Monday, November 23, 2020

Houghton Mifflin Harcourt Company [HMHC] is -66.16% lower this YTD. Is it still time to buy?

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Houghton Mifflin Harcourt Company [NASDAQ: HMHC] loss -16.40% on the last trading session, reaching $2.12 price per share at the time. Houghton Mifflin Harcourt Company represents 124.69 million in outstanding shares, while the company has a total market value of $209.28 million with the latest information. HMHC stock price has been found in the range of $2.10 to $2.50.

If compared to the average trading volume of 1.26M shares, HMHC reached a trading volume of 1458635 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here is what top equities market gurus are saying about Houghton Mifflin Harcourt Company [HMHC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HMHC shares is $2.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HMHC stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BMO Capital Markets have made an estimate for Houghton Mifflin Harcourt Company shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on April 07, 2020. While these analysts kept the previous recommendation, Citigroup dropped their target price from $7.50 to $1. The new note on the price target was released on April 03, 2020, representing the official price target for Houghton Mifflin Harcourt Company stock. On August 03, 2018, analysts decreased their price target for HMHC shares from 8 to 7.50.

The Average True Range (ATR) for Houghton Mifflin Harcourt Company is set at 0.31, with the Price to Sales ratio for HMHC stock in the period of the last 12 months amounting to 0.15. The Price to Book ratio for the last quarter was 1.18. Price to Free Cash Flow for HMHC in the course of the last twelve months was 0.89 with Quick ratio for the last quarter at 0.70.

Trading performance analysis for HMHC stock

Houghton Mifflin Harcourt Company [HMHC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.36. With this latest performance, HMHC shares gained by 70.56% in over the last four-week period, additionally sinking by -61.96% over the last 6 months – not to mention a drop of -59.87% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HMHC stock in for the last two-week period is set at 56.99, with the RSI for the last a single of trading hit 54.98, and the three-weeks RSI is set at 53.40 for Houghton Mifflin Harcourt Company [HMHC]. The present Moving Average for the last 50 days of trading for this stock 1.52, while it was recorded at 2.41 for the last single week of trading, and 4.53 for the last 200 days.

Houghton Mifflin Harcourt Company [HMHC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Houghton Mifflin Harcourt Company [HMHC] shares currently have an operating margin of -10.33 and a Gross Margin at +37.48. Houghton Mifflin Harcourt Company’s Net Margin is presently recorded at -15.38.

Return on Total Capital for HMHC is now -9.91, given the latest momentum, and Return on Invested Capital for the company is -14.93. Return on Equity for this stock declined to -32.04, with Return on Assets sitting at -8.54. When it comes to the capital structure of this company, Houghton Mifflin Harcourt Company [HMHC] has a Total Debt to Total Equity ratio set at 141.41. Additionally, HMHC Total Debt to Total Capital is recorded at 58.58, with Total Debt to Total Assets ending up at 31.87. Long-Term Debt to Equity for the company is recorded at 136.52, with the Long-Term Debt to Total Capital now at 56.55.

Reflecting on the efficiency of the workforce at the company, Houghton Mifflin Harcourt Company [HMHC] managed to generate an average of -$62,892 per employee. Receivables Turnover for the company is 7.17 with a Total Asset Turnover recorded at a value of 0.56.Houghton Mifflin Harcourt Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.10.

Houghton Mifflin Harcourt Company [HMHC]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Houghton Mifflin Harcourt Company posted -0.33/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -725.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HMHC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Houghton Mifflin Harcourt Company go to 5.00%.

An analysis of insider ownership at Houghton Mifflin Harcourt Company [HMHC]

There are presently around $309 million, or 98.50% of HMHC stock, in the hands of institutional investors. The top three institutional holders of HMHC stocks are: ANCHORAGE CAPITAL GROUP, L.L.C. with ownership of 19,465,570, which is approximately 0% of the company’s market cap and around 0.70% of the total institutional ownership; WELLINGTON MANAGEMENT GROUP LLP, holding 15,361,964 shares of the stock with an approximate value of $38.87 million in HMHC stocks shares; and VANGUARD GROUP INC, currently with $24.29 million in HMHC stock with ownership of nearly 1.592% of the company’s market capitalization.

Positions in Houghton Mifflin Harcourt Company stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 66 institutional holders increased their position in Houghton Mifflin Harcourt Company [NASDAQ:HMHC] by around 4,779,270 shares. Additionally, 58 investors decreased positions by around 6,192,557 shares, while 12 investors held positions by with 111,101,531 shares. The mentioned changes placed institutional holdings at 122,073,358 shares, according to the latest SEC report filing. HMHC stock had 19 new institutional investments in for a total of 1,367,477 shares, while 19 institutional investors sold positions of 2,056,963 shares during the same period.

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