NASDAQ:HMHC - Houghton Mifflin Harcourt Stock Price, Forecast & News

Houghton Mifflin Harcourt trades on the NASDAQ under the ticker symbol "HMHC."

Houghton Mifflin Harcourt Co (NASDAQ:HMHC) released its quarterly earnings data on Thursday, October, 31st. The business services provider reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.07. The business services provider earned $565.67 million during the quarter, compared to analyst estimates of $581.22 million. Houghton Mifflin Harcourt had a negative net margin of 10.34% and a negative return on equity of 19.29%. The company's revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.68 earnings per share. View Houghton Mifflin Harcourt's Earnings History.

Houghton Mifflin Harcourt is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Houghton Mifflin Harcourt.

Houghton Mifflin Harcourt issued an update on its third quarter 2019 earnings guidance on Thursday, October, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $563-563 million, compared to the consensus revenue estimate of $585.24 million.

3 equities research analysts have issued 1-year target prices for Houghton Mifflin Harcourt's stock. Their forecasts range from $6.50 to $8.00. On average, they anticipate Houghton Mifflin Harcourt's share price to reach $7.17 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for Houghton Mifflin Harcourt.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Houghton Mifflin Harcourt in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Houghton Mifflin Harcourt.

News coverage about HMHC stock has trended very positive on Saturday, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Houghton Mifflin Harcourt earned a media sentiment score of 3.6 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Houghton Mifflin Harcourt.

Houghton Mifflin Harcourt saw a increase in short interest in November. As of November 15th, there was short interest totalling 4,810,000 shares, an increase of 20.9% from the October 31st total of 3,980,000 shares. Based on an average trading volume of 664,800 shares, the short-interest ratio is currently 7.2 days. Currently, 3.9% of the company's shares are sold short. View Houghton Mifflin Harcourt's Current Options Chain.

Some companies that are related to Houghton Mifflin Harcourt include Pearson (PSO), JOHN WILEY & SONS -CL A (JW.A), John Wiley & Sons (JW.B), Scholastic (SCHL) and Lingo Media (LMDCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Houghton Mifflin Harcourt investors own include Energy Transfer LP Unit (ET), Ford Motor (F), Pearson (PSO), CBL & Associates Properties (CBL), Centurylink (CTL), IBM (IBM), Advanced Micro Devices (AMD), Government Properties Income Trust (GOV), General Electric (GE) and Cornerstone Total Return Fund (CRF).

Houghton Mifflin Harcourt's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (1.74%), Peregrine Capital Management LLC (1.29%), Lapides Asset Management LLC (0.92%), State of New Jersey Common Pension Fund D (0.34%), Keeley Teton Advisors LLC (0.31%) and Millennium Management LLC (0.26%). Company insiders that own Houghton Mifflin Harcourt stock include Anchorage Capital Group, LLC, John J Lynch Jr, John R Mckernan Jr and Lawrence K Fish. View Institutional Ownership Trends for Houghton Mifflin Harcourt.

HMHC stock was sold by a variety of institutional investors in the last quarter, including Keeley Teton Advisors LLC, SG Americas Securities LLC, Barclays PLC, Squarepoint Ops LLC and First Mercantile Trust Co.. View Insider Buying and Selling for Houghton Mifflin Harcourt.

HMHC stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Millennium Management LLC, Lapides Asset Management LLC, Peregrine Capital Management LLC, State Street Corp, Wedge Capital Management L L P NC, California Public Employees Retirement System and Rhumbline Advisers. Company insiders that have bought Houghton Mifflin Harcourt stock in the last two years include John J Lynch Jr, John R Mckernan Jr and Lawrence K Fish. View Insider Buying and Selling for Houghton Mifflin Harcourt.

Shares of HMHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of HMHC stock can currently be purchased for approximately $5.68.

Houghton Mifflin Harcourt has a market capitalization of $706.20 million and generates $1.32 billion in revenue each year. The business services provider earns $-94,150,000.00 in net income (profit) each year or ($1.06) on an earnings per share basis. Houghton Mifflin Harcourt employs 3,600 workers across the globe.View Additional Information About Houghton Mifflin Harcourt.

The official website for Houghton Mifflin Harcourt is http://www.hmhco.com/.

Houghton Mifflin Harcourt's mailing address is 125 HIGH STREET, BOSTON MA, 02110. The business services provider can be reached via phone at 617-351-5000 or via email at [email protected]