NYSE:HCHC - HC2 Stock Price, News, & Analysis

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$5.87 -0.01 (-0.17 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$5.87
Today's Range$5.82 - $5.93
52-Week Range$4.78 - $7.79
Volume72,148 shs
Average Volume194,731 shs
Market Capitalization$263.78 million
P/E Ratio-5.91
Dividend YieldN/A
Beta0.97
HC2 logoHC2 Holdings, Inc. engages in the construction, marine services, energy, telecommunications, insurance, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants. It also fabricates trusses and girders; and fabricates and erects water pipes, water storage tanks, pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. In addition, the company provides subsea cable installation and maintenance services for the telecommunications sector; installation, maintenance, and repair services for fiber optic communication and power infrastructure to offshore platforms; and installation services for power cables for use in offshore wind farms and in the offshore wind market. Further, it distributes natural gas motor fuels; acquires, owns, designs, builds, operates, and maintains compressed natural gas fueling stations for transportation vehicles; and offers voice communication services for national telecommunications, mobile, prepaid, and voice over Internet protocol service operators, as well as wholesale carriers and Internet service providers. Additionally, the company provides long-term care, life, and annuity insurance products to individuals. It also focuses on developing products to treat early osteoarthritis of the knee and solid tumors; develops skin lightening technology; owns licenses to create and distribute NASCAR video games; and acquires broadcast assets. The company was formerly known as PTGi Holding Inc. and changed its name to HC2 Holdings, Inc. in April 2014. HC2 Holdings, Inc. was founded in 1994 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fabricated structural metal products
Sub-IndustryN/A
SectorMulti-Sector Conglomerates
SymbolNYSE:HCHC
CUSIPN/A
Phone212-235-2690

Debt

Debt-to-Equity Ratio4.16
Current Ratio1.55
Quick Ratio1.55

Price-To-Earnings

Trailing P/E Ratio-5.91
Forward P/E Ratio-2.64
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.63 billion
Price / Sales0.16
Cash Flow$0.2609 per share
Price / Cash22.50
Book Value$4.37 per share
Price / Book1.34

Profitability

EPS (Most Recent Fiscal Year)($0.99)
Net Income$-46,910,000.00
Net Margins0.32%
Return on Equity-51.25%
Return on Assets-2.25%

Miscellaneous

Employees3,358
Outstanding Shares44,710,000
Market Cap$263.78 million

HC2 (NYSE:HCHC) Frequently Asked Questions

What is HC2's stock symbol?

HC2 trades on the New York Stock Exchange (NYSE) under the ticker symbol "HCHC."

How were HC2's earnings last quarter?

HC2 Holdings Inc (NYSE:HCHC) announced its quarterly earnings data on Wednesday, August, 8th. The technology company reported ($0.69) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.45) by $0.24. The technology company earned $496.78 million during the quarter, compared to analyst estimates of $454.23 million. HC2 had a net margin of 0.32% and a negative return on equity of 51.25%. View HC2's Earnings History.

When is HC2's next earnings date?

HC2 is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for HC2.

What price target have analysts set for HCHC?

1 Wall Street analysts have issued twelve-month price objectives for HC2's shares. Their predictions range from $13.50 to $13.50. On average, they expect HC2's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 130.0% from the stock's current price. View Analyst Price Targets for HC2.

What is the consensus analysts' recommendation for HC2?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HC2 in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for HC2.

What are Wall Street analysts saying about HC2 stock?

Here are some recent quotes from research analysts about HC2 stock:
  • 1. According to Zacks Investment Research, "HC2 Holdings, Inc. is a holding company which seeks to acquire and grow attractive businesses. The company's operating segments consists of Manufacturing, Marine Services, Insurance, Utilities, Telecommunications, Life Sciences and Other. Its operating subsidiaries consists of Schuff International Inc., is a steel fabricator and erector primarily in the United States and Global Marine Systems Limited, provider of engineering and underwater services on submarine cables. HC2 Holdings, Inc. is headquartered in New York. " (7/12/2018)
  • 2. B. Riley analysts commented, "We believe the acquisition is additive to HCHC’s marine services portfolio of assets and services, as the acquired trenching and cable lay assets/capabilities could further bolster this segment’s ability to bid for, secure, and perform additional projects of work." (10/12/2017)

Who are some of HC2's key competitors?

Who are HC2's key executives?

HC2's management team includes the folowing people:
  • Mr. Philip Alan Falcone, Chairman, Pres & CEO (Age 56)
  • Mr. Michael J. Sena, Chief Financial Officer (Age 45)
  • Mr. Andrew G. Backman, Managing Director of Investor Relations and PR (Age 50)
  • Mr. Joseph A. Ferraro J.D., Chief Legal Officer & Corp. Sec. (Age 40)
  • Mr. Paul L. Robinson, Consultant (Age 51)

Has HC2 been receiving favorable news coverage?

Media headlines about HCHC stock have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HC2 earned a news and rumor sentiment score of 0.18 on Accern's scale. They also gave news headlines about the technology company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for HC2.

Who are HC2's major shareholders?

HC2's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mittleman Brothers LLC (6.93%), BlackRock Inc. (5.04%), B. Riley Financial Inc. (4.04%), Putnam Investments LLC (3.38%), Northern Trust Corp (1.04%) and Renaissance Technologies LLC (0.98%). Company insiders that own HC2 stock include Michael J Sena, Paul Voigt, Philip Falcone, Robert V Leffler Jr, Suzi R Herbst, Warren H Gfeller and Wayne Barr Jr. View Institutional Ownership Trends for HC2.

Which institutional investors are selling HC2 stock?

HCHC stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Mittleman Brothers LLC, Bank of America Corp DE and California Public Employees Retirement System. Company insiders that have sold HC2 company stock in the last year include Robert V Leffler Jr and Suzi R Herbst. View Insider Buying and Selling for HC2.

Which institutional investors are buying HC2 stock?

HCHC stock was acquired by a variety of institutional investors in the last quarter, including B. Riley Financial Inc., BlackRock Inc., Roumell Asset Management LLC, Millennium Management LLC, Ardsley Advisory Partners, Renaissance Technologies LLC, MYDA Advisors LLC and PEAK6 Investments L.P.. Company insiders that have bought HC2 stock in the last two years include Michael J Sena, Paul Voigt, Philip Falcone, Warren H Gfeller and Wayne Barr Jr. View Insider Buying and Selling for HC2.

How do I buy shares of HC2?

Shares of HCHC 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, Scottrade, Fidelity and Charles Schwab.

What is HC2's stock price today?

One share of HCHC stock can currently be purchased for approximately $5.87.

How big of a company is HC2?

HC2 has a market capitalization of $263.78 million and generates $1.63 billion in revenue each year. The technology company earns $-46,910,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis. HC2 employs 3,358 workers across the globe.

How can I contact HC2?

HC2's mailing address is 450 PARK AVENUE 30TH FLOOR, NEW YORK NY, 10022. The technology company can be reached via phone at 212-235-2690 or via email at [email protected]


MarketBeat Community Rating for HC2 (NYSE HCHC)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  168 (Vote Outperform)
Underperform Votes:  125 (Vote Underperform)
Total Votes:  293
MarketBeat's community ratings are surveys of what our community members think about HC2 and other stocks. Vote "Outperform" if you believe HCHC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HCHC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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