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) issued its quarterly earnings results on Thursday, February, 27th. The business services provider reported ($1.01) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.74) by $0.27. The business services provider had revenue of $241.48 million for the quarter, compared to analyst estimates of $251.93 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 for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.45) EPS. View Houghton Mifflin Harcourt's Earnings History.

Houghton Mifflin Harcourt is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Houghton Mifflin Harcourt.

3 analysts have issued 1 year price objectives for Houghton Mifflin Harcourt's shares. Their forecasts range from $6.50 to $8.00. On average, they expect Houghton Mifflin Harcourt's stock price to reach $7.17 in the next twelve months. This suggests a possible upside of 31.0% 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 articles about HMHC stock have been trending negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Houghton Mifflin Harcourt earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent press 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.

Some companies that are related to Houghton Mifflin Harcourt include Pearson (PSO), John Wiley & Sons (JW.B), JOHN WILEY & SONS -CL A (JW.A), 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), IBM (IBM), Pearson (PSO), Centurylink (CTL), Advanced Micro Devices (AMD), CBL & Associates Properties (CBL), General Electric (GE), Cypress Semiconductor (CY) and AVX (AVX).

Houghton Mifflin Harcourt's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (6.94%), State Street Corp (1.77%), Bank of New York Mellon Corp (1.63%), Peregrine Capital Management LLC (1.26%), Charles Schwab Investment Management Inc. (1.20%) and Geode Capital Management LLC (1.16%). 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 Jennison Associates LLC, Alliancebernstein L.P., IndexIQ Advisors LLC, Peregrine Capital Management LLC, Citigroup Inc., Bank of America Corp DE, New York State Common Retirement Fund and Stone Ridge Asset Management LLC. View Insider Buying and Selling for Houghton Mifflin Harcourt.

HMHC stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Jacobs Levy Equity Management Inc., Contrarian Capital Management L.L.C., Goldman Sachs Group Inc., Marshall Wace North America L.P., Marshall Wace LLP, Engine Capital Management LP and UBS Group AG. 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 $5.47.

Houghton Mifflin Harcourt has a market capitalization of $680.09 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]