Houghton Mifflin Harcourt Company (NASDAQ:HMHC) went up by 7.06% from its latest closing price compared to the recent 1-year high of $11.48. The company’s stock price has collected 5.03% of gains in the last five trading sessions. Press Release reported 14 hours ago that Houghton Mifflin Harcourt Appoints Chris Symanoskie as Vice President of Investor Relations
Is It Worth Investing in Houghton Mifflin Harcourt Company (NASDAQ :HMHC) Right Now?
Plus, the 36-month beta value for HMHC is at 1.36. Opinions of the stock are interesting as 0 analysts out of 3 who provided ratings for Houghton Mifflin Harcourt Company declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $10.32, which is -$0.75 below the current price. HMHC currently public float of 126.08M and currently shorts hold a 4.40% ratio of that float. Today, the average trading volume of HMHC was 1.17M shares.
HMHC’s Market Performance
HMHC stocks went up by 5.03% for the week, with a monthly jump of 6.96% and a quarterly performance of 41.92%, while its annual performance rate touched 369.07%. The volatility ratio for the week stands at 5.94% while the volatility levels for the past 30 days are set at 4.84% for Houghton Mifflin Harcourt Company. The simple moving average for the period of the last 20 days is 3.89% for HMHC stocks with a simple moving average of 75.93% for the last 200 days.
Analysts’ Opinion of HMHC
Many brokerage firms have already submitted their reports for HMHC stocks, with Citigroup repeating the rating for HMHC by listing it as a “Neutral.” The predicted price for HMHC in the upcoming period, according to Citigroup is $2.50 based on the research report published on October 05th of the previous year 2020.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see HMHC reach a price target of $3, previously predicting the price at $7. The rating they have provided for HMHC stocks is “Market Perform” according to the report published on April 07th, 2020.
Citigroup gave a rating of “Sell” to HMHC, setting the target price at $1 in the report published on April 03rd of the previous year.
HMHC Trading at 7.66% from the 50-Day Moving Average
After a stumble in the market that brought HMHC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.57% of loss for the given period.
Volatility was left at 4.84%, however, over the last 30 days, the volatility rate increased by 5.94%, as shares surge +0.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.96% upper at present.
During the last 5 trading sessions, HMHC rose by +5.03%, which changed the moving average for the period of 200-days by +450.75% in comparison to the 20-day moving average, which settled at $10.66. In addition, Houghton Mifflin Harcourt Company saw 232.43% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at HMHC starting from DOLAN MICHAEL, who sale 53,743 shares at the price of $9.29 back on May 17. After this action, DOLAN MICHAEL now owns 15,602 shares of Houghton Mifflin Harcourt Company, valued at $499,432 using the latest closing price.
Abbott Joseph Patrick Jr., the EVP, Chief Financial Officer of Houghton Mifflin Harcourt Company, sale 23,186 shares at $6.66 during a trade that took place back on Mar 10, which means that Abbott Joseph Patrick Jr. is holding 153,222 shares at $154,419 based on the most recent closing price.
Stock Fundamentals for HMHC
Current profitability levels for the company are sitting at:
- -11.49 for the present operating margin
- +35.07 for the gross margin
The net margin for Houghton Mifflin Harcourt Company stands at -46.53. The total capital return value is set at -10.57, while invested capital returns managed to touch -43.89. Equity return is now at value -146.40, with -9.00 for asset returns.
Based on Houghton Mifflin Harcourt Company (HMHC), the company’s capital structure generated 868.17 points at debt to equity in total, while total debt to capital is 89.67. Total debt to assets is 38.86, with long-term debt to equity ratio resting at 836.48. Finally, the long-term debt to capital ratio is 86.40.
When we switch over and look at the enterprise to sales, we see a ratio of 0.89, with the company’s debt to enterprise value settled at 0.85. The receivables turnover for the company is 6.10 and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.