Wall Street brokerages expect that Houghton Mifflin Harcourt Co (NASDAQ:HMHC) will report earnings per share (EPS) of ($0.91) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Houghton Mifflin Harcourt’s earnings. The lowest EPS estimate is ($1.14) and the highest is ($0.59). Houghton Mifflin Harcourt reported earnings per share of ($0.70) during the same quarter last year, which suggests a negative year over year growth rate of 30%. The business is expected to issue its next earnings report on Thursday, February 22nd.

On average, analysts expect that Houghton Mifflin Harcourt will report full-year earnings of ($1.68) per share for the current year, with EPS estimates ranging from ($1.77) to ($1.62). For the next year, analysts anticipate that the business will post earnings of ($0.85) per share, with EPS estimates ranging from ($1.16) to ($0.45). Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Houghton Mifflin Harcourt.

Houghton Mifflin Harcourt (NASDAQ:HMHC) last posted its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.19. Houghton Mifflin Harcourt had a negative net margin of 18.59% and a negative return on equity of 17.37%. The business had revenue of $532.00 million during the quarter, compared to the consensus estimate of $528.40 million. During the same period in the prior year, the firm earned $0.73 EPS. Houghton Mifflin Harcourt’s quarterly revenue was down .2% compared to the same quarter last year.

A number of brokerages have weighed in on HMHC. Zacks Investment Research downgraded shares of Houghton Mifflin Harcourt from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. BidaskClub downgraded shares of Houghton Mifflin Harcourt from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. ValuEngine raised shares of Houghton Mifflin Harcourt from a “strong sell” rating to a “sell” rating in a report on Saturday, November 4th. Piper Jaffray Companies reissued a “hold” rating and issued a $14.00 price target on shares of Houghton Mifflin Harcourt in a report on Friday, November 3rd. Finally, Citigroup reduced their price target on shares of Houghton Mifflin Harcourt from $16.00 to $15.00 and set a “buy” rating for the company in a report on Friday, November 3rd. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. Houghton Mifflin Harcourt currently has a consensus rating of “Hold” and a consensus price target of $13.08.

Shares of Houghton Mifflin Harcourt (HMHC) remained flat at $$9.15 during trading on Tuesday. 546,043 shares of the company’s stock were exchanged, compared to its average volume of 667,567. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.94. Houghton Mifflin Harcourt has a 12 month low of $8.05 and a 12 month high of $13.95. The stock has a market capitalization of $1,130.00, a P/E ratio of -4.34 and a beta of 0.59.

Several large investors have recently added to or reduced their stakes in HMHC. Public Employees Retirement System of Ohio lifted its holdings in shares of Houghton Mifflin Harcourt by 25.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 8,628 shares of the business services provider’s stock worth $106,000 after acquiring an additional 1,729 shares during the period. D.A. Davidson & CO. lifted its holdings in shares of Houghton Mifflin Harcourt by 302.6% during the 2nd quarter. D.A. Davidson & CO. now owns 10,065 shares of the business services provider’s stock worth $123,000 after acquiring an additional 7,565 shares during the period. Verition Fund Management LLC bought a new position in shares of Houghton Mifflin Harcourt during the 2nd quarter worth about $128,000. Great West Life Assurance Co. Can lifted its holdings in shares of Houghton Mifflin Harcourt by 107.7% during the 3rd quarter. Great West Life Assurance Co. Can now owns 16,613 shares of the business services provider’s stock worth $199,000 after acquiring an additional 8,613 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Houghton Mifflin Harcourt during the 2nd quarter worth about $227,000.

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Houghton Mifflin Harcourt Company Profile

Houghton Mifflin Harcourt Company (HMH) is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing. As of December 31, 2016, the Company delivered content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world.

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