Hamilton Lane Inc (NASDAQ: HLNE) has a price-to-earnings ratio that is above its average at 37.58x. The stock has a 36-month beta value of 1.20. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for HLNE is 35.90M, and at present, short sellers hold a 2.20% of that float. On September 20, 2024, the average trading volume of HLNE was 337.13K shares.
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HLNE) stock’s latest price update
Hamilton Lane Inc (NASDAQ: HLNE) has seen a rise in its stock price by 1.66 in relation to its previous close of 158.62. However, the company has experienced a 7.50% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-16 that BOULDER, Colo., Sept. 16, 2024 /PRNewswire/ — VFN Holdings, Inc. (Vero Networks, or Vero), a leading fiber infrastructure operator and broadband internet provider, is pleased to announce the successful completion of $80 million in preferred equity financing.
HLNE’s Market Performance
Hamilton Lane Inc (HLNE) has seen a 7.50% rise in stock performance for the week, with a 12.92% gain in the past month and a 36.81% surge in the past quarter. The volatility ratio for the week is 3.09%, and the volatility levels for the past 30 days are at 2.94% for HLNE. The simple moving average for the past 20 days is 6.96% for HLNE’s stock, with a 32.45% simple moving average for the past 200 days.
Analysts’ Opinion of HLNE
Many brokerage firms have already submitted their reports for HLNE stocks, with Wells Fargo repeating the rating for HLNE by listing it as a “Equal Weight.” The predicted price for HLNE in the upcoming period, according to Wells Fargo is $156 based on the research report published on September 12, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see HLNE reach a price target of $115. The rating they have provided for HLNE stocks is “Neutral” according to the report published on April 11th, 2024.
HLNE Trading at 12.21% from the 50-Day Moving Average
After a stumble in the market that brought HLNE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.85% of loss for the given period.
Volatility was left at 2.94%, however, over the last 30 days, the volatility rate increased by 3.09%, as shares surge +11.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.88% upper at present.
During the last 5 trading sessions, HLNE rose by +7.50%, which changed the moving average for the period of 200-days by +63.44% in comparison to the 20-day moving average, which settled at $151.56. In addition, Hamilton Lane Inc saw 42.15% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HLNE starting from Oakville Number 2 Trust, who sale 55,000 shares at the price of $108.00 back on Mar 07 ’24. After this action, Oakville Number 2 Trust now owns 480,015 shares of Hamilton Lane Inc, valued at $5,940,000 using the latest closing price.
Stock Fundamentals for HLNE
Current profitability levels for the company are sitting at:
- 0.4 for the present operating margin
- 0.68 for the gross margin
The net margin for Hamilton Lane Inc stands at 0.27. The total capital return value is set at 0.22. Equity return is now at value 33.73, with 13.13 for asset returns.
Based on Hamilton Lane Inc (HLNE), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.75. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is 43.45.
Currently, EBITDA for the company is 248.95 million with net debt to EBITDA at 0.4. When we switch over and look at the enterprise to sales, we see a ratio of 14.14. The receivables turnover for the company is 4.03for trailing twelve months and the total asset turnover is 0.46.
Conclusion
To sum up, Hamilton Lane Inc (HLNE) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
