Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Houghton Mifflin Harcourt (HMHC) Stock Price
News articles about Houghton Mifflin Harcourt (NASDAQ:HMHC) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing 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. Houghton Mifflin Harcourt earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 45.471723389083 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- ‘The Year of the Pitcher’: A pitch-perfect story of ‘Bob Gibson, Denny McLain, and the End of Baseball’s Golden Age’ (missoulian.com)
- ‘The Year of the Pitcher’: A pitch-perfect story of ‘Bob Gibson, Denny McLain, and the End of Baseball’s Golden Age’ (crescent-news.com)
- Houghton Mifflin Harcourt Company (HMHC) – Overbought Stock to Focus – Wall Street Morning (wallstreetmorning.com)
- Hotwheels to take on Pokemon with new augmented reality racing game (dailymail.co.uk)
- Mattel seeks Pokemon-style boost from new HotWheels game (reuters.com)
Shares of Houghton Mifflin Harcourt (NASDAQ HMHC) traded up 0.42% on Thursday, hitting $12.00. 526,815 shares of the company were exchanged. The stock’s market capitalization is $1.48 billion. The firm’s 50-day moving average is $10.89 and its 200-day moving average is $11.60. Houghton Mifflin Harcourt has a 52-week low of $9.15 and a 52-week high of $13.95.
Houghton Mifflin Harcourt (NASDAQ:HMHC) last posted its quarterly earnings results on Thursday, August 3rd. The business services provider reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.03. The firm had revenue of $393.05 million for the quarter, compared to analyst estimates of $387.68 million. Houghton Mifflin Harcourt had a negative net margin of 18.60% and a negative return on equity of 16.14%. Houghton Mifflin Harcourt’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.23) earnings per share. Equities research analysts predict that Houghton Mifflin Harcourt will post ($1.59) earnings per share for the current year.
A number of brokerages recently commented on HMHC. Stifel Nicolaus reaffirmed a “hold” rating and issued a $12.50 price target on shares of Houghton Mifflin Harcourt in a report on Monday, July 10th. BidaskClub downgraded shares of Houghton Mifflin Harcourt from a “buy” rating to a “hold” rating in a report on Friday, June 16th. Zacks Investment Research downgraded shares of Houghton Mifflin Harcourt from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $13.00 price target on shares of Houghton Mifflin Harcourt in a report on Monday, September 18th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $12.83.
Houghton Mifflin Harcourt Company Profile
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.
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