Houlihan Lokey (HLI) Earns Coverage Optimism Rating of 0.19
News coverage about Houlihan Lokey (NYSE:HLI) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Houlihan Lokey earned a news impact score of 0.19 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 44.8674499011624 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Houlihan Lokey, Inc. (HLI) Stock Rating Reaffirmed by Keefe, Bruyette & Woods (americanbankingnews.com)
- Houlihan Lokey, Inc. (HLI) Upgraded to Buy by BidaskClub (americanbankingnews.com)
- Houlihan Lokey, Inc. breached its 50 day moving average in a Bullish Manner : HLI-US : August 25, 2017 (finance.yahoo.com)
- Head-To-Head Analysis: Houlihan Lokey (HLI) and PJT Partners (PJT) (americanbankingnews.com)
HLI has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Houlihan Lokey from a “sell” rating to a “hold” rating in a research note on Monday, July 3rd. Bank of America Corporation cut shares of Houlihan Lokey from a “buy” rating to a “neutral” rating and increased their price target for the company from $36.00 to $38.00 in a research note on Thursday, May 11th. They noted that the move was a valuation call. UBS AG reiterated a “buy” rating and issued a $42.00 price target (up previously from $40.00) on shares of Houlihan Lokey in a research note on Wednesday, July 26th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $40.00 price target on shares of Houlihan Lokey in a research note on Thursday, July 27th. Finally, BidaskClub cut shares of Houlihan Lokey from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Houlihan Lokey has a consensus rating of “Buy” and an average target price of $39.40.
Shares of Houlihan Lokey (NYSE HLI) opened at 35.67 on Wednesday. The firm has a market cap of $2.39 billion, a PE ratio of 18.49 and a beta of 0.31. Houlihan Lokey has a 1-year low of $23.19 and a 1-year high of $39.68. The stock’s 50 day moving average is $36.38 and its 200-day moving average is $34.16.
Houlihan Lokey (NYSE:HLI) last released its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $0.50 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. Houlihan Lokey had a return on equity of 18.63% and a net margin of 14.10%. The company had revenue of $217 million during the quarter, compared to the consensus estimate of $203.21 million. During the same period last year, the company earned $0.35 EPS. Houlihan Lokey’s revenue for the quarter was up 19.9% on a year-over-year basis. Analysts expect that Houlihan Lokey will post $2.05 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be issued a $0.20 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $0.80 annualized dividend and a yield of 2.24%. Houlihan Lokey’s payout ratio is 41.67%.
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About Houlihan Lokey
Houlihan Lokey, Inc is a global independent investment bank that focuses on mergers and acquisitions (M&A), capital markets, financial restructuring, valuation, and strategic consulting. The Company operates through four segments: Corporate Finance, Financial Restructuring, Financial Advisory Services and Strategic Consulting.
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