Headlines about Houghton Mifflin Harcourt (NASDAQ:HMHC) have been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Houghton Mifflin Harcourt earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 47.2170413245224 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s analysis:
A number of equities research analysts recently issued reports on the company. BidaskClub raised Houghton Mifflin Harcourt from a “strong sell” rating to a “sell” rating in a research note on Wednesday. Zacks Investment Research lowered Houghton Mifflin Harcourt from a “buy” rating to a “hold” rating in a research note on Tuesday, February 27th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $8.00 target price (down previously from $11.00) on shares of Houghton Mifflin Harcourt in a research note on Friday, February 23rd. Finally, ValuEngine lowered Houghton Mifflin Harcourt from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $11.50.
Shares of Houghton Mifflin Harcourt (NASDAQ:HMHC) traded up $0.07 during trading on Wednesday, hitting $7.37. The company’s stock had a trading volume of 20,743 shares, compared to its average volume of 771,762. Houghton Mifflin Harcourt has a one year low of $6.45 and a one year high of $13.95. The stock has a market cap of $888.70, a price-to-earnings ratio of -8.75 and a beta of 0.64. The company has a current ratio of 1.23, a quick ratio of 0.93 and a debt-to-equity ratio of 0.96.
Houghton Mifflin Harcourt (NASDAQ:HMHC) last issued its quarterly earnings results on Thursday, February 22nd. The business services provider reported ($0.70) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.92) by $0.22. Houghton Mifflin Harcourt had a negative return on equity of 18.00% and a negative net margin of 7.34%. The company had revenue of $261.00 million for the quarter, compared to analyst estimates of $248.33 million. During the same quarter in the prior year, the company posted ($1.48) EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. analysts forecast that Houghton Mifflin Harcourt will post -0.93 EPS for the current fiscal year.
About Houghton Mifflin Harcourt
Houghton Mifflin Harcourt Company (HMH) is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing. As of December 31, 2016, the Company delivered content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world.