Hamilton Lane (NASDAQ:HLNE) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, February 6th. Analysts expect the company to announce earnings of $0.29 per share for the quarter.
Hamilton Lane (NASDAQ:HLNE) last released its earnings results on Tuesday, November 7th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.01. The business had revenue of $51.20 million for the quarter, compared to the consensus estimate of $48.64 million. The business’s revenue was up 5.1% compared to the same quarter last year. On average, analysts expect Hamilton Lane to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Hamilton Lane (HLNE) opened at $36.78 on Monday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.08 and a quick ratio of 1.08. Hamilton Lane has a 12 month low of $17.32 and a 12 month high of $40.43.
Separately, Morgan Stanley upped their target price on Hamilton Lane from $28.00 to $29.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 8th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Hamilton Lane currently has a consensus rating of “Hold” and an average price target of $24.00.
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Hamilton Lane Company Profile
Hamilton Lane Incorporated is a global private markets investment solutions provider. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world.
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