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

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$3.3150 +0.02 (+0.61 %)
(As of 12/14/2018 09:32 AM ET)
Previous Close$3.30
Today's Range$3.30 - $3.34
52-Week Range$2.88 - $7.79
Volume28,084 shs
Average Volume704,832 shs
Market Capitalization$145.52 million
P/E Ratio-3.35
Dividend YieldN/A
Beta1.25
HC2 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
Current SymbolNYSE:HCHC
Previous SymbolNASDAQ:HCHC
CUSIPN/A
Phone212-235-2690

Debt

Debt-to-Equity Ratio2.40
Current Ratio3.35
Quick Ratio3.35

Price-To-Earnings

Trailing P/E Ratio-3.35
Forward P/E Ratio1.93
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.63 billion
Price / Sales0.09
Cash Flow$0.2673 per share
Price / Cash Flow12.40
Book Value$4.37 per share
Price / Book0.76

Profitability

EPS (Most Recent Fiscal Year)($0.99)
Net Income$-46,910,000.00
Net Margins8.65%
Return on Equity-24.50%
Return on Assets-1.14%

Miscellaneous

Employees3,358
Outstanding Shares44,780,000
Market Cap$145.52 million
OptionableOptionable

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) posted its quarterly earnings data on Thursday, May, 10th. The technology company reported ($0.81) EPS for the quarter, missing analysts' consensus estimates of ($0.49) by $0.32. The technology company earned $453.69 million during the quarter, compared to analyst estimates of $376.32 million. HC2 had a negative return on equity of 24.50% and a net margin of 8.65%. View HC2's Earnings History.

When is HC2's next earnings date?

HC2 is scheduled to release their next quarterly earnings announcement on Wednesday, March 13th 2019. View Earnings Estimates for HC2.

What price target have analysts set for HCHC?

1 brokerages have issued 12-month target prices for HC2's stock. Their predictions range from $13.50 to $13.50. On average, they expect HC2's share price to reach $13.50 in the next year. This suggests a possible upside of 307.2% 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.

Has HC2 been receiving favorable news coverage?

Media stories about HCHC stock have trended somewhat positive on Friday, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. HC2 earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting HC2?

HC2 saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,779,350 shares, an increase of 88.3% from the October 31st total of 1,475,850 shares. Based on an average daily volume of 820,971 shares, the days-to-cover ratio is presently 3.4 days. Approximately 6.9% of the company's stock are short sold. View HC2's Current Options Chain.

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)

Who are HC2's major shareholders?

HC2's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Mittleman Brothers LLC (6.79%), BlackRock Inc. (5.08%), Vanguard Group Inc. (4.30%), Vanguard Group Inc (4.30%), B. Riley Financial Inc. (3.37%) and JPMorgan Chase & Co. (3.33%). Company insiders that own HC2 stock include Robert V Leffler Jr, Suzi R Herbst and Wayne Barr Jr. View Institutional Ownership Trends for HC2.

Which major investors are selling HC2 stock?

HCHC stock was sold by a variety of institutional investors in the last quarter, including B. Riley Financial Inc., Bridgeway Capital Management Inc. and Mittleman Brothers LLC. View Insider Buying and Selling for HC2.

Which major investors are buying HC2 stock?

HCHC stock was bought by a variety of institutional investors in the last quarter, including Canton Hathaway LLC, Ancora Advisors LLC, Renaissance Technologies LLC, Wealthstreet Investment Advisors LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Strs Ohio and BlackRock Inc.. 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 $3.3150.

How big of a company is HC2?

HC2 has a market capitalization of $145.52 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.

What is HC2's official website?

The official website for HC2 is http://www.hc2.com.

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:  2.7 out of 5 (star star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  335
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 12/14/2018 by MarketBeat.com Staff

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