Houlihan Lokey (HLI) Getting Somewhat Favorable Press Coverage, Study Shows

News coverage about Houlihan Lokey (NYSE:HLI) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Houlihan Lokey earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.0164436984737 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Houlihan Lokey (NYSE HLI) opened at $49.62 on Friday. Houlihan Lokey has a 52 week low of $29.51 and a 52 week high of $49.63. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.92 and a current ratio of 0.92. The firm has a market cap of $3,210.00 and a price-to-earnings ratio of 23.52.

Houlihan Lokey (NYSE:HLI) last posted its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.15. Houlihan Lokey had a net margin of 14.58% and a return on equity of 19.71%. The firm had revenue of $242.20 million for the quarter, compared to the consensus estimate of $207.72 million. During the same quarter in the previous year, the company earned $0.37 earnings per share. The business’s revenue was up 29.9% compared to the same quarter last year. equities analysts forecast that Houlihan Lokey will post 2.1 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Monday, December 4th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, December 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.61%. Houlihan Lokey’s payout ratio is presently 37.91%.

A number of equities research analysts have weighed in on HLI shares. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $49.00 price target on shares of Houlihan Lokey in a research note on Friday, December 22nd. Zacks Investment Research downgraded shares of Houlihan Lokey from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Bank of America lifted their price target on shares of Houlihan Lokey from $40.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. UBS Group lifted their price target on shares of Houlihan Lokey from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Finally, ValuEngine upgraded shares of Houlihan Lokey from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $45.50.

In other Houlihan Lokey news, CEO Scott L. Beiser sold 4,550 shares of Houlihan Lokey stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $41.63, for a total transaction of $189,416.50. Following the completion of the transaction, the chief executive officer now directly owns 4,550 shares of the company’s stock, valued at $189,416.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Scott L. Beiser sold 63,688 shares of Houlihan Lokey stock in a transaction on Monday, October 30th. The shares were sold at an average price of $41.63, for a total value of $2,651,331.44. Following the transaction, the chief executive officer now directly owns 78,108 shares of the company’s stock, valued at $3,251,636.04. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,120,627 shares of company stock valued at $88,281,702. Company insiders own 69.70% of the company’s stock.

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Houlihan Lokey Company Profile

Houlihan Lokey, Inc is a global independent investment bank that focuses on mergers and acquisitions (M&A), capital markets, financial restructuring, valuation, and strategic consulting. The Company operates through four segments: Corporate Finance, Financial Restructuring, Financial Advisory Services and Strategic Consulting.

Insider Buying and Selling by Quarter for Houlihan Lokey (NYSE:HLI)

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