HMH Holding Inc (NASDAQ:HMH - Get Free Report) has earned a consensus rating of "Buy" from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $28.00.
A number of equities research analysts have recently weighed in on the company. Zacks Research raised HMH from a "strong sell" rating to a "hold" rating in a research note on Friday, July 24th. Wall Street Zen downgraded HMH from a "buy" rating to a "hold" rating in a report on Sunday, May 3rd. Stifel Nicolaus lifted their target price on shares of HMH from $27.00 to $28.00 and gave the company a "buy" rating in a research note on Wednesday, August 12th. Finally, Evercore set a $24.00 target price on shares of HMH in a research report on Friday, August 7th.
Get Our Latest Stock Analysis on HMH
Institutional Investors Weigh In On HMH
A hedge fund recently bought a new stake in HMH stock. Readystate Asset Management LP bought a new position in shares of HMH Holding Inc (NASDAQ:HMH - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 80,000 shares of the company's stock, valued at approximately $1,499,000. Readystate Asset Management LP owned about 0.18% of HMH at the end of the most recent reporting period.
HMH Price Performance
Shares of NASDAQ:HMH opened at $18.88 on Monday. The firm's fifty day moving average is $19.70. The firm has a market cap of $829.47 million and a price-to-earnings ratio of 44.95. HMH has a 12-month low of $16.32 and a 12-month high of $24.50. The company has a quick ratio of 1.82, a current ratio of 2.97 and a debt-to-equity ratio of 0.23.
HMH (NASDAQ:HMH - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.19. The company had revenue of $170.82 million during the quarter. Equities research analysts expect that HMH will post 1.21 earnings per share for the current fiscal year.
About HMH
(
Get Free Report)
Houghton Mifflin Harcourt (HMH) is an education and learning company that produces curricular content, instructional materials, assessment tools and digital learning platforms primarily for the K–12 market. The company develops and licenses print and digital resources designed to support classroom instruction, remote and blended learning, and student assessment across a range of subjects and grade levels.
HMH’s offerings include core and supplemental curricula, adaptive and online learning technologies, formative and summative assessments, and professional development services for educators.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider HMH, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HMH wasn't on the list.
While HMH currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. "Physical AI" is coming. Learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
