News coverage about Harsco Corporation (NYSE:HSC) has been trending somewhat positive on Friday, Accern Sentiment reports. The research firm 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 closest to one being the most favorable. Harsco Corporation earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.4693751169006 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Harsco Corp. breached its 50 day moving average in a Bearish Manner : HSC-US : August 16, 2017 (finance.yahoo.com)
- Harsco Corp Shares Up 19.9% Since SmarTrend’s Buy Recommendation (HSC) (mysmartrend.com)
- Tiaa Cref Investment Management LLC Raises Its Ownership in Harsco Corporation (HSC) Stock Last Quarter - Modern Readers (modernreaders.com)
- Plexus Corp. (NasdaqGS:PLXS) and Harsco Corporation (NYSE:HSC): How Do These Stocks Rank Value-Wise? - Evergreen Caller (evergreencaller.com)
- Tiaa Cref Investment Management LLC Adjusts Its Stake in Harsco Corporation (HSC) Stock Last Quarter - Modern Readers (modernreaders.com)
Several equities research analysts have weighed in on the company. Zacks Investment Research upgraded Harsco Corporation from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a report on Tuesday, August 8th. Lake Street Capital restated a “buy” rating on shares of Harsco Corporation in a report on Friday, August 4th. Jefferies Group LLC restated a “buy” rating and set a $19.00 price target (up previously from $18.00) on shares of Harsco Corporation in a report on Wednesday, August 9th. BidaskClub downgraded Harsco Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Finally, KeyCorp reiterated an “overweight” rating and issued a $19.00 price objective (up previously from $17.50) on shares of Harsco Corporation in a report on Monday, June 26th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Harsco Corporation has a consensus rating of “Buy” and an average price target of $18.50.
Harsco Corporation (NYSE:HSC) opened at 15.90 on Friday. Harsco Corporation has a 12-month low of $8.52 and a 12-month high of $17.80. The stock has a 50 day moving average price of $16.13 and a 200-day moving average price of $14.45. The stock’s market cap is $1.28 billion.
Harsco Corporation (NYSE:HSC) last released its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.05. Harsco Corporation had a positive return on equity of 26.28% and a negative net margin of 1.38%. The business had revenue of $394.89 million for the quarter, compared to analysts’ expectations of $384.40 million. During the same quarter in the previous year, the firm posted $0.15 earnings per share. The company’s revenue was up 6.7% compared to the same quarter last year. On average, equities analysts expect that Harsco Corporation will post $0.64 earnings per share 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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