Harsco (NYSE:HSC) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.820-0.960 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.670. The company issued revenue guidance of -.Harsco also updated its FY21 guidance to $0.82 to $0.96 EPS.
Separately, Zacks Investment Research upgraded shares of Harsco from a strong sell rating to a hold rating in a report on Tuesday, April 27th.
Shares of NYSE HSC traded up $0.33 during midday trading on Tuesday, reaching $19.16. The stock had a trading volume of 1,104,676 shares, compared to its average volume of 408,662. The company’s 50 day moving average price is $17.82 and its 200 day moving average price is $17.41. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.19 and a current ratio of 1.51. Harsco has a twelve month low of $7.52 and a twelve month high of $22.18. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 79.83, a price-to-earnings-growth ratio of 2.42 and a beta of 2.43.
In other news, SVP Russell C. Hochman sold 12,260 shares of the firm’s stock in a transaction that occurred on Tuesday, February 23rd. The shares were sold at an average price of $21.00, for a total transaction of $257,460.00. Following the completion of the sale, the senior vice president now owns 39,627 shares of the company’s stock, valued at approximately $832,167. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.81% of the stock is currently owned by insiders.
Harsco Corporation provides industrial services and engineered products worldwide. The company operates in three segments: Harsco Metals & Minerals, Harsco Industrial, and Harsco Rail. The Harsco Metals & Minerals segment provides on-site services of material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; and value added environmental solutions for industrial co-products, as well as produces industrial abrasives and roofing granules.
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