Favorable Media Coverage Somewhat Unlikely to Impact Harsco (HSC) Stock Price
Press coverage about Harsco (NYSE:HSC) has trended positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Harsco earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 47.2210715647923 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Zacks: Brokerages Expect Harsco Co. (HSC) Will Post Quarterly Sales of $410.10 Million (americanbankingnews.com)
- Harsco Corporation Announces Timing of Fourth Quarter and Full Year 2017 Financial Results and Conference Call (finance.yahoo.com)
- Steady as She Goes: Valuation Update on Harsco Corporation (NYSE:HSC) as EV Reaches 2231536 – Clawson News (clawsonnews.com)
- Zacks: Brokerages Anticipate Harsco Co. (HSC) to Post $0.15 EPS (americanbankingnews.com)
A number of equities research analysts have recently issued reports on the company. Zacks Investment Research cut Harsco from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Argus upped their price objective on Harsco to $24.00 and gave the stock a “buy” rating in a research note on Thursday, January 11th. Finally, ValuEngine cut Harsco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Harsco has an average rating of “Hold” and an average price target of $20.75.
Harsco (NYSE:HSC) last announced its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Harsco had a return on equity of 32.46% and a net margin of 1.69%. The company had revenue of $384.65 million for the quarter, compared to analysts’ expectations of $398.85 million. During the same quarter in the prior year, the business posted $0.14 EPS. The business’s revenue was up 4.6% compared to the same quarter last year. research analysts forecast that Harsco will post 0.68 earnings per share for the current year.
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Harsco Company Profile
Harsco Corporation is a provider of industrial services and engineered products. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. The Harsco Metals & Minerals segment provides outsourced on-site services to the global metals industry, with the operations focused in the United States, the United Kingdom, France and Brazil.
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