Hennessy Ad Stock Today
| HNNA Stock | USD 7.17 0.07 0.97% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Hennessy is trading at 7.17 as of the 21st of May 2024, a -0.97 percent decrease since the beginning of the trading day. The stock's open price was 7.24. Hennessy has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Hennessy Ad are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of April 2024 and ending today, the 21st of May 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 15th of October 2002 | Classification Financials |
Hennessy Advisors, Inc. is publicly owned investment manager. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina. Hennessy Advisors operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. The company has 7.68 M outstanding shares of which 101.15 K shares are currently shorted by private and institutional investors with about 30.11 trading days to cover. More on Hennessy Ad
Moving against Hennessy Stock
| 0.52 | ACRE | Ares Commercial Real | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Hennessy Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hennessy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hennessy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Hennessy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hennessy's managers, analysts, and investors.
Environmental | Governance | Social |
| Chairman | Neil Hennessy | ||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Hennessy report their recommendations after researching Hennessy's financial statements, talking to executives and customers, or listening in on Hennessy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hennessy Ad. The Hennessy consensus assessment is calculated by taking the average forecast from all of the analysts covering Hennessy. | |||||
Hennessy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hennessy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hennessy's financial leverage. It provides some insight into what part of Hennessy's total assets is financed by creditors.
| |||||
Hennessy Ad (HNNA) is traded on NASDAQ Exchange in USA. It is located in 7250 Redwood Boulevard, Novato, CA, United States, 94945 and employs 16 people. Hennessy is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 55.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hennessy's market, we take the total number of its shares issued and multiply it by Hennessy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hennessy Ad conducts business under Capital Markets sector and is part of Financials industry. The entity has 7.68 M outstanding shares of which 101.15 K shares are currently shorted by private and institutional investors with about 30.11 trading days to cover.
Hennessy Ad currently holds about 57.49 M in cash with 7.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Hennessy Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Hennessy is $55.06 Million. Hennessy secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Hennessy Ownership Details
Hennessy Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Hennessy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hennessy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hennessy's value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 12.7 K | |
| Bank Of America Corp | 2023-12-31 | 10.5 K | |
| Cambridge Invest Research Advisors, Inc. | 2023-12-31 | 10.1 K | |
| Ubs Group Ag | 2023-12-31 | 2 K | |
| Caldwell Sutter Capital Inc | 2023-12-31 | 505 | |
| Tower Research Capital Llc | 2023-12-31 | 51.0 | |
| Capital Advisors, Ltd. Llc | 2024-03-31 | 41.0 | |
| Wells Fargo & Co | 2023-12-31 | 31.0 | |
| Royal Bank Of Canada | 2023-12-31 | 12.0 | |
| Vanguard Group Inc | 2023-12-31 | 249.4 K | |
| Aegis Financial Corporation | 2023-12-31 | 141.4 K |
Hennessy Historical Income Statement
Hennessy Ad Income Statement is one of the three primary financial statements used for reporting Hennessy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hennessy Ad revenue and expense. Hennessy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Hennessy's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 2.7 M, whereas Total Revenue is forecasted to decline to about 25.2 M. View More FundamentalsHennessy Stock Against Markets
Picking the right benchmark for Hennessy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hennessy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hennessy is critical whether you are bullish or bearish towards Hennessy Ad at a given time. Please also check how Hennessy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hennessy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Ceiling Movement Now
Price Ceiling MovementCalculate and plot Price Ceiling Movement for different equity instruments |
| All Next | Launch Module |
Hennessy Corporate Management
Elected by the shareholders, the Hennessy's board of directors comprises two types of representatives: Hennessy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hennessy. The board's role is to monitor Hennessy's management team and ensure that shareholders' interests are well served. Hennessy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hennessy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| CPA CPA | CFO VP | Profile | |
| Jennifer Cheskiewicz | General Counsel | Profile | |
| Jill Carley | Marketing Associate | Profile | |
| Alan Hennessy | Vice Operations | Profile |
How to buy Hennessy Stock?
Before investing in Hennessy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hennessy. To buy Hennessy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hennessy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hennessy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hennessy Ad stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hennessy Ad stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hennessy Ad, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hennessy Stock please use our How to Invest in Hennessy guide.
Already Invested in Hennessy Ad?
The danger of trading Hennessy Ad is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hennessy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hennessy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hennessy Ad is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hennessy Ad offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hennessy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hennessy Ad Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hennessy Ad Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hennessy Ad. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Hennessy Stock analysis
When running Hennessy's price analysis, check to measure Hennessy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hennessy is operating at the current time. Most of Hennessy's value examination focuses on studying past and present price action to predict the probability of Hennessy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hennessy's price. Additionally, you may evaluate how the addition of Hennessy to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
Is Hennessy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hennessy. If investors know Hennessy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hennessy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.268 | Dividend Share 0.545 | Earnings Share 0.68 | Revenue Per Share 3.282 | Quarterly Revenue Growth 0.173 |
The market value of Hennessy Ad is measured differently than its book value, which is the value of Hennessy that is recorded on the company's balance sheet. Investors also form their own opinion of Hennessy's value that differs from its market value or its book value, called intrinsic value, which is Hennessy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hennessy's market value can be influenced by many factors that don't directly affect Hennessy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hennessy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hennessy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hennessy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.