Houghton Mifflin Harcourt (HMHC) Getting Somewhat Favorable Media Coverage, Analysis Shows

News articles about Houghton Mifflin Harcourt (NASDAQ:HMHC) have been trending somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Houghton Mifflin Harcourt earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 46.1041040987309 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Houghton Mifflin Harcourt (NASDAQ HMHC) opened at $9.15 on Tuesday. Houghton Mifflin Harcourt has a 52-week low of $8.05 and a 52-week high of $13.95. The stock has a market capitalization of $1,130.00, a P/E ratio of -4.34 and a beta of 0.59. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.38 and a quick ratio of 1.10.

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

HMHC has been the subject of a number of recent analyst reports. Zacks Investment Research lowered Houghton Mifflin Harcourt from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Morgan Stanley lowered their price target on Houghton Mifflin Harcourt from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Monday, October 23rd. ValuEngine raised Houghton Mifflin Harcourt from a “strong sell” rating to a “sell” rating in a research report on Saturday, November 4th. Citigroup lowered their price target on Houghton Mifflin Harcourt from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, November 3rd. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $14.00 price target on shares of Houghton Mifflin Harcourt in a research report on Friday, November 3rd. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $13.08.

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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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