Somewhat Positive News Coverage Somewhat Unlikely to Affect Harsco (HSC) Share Price

Media stories about Harsco (NYSE:HSC) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Harsco earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.0794031158225 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Harsco (HSC) opened at $17.60 on Thursday. The stock has a market capitalization of $1,439.95, a price-to-earnings ratio of 25.94 and a beta of 3.09. 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 has a 52-week low of $11.40 and a 52-week high of $22.00.

Harsco (NYSE:HSC) last released 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. The firm had revenue of $384.65 million during the quarter, compared to analysts’ expectations of $398.85 million. Harsco had a return on equity of 32.46% and a net margin of 1.69%. Harsco’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 earnings per share. equities analysts expect that Harsco will post 0.68 EPS for the current fiscal year.

HSC has been the subject of several analyst reports. Argus upgraded Harsco from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Friday, September 15th. Zacks Investment Research upgraded Harsco from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Friday, November 10th. Jefferies Group restated a “buy” rating and set a $19.00 price target (up previously from $18.00) on shares of Harsco in a research note on Wednesday, August 9th. ValuEngine cut Harsco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Finally, BidaskClub cut Harsco from a “hold” rating to a “sell” rating in a research note on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. Harsco has a consensus rating of “Buy” and a consensus target price of $20.00.

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About Harsco

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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