Event-Driven Stocks

Horsehead Holding Corp

Materials · Primary Smelting & Refining of Nonferrous Metals · DE · SEC filings ↗ · Compare ⊕

Signs3 good3 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY15FY14FY13FY12FY11FY10
Revenue$414.9M$110.1M$118.3M$435.7M$451.2M$382.4M
Operating income−$626.7M−$20.7M−$24.8M−$44.0M$28.8M$39.6M
Net income−$665.4M$729,000$2.8M−$30.4M$21.5M$24.8M
Total assets$392.1M$973.5M$1.01B$811.8M$631.5M$496.1M
Total liabilities
Equity−$152.4M$430.2M$440.8M$379.1M$408.0M$368.6M
EPS (diluted)$-11.75$0.01$0.06$-0.69$0.49$0.57
Shares out.56.7M50.6M44.0M43.7M43.7M43.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2015
Operating margin
−151.0%
Net margin
−160.4%
Return on equity
436.6%
Return on assets
−169.7%
Return on capital (ROCE)
Liabilities / assets
Debt / equity
Book value / share
$-2.69
Revenue growth (YoY)
277.0%
Net income growth (YoY)
−91374.1%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2015
Accruals / assets
152.2%clean
Piotroski F-Score
2/8weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
42
/ 100
Profitability 25Growth 50Catalyst 67Earnings quality 67Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

2 severe3 warning3 good
  • Negative shareholder equity
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Insider transactions

SEC Form 4 · most recent
8 acquisitions4 disposals4 open-market buy(s)net 332,923 shares · last 12
InsiderDateTypeSharesPrice
Dalal Street, Llc10% ownerJan 19, 2016Sell565,156$0.43
Scherich Robert DOfficer — VP &amp; CFOJan 4, 2016Tax withholding7,008$1.96
Hensler James MOfficer — President &amp; CEOJan 4, 2016Tax withholding22,226$1.91
Whitaker Gary ROfficer — VP-Gen. Counsel &amp; SecretaryJan 4, 2016Sell4,055$1.91
Van Roden John C JrDirectorJan 4, 2016Grant23,880$0.01
Schreiber George A JrDirectorJan 4, 2016Grant23,880$0.01
John T GrantDirectorJan 4, 2016Grant23,880$0.01
Shilling Jack WDirectorJan 4, 2016Grant23,880$0.01
Scherich Robert DOfficer — VP &amp; CFONov 11, 2015Buy10,000$2.41
Scherich Robert DOfficer — VP &amp; CFOSep 3, 2015Buy10,000$7.54
Hensler James MOfficer — President &amp; CEOSep 3, 2015Buy7,500$7.54
Dalal Street, Llc10% ownerAug 19, 2015Buy142,502$7.75

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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