McGraw Hill, Inc. (NYSE:MH) Stock Has Average Price Target of $17.20 According to Analysts

McGraw Hill, Inc. (NYSE:MH) has been given an average recommendation of “Moderate Buy” by the twelve research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, eight have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $17.20.

MH has been the subject of several recent research reports. Weiss Ratings lowered McGraw Hill from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, October 8th. UBS Group raised their price objective on McGraw Hill from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, August 14th. BMO Capital Markets lifted their target price on McGraw Hill from $16.00 to $17.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Needham & Company LLC reiterated a “buy” rating and issued a $19.00 target price on shares of McGraw Hill in a report on Thursday, August 13th. Finally, BTIG Research reiterated a “buy” rating and issued a $17.00 target price on shares of McGraw Hill in a report on Tuesday, September 22nd.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Legal & General Group Plc acquired a new stake in shares of McGraw Hill in the 2nd quarter worth $25,000. PNC Financial Services Group Inc. purchased a new position in McGraw Hill during the 1st quarter worth $68,000. NewEdge Advisors LLC purchased a new position in McGraw Hill during the 1st quarter worth $84,000. Susquehanna International Group LLP acquired a new position in McGraw Hill during the 2nd quarter valued at about $147,000. Finally, State of Wyoming acquired a new position in McGraw Hill during the 2nd quarter valued at about $154,000.

McGraw Hill Stock Performance

Shares of NYSE:MH opened at $14.63 on Friday. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 29.26 and a beta of -0.83. McGraw Hill has a 52 week low of $8.94 and a 52 week high of $18.00. The company has a quick ratio of 0.62, a current ratio of 0.78 and a debt-to-equity ratio of 3.25. The firm has a 50 day moving average of $13.25 and a 200 day moving average of $12.13.

McGraw Hill (NYSE:MH) last announced its earnings results on Thursday, August 13th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.11. McGraw Hill had a return on equity of 62.57% and a net margin of 4.38%. The business had revenue of $549.90 million for the quarter. The firm’s revenue was up 2.7% on a year-over-year basis. On average, sell-side analysts predict that McGraw Hill will post 1.91 earnings per share for the current fiscal year.

About McGraw Hill

McGraw Hill was a diversified information and publishing company that operated across education, financial information and media. Its education business published textbooks, digital learning programs, assessment products and instructional resources for schools, colleges, universities and professional learners.

The company also owned Standard & Poor’s, which provided credit ratings, investment research, financial data and market indexes, including the S&P 500. Through these businesses, McGraw Hill served customers in the United States and international markets.

Founded in 1888 through the combination of publishing ventures established by James H.