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Horizon Global has the Lowest Return on Equity in the Auto Parts & Equipment Industry (HZN, SUP, MOD, THRM, SMP)

By David Diaz

Below are the three companies in the Auto Parts & Equipment industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Horizon Global ranks lowest with a ROE of -4,603.5%. Superior Inds is next with a ROE of -525.9%. Modine Mfg Co ranks third lowest with a ROE of 287.9%.

Gentherm Inc follows with a ROE of 411.5%, and Standard Motor rounds out the bottom five with a ROE of 659.3%.

SmarTrend recommended that subscribers consider buying shares of Horizon Global on January 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $1.98. Since that recommendation, shares of Horizon Global have risen 19.2%. We continue to monitor Horizon Global for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity horizon global superior inds modine mfg co gentherm inc standard motor