth Capital with “Buy” on Friday, December 15. The company was maintained on Friday, March 9 by Barrington. Roth Capital maintained Horizon Global Corporation (NYSE:HZN) on Friday, January 26 with “Buy” rating. Barrington Research reinitiated it with “Outperform” rating and $23 target in Tuesday, December 19 report. As per Thursday, January 25, the company rating was maintained by Seaport Global.

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 $205.83 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.

Horizon Global Corporation (NYSE:HZN) Ratings Chart

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