Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $29.60 USD
Change Today +0.21 / 0.71%
Volume 15.2K
HNH On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

handy & harman ltd (HNH) Snapshot

Open
$29.50
Previous Close
$29.39
Day High
$29.65
Day Low
$29.50
52 Week High
02/4/15 - $48.87
52 Week Low
08/6/14 - $21.24
Market Cap
319.2M
Average Volume 10 Days
13.3K
EPS TTM
$1.91
Shares Outstanding
10.8M
EX-Date
--
P/E TM
15.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for HANDY & HARMAN LTD (HNH)

Related News

No related news articles were found.

handy & harman ltd (HNH) Related Businessweek News

No Related Businessweek News Found

handy & harman ltd (HNH) Details

Handy & Harman Ltd. manufactures and sells engineered niche industrial products in the United States and internationally. It operates through Joining Materials, Tubing, Building Materials, and Kasco Blades and Route Repair Services segments. The Joining Materials segment fabricates precious metals and their alloys into brazing alloys, including gold, silver, palladium, copper, nickel, aluminum, and tin for use in electrical, appliance, transportation, construction, and general industrial industries. The Tubing segment provides seamless stainless steel tubing coils for petrochemical infrastructure and shipbuilding markets; small diameter coil tubing to the aerospace, defense, and semiconductor fabrication markets; and welded carbon steel tubing products for transportation, appliance and heating, and oil and gas industries. The Building Materials segment offers fasteners and fastening systems for the commercial low slope roofing industry; and engineered specialty fasteners for the building products industry. The Kasco Blades and Route Repair Services segment provides meat-room blade products, repair services, and resale products for the meat and deli departments of supermarkets, restaurants, meat and fish processing plants, and for distributors of electrical saws and cutting equipment; and wood cutting blade products for the pallet manufacturing, pallet recycler, and portable saw mill industries. The company sells its products and services through direct sales forces, distributors, and manufacturer's representatives to the construction, electrical, transportation, utility, medical, oil and gas exploration, and food industries. Handy & Harman Ltd. was founded in 1852 and is based in White Plains, New York.

1,925 Employees
Last Reported Date: 02/27/15
Founded in 1852

handy & harman ltd (HNH) Top Compensated Officers

Vice Chairman and Principal Executive Officer
Total Annual Compensation: --
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: --
Senior Vice President, Director, Chief Execut...
Total Annual Compensation: $986.1K
Compensation as of Fiscal Year 2014.

handy & harman ltd (HNH) Key Developments

Handy & Harman Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Full Year of 2015

Handy & Harman Ltd. reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $166,475,000 as compared to $168,545,000 for the same period a year ago. Income from continuing operations before tax and equity investment was $14,304,000 as compared to $15,299,000 a year ago. Income from continuing operations, net of tax was $6,276,000, or $0.58 per basic and diluted common share, as compared to $7,409,000, or $0.56 per basic and diluted common share, for the same period a year ago. Net income was $6,129,000 or $0.57 per share basic and diluted against $11,076,000 or $0.84 per share basic and diluted a year ago. Adjusted EBITDA was $22,458,000 as compared to $22,946,000 a year ago. Operating income was $15,212,000 compared to $17,585,000 last year. For the six months, the company reported net sales of $304,457,000 as compared to $304,032,000 for the same period a year ago. Income from continuing operations before tax and equity investment was $18,284,000 as compared to $19,177,000 a year ago. Income from continuing operations, net of tax was $9,534,000, or $0.88 per basic and diluted common share, as compared to $4,182,000, or $0.32 per basic and diluted common share, for the same period a year ago. Net income was $99,472,000 or $9.23 per share basic and diluted against $10,706,000 or $0.82 per share basic and diluted a year ago. Adjusted EBITDA was $33,120,000 as compared to $34,062,000 a year ago. Operating income was $20,658,000 compared to $22,938,000 last year. Based on current information, the company currently anticipates full-year 2015 net sales and adjusted EBITDA in the ranges of $634 million to $708 million, and $74 million to $83 million, respectively. The company's outlook for the third quarter of 2015 is for net sales between $176 million and $216 million and adjusted EBITDA between $24 million and $29 million. These forecasts include the expected operating results from its previously announced acquisition of JPS Industries Inc., which was completed on July 2, 2015.

Handy & Harman Ltd. Files Certificate of Amendment to the Company’S Certificate of Incorporation

On July 14, 2015, Handy & Harman Ltd. filed a Certificate of Amendment to the company’s Certificate of Incorporation with the Secretary of State of the State of Delaware to extend the expiration date of the 5% ownership limitation contained in ARTICLE FIFTH of the company’s Certificate of Incorporation, which preserves the tax treatment of the company’s net operating losses and other tax benefits. The Amendment extended the expiration date of such protective provision for an additional three-year period, from July 29, 2015 to July 29, 2018. The Amendment was approved by the company’s board of directors and majority stockholder on May 28, 2015.

Handy & Harman Ltd. Approves Amendment of Certificate of Incorporation

On May 28, 2015, the Board of Directors and the majority stockholder of Handy & Harman Ltd. approved the adoption of a Certificate of Amendment to the company's Certificate of Incorporation in order to extend the expiration date of the 5% ownership limitation contained in ARTICLE FIFTH of the company's Certificate of Incorporation, which preserves the tax treatment of the company's net operating losses and other tax benefits. The amendment extended the expiration date of such protective provision for an additional three-year period, from July 29, 2015 to July 29, 2018. The company plans on filing with the U.S. Securities and Exchange Commission a preliminary, followed by a definitive, Information Statement on Schedule 14C to provide non-consenting company stockholders notice of the approval of the amendment, and thereafter will mail the definitive Information Statement to such holders in compliance with Rule 14c-5 under the Securities Exchange Act of 1934. Following the mailing of the Information Statement to such holders, the company will file the Amendment with Secretary of State of the State of Delaware, upon which the amendment will become effective.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HNH:US $29.60 USD +0.21

HNH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AK Steel Holding Corp $2.95 USD -0.18
Carpenter Technology Corp $37.54 USD -0.61
Encore Wire Corp $34.33 USD 0.00
Materion Corp $30.60 USD +0.05
Schnitzer Steel Industries Inc $15.71 USD -0.50
View Industry Companies
 

Industry Analysis

HNH

Industry Average

Valuation HNH Industry Range
Price/Earnings 19.5x
Price/Sales 0.6x
Price/Book 2.1x
Price/Cash Flow 2.8x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HANDY & HARMAN LTD, please visit www.handyharman.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.