Husqvarna (DB:HRZ) - Stock Price, News & Analysis

HRZ Stock Overview

Produces and sells outdoor power products, watering products, and lawn care power equipment.

HRZ fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 34.7% below our estimate of its fair value

Earnings are forecast to grow 25.31% per year

Risk Analysis

Has a high level of debt

Large one-off items impacting financial results

Dividend of 3.33% is not well covered by earnings

Husqvarna AB (publ) Competitors

Krones

XTRA:KRN

€4.0b

KION GROUP

XTRA:KGX

€6.1b

DMG MORI

XTRA:GIL

€3.4b

Jungheinrich

XTRA:JUN3

€3.5b

Price History & Performance

Summary of all time highs, changes and price drops for Husqvarna
Historical stock prices
Current Share Price	kr7.72
52 Week High	kr8.99
52 Week Low	kr5.79
Beta	1.51
1 Month Change	12.33%
3 Month Change	7.37%
1 Year Change	1.87%
3 Year Change	-35.23%
5 Year Change	0.57%
Change since IPO	-12.72%

Recent updates

Shareholder Returns

	HRZ	DE Machinery	DE Market
7D	-2.1%	-2.4%	-1.7%
1Y	1.9%	23.7%	6.2%

Return vs Industry: HRZ underperformed the German Machinery industry which returned 23.7% over the past year.

Return vs Market: HRZ underperformed the German Market which returned 6.2% over the past year.

Price Volatility

Is HRZ's price volatile compared to industry and market?
HRZ volatility
HRZ Average Weekly Movement	4.6%
Machinery Industry Average Movement	4.4%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	10.6%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: HRZ has not had significant price volatility in the past 3 months.

Volatility Over Time: HRZ's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1689	13,963	Pavel Hajman	www.husqvarnagroup.com

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three divisions: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.

Husqvarna AB (publ) Fundamentals Summary

How do Husqvarna's earnings and revenue compare to its market cap?
HRZ fundamental statistics
Market cap	€4.44b
Earnings (TTM)	€159.05m
Revenue (TTM)	€4.38b

27.9x

P/E Ratio

1.0x

P/S Ratio

Is HRZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HRZ income statement (TTM)
Revenue	kr50.81b
Cost of Revenue	kr34.71b
Gross Profit	kr16.10b
Other Expenses	kr14.26b
Earnings	kr1.85b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 18, 2024

Earnings per share (EPS)	3.23
Gross Margin	31.69%
Net Profit Margin	3.63%
Debt/Equity Ratio	63.1%

How did HRZ perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

93%

Payout Ratio

HRZ Stock Overview

Rewards

Risk Analysis

Husqvarna AB (publ) Competitors

XTRA:KRN

€4.0b

XTRA:KGX

€6.1b

XTRA:GIL

€3.4b

XTRA:JUN3

€3.5b

Price History & Performance

Recent News & Updates

Chairman of the Board recently sold €1.8m worth of stock

Husqvarna AB Appoints Torbjörn Lööf as Deputy Chair of the Board

Husqvarna AB (Publ) Approves Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively

Upcoming dividend of kr1.00 per share

Husqvarna Launches Another Game-Changing Innovation in Chainsaws

Full year 2023 earnings released: EPS: kr3.81 (vs kr3.39 in FY 2022)

Recent updates

Chairman of the Board recently sold €1.8m worth of stock

Husqvarna AB Appoints Torbjörn Lööf as Deputy Chair of the Board

Husqvarna AB (Publ) Approves Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively

Upcoming dividend of kr1.00 per share

Husqvarna Launches Another Game-Changing Innovation in Chainsaws

Full year 2023 earnings released: EPS: kr3.81 (vs kr3.39 in FY 2022)

Husqvarna Group Expands Virtual Boundary Robotic Lawn Mower Range to Medium-Sized Gardens

Husqvarna AB (publ) Proposes Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively

Husqvarna AB (publ) signed an agreement to acquire ET Water Systems, Inc. from Jain Irrigation, Inc.

Full year 2023 earnings released: EPS: kr3.81 (vs kr3.39 in FY 2022)

Husqvarna AB (Publ) Announces Pär Åström to Leave Husqvarna Group, Effective June 30, 2024

Husqvarna Group Expands its Max Battery Series Product Line with Attachment-Capable Powerhead that Offers More Than Fifteen Tools in One

Husqvarna Group Establishes International Advisory Board of Biodiversity Experts

Husqvarna Group Launches an Innovative Redesign of A Legendary Workhorse

Husqvarna AB (publ) Announces Resignation of Erik Winberg as Executive Vice President Strategy & Innovation, and Member of the Group Management, Effective by December 31, 2023

Husqvarna Launches Pro Insider, an Online Learning Platform That Rewards Its Users

Third quarter 2023 earnings released: EPS: kr0.22 (vs kr0.47 in 3Q 2022)

Husqvarna AB (publ) to Report Fiscal Year 2023 Results on Feb 02, 2024

Upcoming dividend of kr2.00 per share at 3.6% yield

Husqvarna AB (publ), Annual General Meeting, Apr 18, 2024

Husqvarna AB (publ) Announces Change in Employee Representatives to the Board of Directors

Now 21% undervalued

Second quarter 2023 earnings released

Husqvarna Group Appoints Robert Hafredal as New EVP Global Information Services and Group Cio, Effective August 1, 2023

Now 21% undervalued after recent price drop

Husqvarna AB (Publ) Launches 525I Battery Series with Performance Meeting 25Cc Batteries

Husqvarna Group Appoints Pavel Hajman as Group CEO

Husqvarna Announces the Next Level of Tree Care Tools with the Launch of the T540 XP® Mark III and New Line of Arborist Gear

Now 21% undervalued

Upcoming dividend of kr1.00 per share at 3.5% yield

Less than half of directors are independent

Full year 2022 earnings released: EPS: kr3.39 (vs kr7.76 in FY 2021)

Husqvarna Group Announces Its First Range Supporting the Power for All Battery Solution

Husqvarna AB Announces Henric Andersson Will Leave as Board Member

Full year 2022 earnings released: EPS: kr3.39 (vs kr7.76 in FY 2021)

Husqvarna AB Proposes A Dividend for 2022

Investor sentiment improves as stock rises 16%

Husqvarna AB (publ) Announces CEO Changes

Husqvarna Group Announces Management Changes

Now 22% undervalued

Husqvarna AB (publ) Announces Change in Employee Representatives to the Board of Directors of the Company

Husqvarna Group Launches Xcite Zero-Turn Mowers Complete with Industry-First Innovations

Investor sentiment improved over the past week

Husqvarna AB (publ) Announces Resignation of Tina Helmke Hallberg from Board of Directors

Third quarter 2022 earnings released: EPS: kr0.47 (vs kr1.10 in 3Q 2021)

Husqvarna AB (publ) to Report Nine Months, 2023 Results on Oct 20, 2023

Husqvarna Group to Debut Cutting-Edge Product Innovations at Equip Exposition

Husqvarna Launches Virtual Boundary Robotic Lawn Mowing for Private Gardens

Upcoming dividend of kr2.00 per share

Husqvarna AB (publ) Announces Nomination Committee for the 2023 Annual General Meeting

Husqvarna AB Announces Change of Employee Representative in the Board of Directors

Second quarter 2022 earnings released

Husqvarna AB (publ) Provides Sales Guidance for the Second Quarter 2022

Husqvarna AB (publ) Provides Sales Guidance for the Second Quarter 2022

Husqvarna AB (publ) Announces the Resignation of Stefan Ranstrand as Director of the Board of Directors

Husqvarna AB (publ) (OM:HUSQ B) completed the acquisition of Heger GmbH Excellent Diamond Tools.

First quarter 2022 earnings released: EPS: kr2.87 (vs kr2.90 in 1Q 2021)

First quarter 2022 earnings released: EPS: kr2.87 (vs kr2.90 in 1Q 2021)

Husqvarna AB (publ) (OM:HUSQ B) agreed to acquire Heger GmbH Excellent Diamond Tools.