Houghton Mifflin Harcourt (HMHC) Earns Media Sentiment Rating of 0.12
Headlines about Houghton Mifflin Harcourt (NASDAQ:HMHC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Houghton Mifflin Harcourt earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 46.1631553877629 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Houghton Mifflin Harcourt (HMHC) opened at $9.10 on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $1,120.00, a PE ratio of -4.31 and a beta of 0.59. Houghton Mifflin Harcourt has a 52-week low of $8.05 and a 52-week high of $13.95.
Houghton Mifflin Harcourt (NASDAQ:HMHC) last issued its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.19. The firm had revenue of $532.00 million during the quarter, compared to the consensus estimate of $528.40 million. Houghton Mifflin Harcourt had a negative return on equity of 17.37% and a negative net margin of 18.59%. The company’s quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the company earned $0.73 EPS. analysts predict that Houghton Mifflin Harcourt will post -1.67 earnings per share for the current fiscal year.
A number of analysts have issued reports on HMHC shares. Citigroup cut their target price on Houghton Mifflin Harcourt from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, November 3rd. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $14.00 target price on shares of Houghton Mifflin Harcourt in a research note on Friday, November 3rd. Zacks Investment Research downgraded Houghton Mifflin Harcourt from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. ValuEngine raised Houghton Mifflin Harcourt from a “strong sell” rating to a “sell” rating in a research note on Saturday, November 4th. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $13.00 target price on shares of Houghton Mifflin Harcourt in a research note on Monday, September 18th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $13.08.
About Houghton Mifflin Harcourt
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.
Receive News & Ratings for Houghton Mifflin Harcourt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Houghton Mifflin Harcourt and related companies with Analyst Ratings Network's FREE daily email newsletter.