Press coverage about Houlihan Lokey (NYSE:HLI) has been trending positive on Monday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Houlihan Lokey earned a coverage optimism score of 0.37 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Houlihan Lokey, Inc. Class A (NYSE:HLI) Closed 8.0% Above Its 50 Day Average (highlightpress.com)
- Uptrend Call Working As Houlihan Lokey I Stock Rises 44.8% (HLI) (mysmartrend.com)
- Houlihan Lokey, Inc. Class A (NYSE:HLI) Traded 7.4% Above Its 50 Day Moving Average (highlightpress.com)
- $0.37 EPS Expected for Houlihan Lokey, Inc. (HLI) This Quarter (americanbankingnews.com)
- Houlihan Lokey, Inc. Class A (NYSE:HLI) Sees Unusual Trading Volume in Its Shares (highlightpress.com)
Houlihan Lokey (NYSE HLI) opened at 36.59 on Monday. Houlihan Lokey has a one year low of $22.61 and a one year high of $37.25. The stock has a 50 day moving average price of $34.24 and a 200 day moving average price of $32.72. The firm has a market capitalization of $2.46 billion, a P/E ratio of 22.45 and a beta of 0.30.
Houlihan Lokey (NYSE:HLI) last posted its quarterly earnings results on Tuesday, May 9th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.14. The business had revenue of $257.10 million for the quarter, compared to analyst estimates of $207.02 million. Houlihan Lokey had a net margin of 12.42% and a return on equity of 17.83%. The firm’s revenue for the quarter was up 40.0% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. On average, equities analysts predict that Houlihan Lokey will post $1.95 EPS for the current fiscal year.
A number of equities research analysts have weighed in on HLI shares. Zacks Investment Research raised Houlihan Lokey from a “sell” rating to a “hold” rating in a report on Monday, July 3rd. Bank of America Corporation downgraded Houlihan Lokey from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $36.00 to $38.00 in a report on Thursday, May 11th. They noted that the move was a valuation call. JMP Securities reissued an “outperform” rating and issued a $36.00 target price (up from $34.00) on shares of Houlihan Lokey in a report on Friday, April 7th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $38.00 target price on shares of Houlihan Lokey in a report on Wednesday, June 14th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $36.00.
About Houlihan Lokey
Houlihan Lokey, Inc is a global independent investment bank that focuses on mergers and acquisitions (M&A), financings, financial restructurings and financial advisory services. The Company operates through three segments: Corporate Finance, Financial Restructuring and Financial Advisory Services. The Company serves a set of clients across the world, including corporations, financial sponsors and government agencies.
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