News articles about Houlihan Lokey (NYSE:HLI) have trended positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Houlihan Lokey earned a news impact score of 0.37 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- 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)
A number of equities analysts have recently commented on HLI shares. Zacks Investment Research lowered shares of Houlihan Lokey from a “buy” rating to a “hold” rating in a report on Wednesday, April 5th. JMP Securities reiterated an “outperform” rating and set a $36.00 price target (up previously from $34.00) on shares of Houlihan Lokey in a report on Friday, April 7th. Bank of America Corporation lowered shares of Houlihan Lokey from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $36.00 to $38.00 in a report on Thursday, May 11th. They noted that the move was a valuation call. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $38.00 price target on shares of Houlihan Lokey in a report on Wednesday, June 14th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $36.00.
Houlihan Lokey (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’s 50 day moving average is $34.24 and its 200-day moving average is $32.72. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 22.45 and a beta of 0.30.
Houlihan Lokey (NYSE:HLI) last announced its quarterly earnings data on Tuesday, May 9th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.14. Houlihan Lokey had a net margin of 12.42% and a return on equity of 17.83%. The company had revenue of $257.10 million during the quarter, compared to analysts’ expectations of $207.02 million. During the same quarter in the prior year, the company earned $0.43 EPS. The firm’s revenue was up 40.0% on a year-over-year basis. On average, equities research analysts expect that Houlihan Lokey will post $1.95 earnings per share for the current fiscal year.
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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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