McGraw Hill (NYSE:MH) Releases Quarterly Earnings Results, Beats Expectations By $1.05 EPS

McGraw Hill (NYSE:MH) posted its earnings results on Wednesday. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $1.05, Zacks reports. The firm had revenue of $669.19 million during the quarter, compared to analyst estimates of $638.76 million. The company’s revenue was down 2.8% on a year-over-year basis. McGraw Hill updated its FY 2026 guidance to EPS.

McGraw Hill Stock Performance

Shares of MH traded up $0.74 during trading hours on Friday, hitting $15.71. The stock had a trading volume of 1,968,859 shares, compared to its average volume of 830,833. The company’s fifty day moving average price is $12.84. McGraw Hill has a 52 week low of $10.69 and a 52 week high of $17.25.

Institutional Trading of McGraw Hill

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. acquired a new stake in shares of McGraw Hill during the third quarter worth approximately $32,923,000. UBS Group AG bought a new stake in McGraw Hill during the 3rd quarter worth approximately $6,231,000. Franklin Resources Inc. acquired a new stake in McGraw Hill during the 3rd quarter valued at $2,282,000. Squarepoint Ops LLC bought a new position in McGraw Hill in the 3rd quarter valued at $2,095,000. Finally, Sei Investments Co. acquired a new position in McGraw Hill in the third quarter worth $1,892,000.

Wall Street Analysts Forecast Growth

MH has been the topic of several research analyst reports. BMO Capital Markets lowered their price target on McGraw Hill from $25.00 to $21.00 and set an “outperform” rating on the stock in a research report on Thursday. Rothschild & Co Redburn began coverage on McGraw Hill in a report on Monday, August 18th. They issued a “buy” rating and a $28.60 target price on the stock. Needham & Company LLC assumed coverage on McGraw Hill in a research report on Monday, August 18th. They issued a “buy” rating and a $19.00 price target on the stock. Stifel Nicolaus started coverage on McGraw Hill in a research report on Monday, August 18th. They issued a “buy” rating and a $19.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of McGraw Hill in a research report on Monday, August 18th. They set a “buy” rating and a $18.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $20.72.

McGraw Hill Company Profile

At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.