Harsco Corporation (NYSE:HSC) Getting Somewhat Favorable News Coverage, Report Shows
Media coverage about Harsco Corporation (NYSE:HSC) has trended somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Harsco Corporation earned a news impact score of 0.15 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 43 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern’s analysis:
- Do Analysts See Any Upside to Harsco Corporation (NYSE:HSC? – Stock Press Daily (stockpressdaily.com)
- Harsco Corporation (NYSE:HSC) Given News Impact Rating of 0.17 (latribunadecanarias.com)
- Shares in Harsco Corporation (HSC) Acquired by Cipher Capital LP (nolopodrasdejardever.com)
- Harsco Corporation (HSC) Stock Rating Reaffirmed by KeyCorp (hoyentv.com)
A number of analysts recently issued reports on HSC shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $15.00 target price (up previously from $13.00) on shares of Harsco Corporation in a research report on Monday, March 20th. Zacks Investment Research upgraded Harsco Corporation from a “sell” rating to a “hold” rating in a report on Monday, March 20th. BidaskClub upgraded Harsco Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 13th. Finally, KeyCorp reiterated an “overweight” rating and set a $19.00 price target (up previously from $17.50) on shares of Harsco Corporation in a report on Monday, June 26th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $17.00.
Harsco Corporation (NYSE:HSC) traded down 0.459% during trading on Monday, reaching $16.275. The company had a trading volume of 280,641 shares. The company has a 50-day moving average price of $15.38 and a 200 day moving average price of $13.89. Harsco Corporation has a one year low of $7.02 and a one year high of $17.08. The company’s market capitalization is $1.31 billion.
Harsco Corporation (NYSE:HSC) last posted its quarterly earnings data on Wednesday, May 3rd. The industrial products company reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.09. The firm had revenue of $372.54 million during the quarter, compared to analyst estimates of $343.40 million. Harsco Corporation had a negative net margin of 4.48% and a positive return on equity of 20.08%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $0.03 EPS. Analysts expect that Harsco Corporation will post $0.54 earnings per share for the current year.
In other Harsco Corporation news, SVP Scott H. Gerson sold 6,706 shares of the stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $15.10, for a total value of $101,260.60. Following the completion of the sale, the senior vice president now owns 32,125 shares in the company, valued at approximately $485,087.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.76% of the company’s stock.
About Harsco Corporation
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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