Somewhat Positive Press Coverage Somewhat Unlikely to Affect Harsco Corporation (HSC) Stock Price

News coverage about Harsco Corporation (NYSE:HSC) has trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Harsco Corporation earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.8428387256909 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

A number of research firms have recently weighed in on HSC. Jefferies Group LLC reissued a “buy” rating and set a $19.00 price target (up previously from $18.00) on shares of Harsco Corporation in a research report on Wednesday, August 9th. BidaskClub downgraded shares of Harsco Corporation from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Zacks Investment Research raised shares of Harsco Corporation from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Tuesday, August 8th. Lake Street Capital reissued a “buy” rating on shares of Harsco Corporation in a research report on Friday, August 4th. Finally, Argus raised shares of Harsco Corporation from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Friday, September 15th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. Harsco Corporation has a consensus rating of “Buy” and a consensus price target of $20.00.

Shares of Harsco Corporation (NYSE:HSC) traded down $0.45 on Wednesday, reaching $17.50. The company had a trading volume of 495,583 shares, compared to its average volume of 521,073. Harsco Corporation has a 52-week low of $11.40 and a 52-week high of $22.00. The company has a market capitalization of $1,367.56, a PE ratio of 24.64 and a beta of 3.18. The company has a debt-to-equity ratio of 2.87, a current ratio of 1.30 and a quick ratio of 0.83.

Harsco Corporation (NYSE:HSC) last announced its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.04. Harsco Corporation had a return on equity of 32.46% and a net margin of 1.69%. The firm had revenue of $384.65 million for the quarter, compared to analysts’ expectations of $398.85 million. During the same period last year, the business posted $0.14 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. sell-side analysts predict that Harsco Corporation will post 0.68 EPS for the current year.

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About Harsco Corporation

Harsco Corporation is a provider of industrial services and engineered products. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. The Harsco Metals & Minerals segment provides outsourced on-site services to the global metals industry, with the operations focused in the United States, the United Kingdom, France and Brazil.

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