RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Hennessy Advisors P/E 2024

Hennessy Advisors P/E

3.94

Hennessy Advisors Dividend yield

9.65 %

Ticker

HNNA

ISIN

US4258851009

WKN

A0LEEJ

As of Jun 1, 2024, Hennessy Advisors's P/E ratio was 3.94, a -65.8% change from the 11.52 P/E ratio recorded in the previous year.

The Hennessy Advisors P/E history

Hennessy Advisors Aktienanalyse

What does Hennessy Advisors do?

Hennessy Advisors Inc is a US investment company that has been operating as an independent asset manager since its founding in 1989. The company is based in Novato, California and is listed on the NASDAQ stock exchange under the ticker symbol "HNNA". It was founded by Neil J. Hennessy and initially operated as a distributor for other investment funds. In 1996, Hennessy obtained permission to establish its own investment funds, and the company has since expanded its offerings and become a diversified asset manager. Hennessy Advisors aims to create long-term wealth growth for its clients and offers a wide range of actively managed investment funds for institutional and private investors. The company emphasizes a low-risk investment strategy and focuses on companies with high potential for growth, cash flow, and return on capital. The company operates in four divisions: Equity Funds, Fixed Income Funds, Institutional Accounts, and Series Trust. Equity Funds: Hennessy Advisors' equity funds invest in US companies with market capitalizations under $7 billion. The funds focus on themes such as hydrogen technologies, innovations in the automotive and energy sectors, and growth companies in the IT sector. Fixed Income Funds: Hennessy Advisors' fixed income funds invest in fixed-income securities such as bonds or other debt securities from both private and government sectors. The investment strategies aim to generate returns without significantly increasing price risk. Institutional Accounts: In its Institutional division, Hennessy Advisors offers various investment strategies on a separate account basis, focusing on sector-specific or country-specific investments. The company serves institutional clients such as pension funds, foundations, and endowment funds in this area. Series Trust: Hennessy Advisors' Series Trust division comprises a group of investment funds created directly by Hennessy Advisors through various subsidiaries. The funds can be sold by other financial service providers and benefit from the infrastructure provided by Hennessy Advisors. The company offers various investment funds within the mentioned divisions, such as Hennessy Cornerstone Growth Fund, Hennessy Japan Small Cap Fund, Hennessy Large Cap Financial Fund, Hennessy Small Cap Financial Fund, Hennessy Focus Fund, Hennessy Gas Utility Fund, Hennessy Gas Utility Index Fund, Hennessy Total Return Fund, Hennessy Equity and Income Fund, Hennessy RMF Dividend Income Fund, Hennessy SCOTTISH REIT, Hennessy Funds Trust. In conclusion, Hennessy Advisors is an independent asset manager that focuses on a low-risk investment strategy. Since its founding, the company has continuously evolved and now offers various investment strategies and products. Its longstanding goal is to provide long-term value appreciation through offering the best selection of investment funds. Hennessy Advisors ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Hennessy Advisors's P/E Ratio

The Price to Earnings (P/E) Ratio of Hennessy Advisors is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Hennessy Advisors's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Hennessy Advisors is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Hennessy Advisors’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Hennessy Advisors Stock

What is the price-to-earnings ratio of Hennessy Advisors?

The price-earnings ratio of Hennessy Advisors is currently 3.94.

How has the price-earnings ratio of Hennessy Advisors changed compared to last year?

The price-to-earnings ratio of Hennessy Advisors has increased by -65.8% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Hennessy Advisors high compared to other companies?

Yes, the price-to-earnings ratio of Hennessy Advisors is high compared to other companies.

How does an increase in the price-earnings ratio of Hennessy Advisors affect the company?

An increase in the price-earnings ratio of Hennessy Advisors would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Hennessy Advisors affect the company?

A decrease in the price-earnings ratio of Hennessy Advisors would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Hennessy Advisors?

Some factors that influence the price-earnings ratio of Hennessy Advisors are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Hennessy Advisors pay?

Over the past 12 months, Hennessy Advisors paid a dividend of 0.69 USD . This corresponds to a dividend yield of about 9.65 %. For the coming 12 months, Hennessy Advisors is expected to pay a dividend of 0.71 USD.

What is the dividend yield of Hennessy Advisors?

The current dividend yield of Hennessy Advisors is 9.65 %.

When does Hennessy Advisors pay dividends?

Hennessy Advisors pays a quarterly dividend. This is distributed in the months of December, December, March, June.

How secure is the dividend of Hennessy Advisors?

Hennessy Advisors paid dividends every year for the past 19 years.

What is the dividend of Hennessy Advisors?

For the upcoming 12 months, dividends amounting to 0.71 USD are expected. This corresponds to a dividend yield of 9.9 %.

In which sector is Hennessy Advisors located?

Hennessy Advisors is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Hennessy Advisors kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hennessy Advisors from 6/5/2024 amounting to 0.138 USD, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.

When did Hennessy Advisors pay the last dividend?

The last dividend was paid out on 6/5/2024.

What was the dividend of Hennessy Advisors in the year 2023?

In the year 2023, Hennessy Advisors distributed 0.55 USD as dividends.

In which currency does Hennessy Advisors pay out the dividend?

The dividends of Hennessy Advisors are distributed in USD.

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Andere Kennzahlen von Hennessy Advisors

Our stock analysis for Hennessy Advisors Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hennessy Advisors Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.