Houlihan Lokey - HLI Stock Forecast, Price & News

Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory. The Corporate Finance segment offers general financial advisory services; and advises public and private institutions on buy-side and sell-side transactions, leveraged loans, private mezzanine debt, high-yield debt, initial public offerings, follow-ons, convertibles, equity private placements, private equity, and liability management transactions, as well as financial sponsors on various transactions. It also provides financing solutions and capital-raising advisory services for publicly-held and multinational corporations, financial sponsors, and privately-held companies. The Financial Restructuring segment advises debtors, creditors, and other parties-in-interest related to recapitalization/deleveraging transactions. It also provides a range of advisory services, including structuring, negotiation, and confirmation of plans of reorganization; structuring and analysis of exchange offers; corporate viability assessment; dispute resolution and expert testimony; and procuring debtor-in-possession financing. The Financial and Valuation Advisory segment offers valuations of various assets, such as companies, illiquid debt and equity securities, and intellectual property. It also provides fairness opinions in connection with M&A and other transactions, and solvency opinions in connection with corporate spin-offs and dividend recapitalizations; and other types of financial opinions. In addition, this segment offers dispute resolution services. It serves corporations, financial sponsors, and government agencies. The company was incorporated in 1972 and is headquartered in Los Angeles, California.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Morgan Stanley raised shares of Houlihan Lokey from an "underweight" rating to an "equal weight" rating and lowered their target price for the company from $95.00 to $82.00 in a report on Monday, July 18th. UBS Group dropped their price objective on Houlihan Lokey from $105.00 to $102.00 and set a "buy" rating on the stock in a report on Friday, July 29th. StockNews.com downgraded Houlihan Lokey from a "buy" rating to a "hold" rating in a research note on Thursday, May 19th. Piper Sandler decreased their price target on Houlihan Lokey from $80.00 to $78.00 and set an "underweight" rating on the stock in a research report on Friday, July 8th. Finally, The Goldman Sachs Group cut their price objective on shares of Houlihan Lokey from $106.00 to $95.00 and set a "buy" rating for the company in a research report on Monday, May 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $93.40.

Houlihan Lokey Trading Up 0.2 %

Shares of HLI traded up $0.19 during trading hours on Friday, reaching $87.12. 4,561 shares of the company's stock traded hands, compared to its average volume of 245,478. Houlihan Lokey has a 12 month low of $74.23 and a 12 month high of $122.62. The stock has a market cap of $5.80 billion, a PE ratio of 14.04 and a beta of 0.67. The firm's 50 day simple moving average is $81.23 and its 200-day simple moving average is $89.07.

Houlihan Lokey (NYSE:HLI - Get Rating) last announced its earnings results on Thursday, May 12th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.20. The business had revenue of $471.17 million during the quarter, compared to analyst estimates of $420.62 million. Houlihan Lokey had a net margin of 18.25% and a return on equity of 32.86%. As a group, analysts expect that Houlihan Lokey will post 5.05 earnings per share for the current fiscal year.

Houlihan Lokey Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Friday, September 2nd will be given a $0.53 dividend. The ex-dividend date is Thursday, September 1st. This represents a $2.12 annualized dividend and a yield of 2.43%. Houlihan Lokey's dividend payout ratio (DPR) is presently 34.25%.