Somewhat Positive Media Coverage Somewhat Unlikely to Impact Houghton Mifflin Harcourt (NASDAQ:HMHC) Share Price

News articles about Houghton Mifflin Harcourt (NASDAQ:HMHC) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Houghton Mifflin Harcourt earned a news impact score of 0.15 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 46.7564403617611 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several equities analysts recently weighed in on HMHC shares. Citigroup dropped their price target on shares of Houghton Mifflin Harcourt from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, November 3rd. Morgan Stanley decreased their price objective on shares of Houghton Mifflin Harcourt from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Monday, October 23rd. Piper Jaffray Companies restated a “hold” rating and set a $14.00 price target on shares of Houghton Mifflin Harcourt in a research note on Friday, November 3rd. Stifel Nicolaus restated a “hold” rating and set a $12.50 price target on shares of Houghton Mifflin Harcourt in a research note on Thursday, September 21st. Finally, BMO Capital Markets restated a “hold” rating and set a $13.00 price target on shares of Houghton Mifflin Harcourt in a research note on Monday, September 18th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $13.08.

Houghton Mifflin Harcourt (NASDAQ:HMHC) opened at $9.70 on Wednesday. The company has a quick ratio of 1.10, a current ratio of 1.38 and a debt-to-equity ratio of 0.94. Houghton Mifflin Harcourt has a fifty-two week low of $8.05 and a fifty-two week high of $13.95.

Houghton Mifflin Harcourt (NASDAQ:HMHC) last posted its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.19. Houghton Mifflin Harcourt had a negative net margin of 18.59% and a negative return on equity of 17.37%. The company had revenue of $532.00 million during the quarter, compared to the consensus estimate of $528.40 million. During the same period in the previous year, the firm posted $0.73 EPS. The firm’s revenue was down .2% compared to the same quarter last year. analysts forecast that Houghton Mifflin Harcourt will post -1.67 EPS for the current fiscal year.

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About Houghton Mifflin Harcourt

Houghton Mifflin Harcourt Company (HMH) is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing. As of December 31, 2016, the Company delivered content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world.

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