Harsco (HSC) Receives Coverage Optimism Score of 0.20

News articles about Harsco (NYSE:HSC) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Harsco earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 47.7087880494501 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Several brokerages have commented on HSC. Lake Street Capital reaffirmed a “buy” rating and issued a $30.00 price target (up from $26.00) on shares of Harsco in a research report on Friday, February 23rd. Zacks Investment Research raised Harsco from a “hold” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research report on Tuesday, January 23rd. KeyCorp reaffirmed a “buy” rating and issued a $25.00 price target (up from $23.00) on shares of Harsco in a research report on Tuesday, February 27th. Alembic Global Advisors reissued a “buy” rating on shares of Harsco in a report on Friday, February 23rd. Finally, Argus lifted their price objective on Harsco to $24.00 and gave the stock a “buy” rating in a report on Thursday, January 11th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Harsco presently has a consensus rating of “Buy” and an average price target of $24.00.

Shares of Harsco (HSC) opened at $20.30 on Friday. Harsco has a fifty-two week low of $11.40 and a fifty-two week high of $22.00. The firm has a market capitalization of $1,650.00, a P/E ratio of 253.75 and a beta of 2.68. The company has a current ratio of 1.25, a quick ratio of 0.87 and a debt-to-equity ratio of 2.63.

Harsco (NYSE:HSC) last announced its quarterly earnings data on Thursday, February 22nd. The industrial products company reported $0.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.06. Harsco had a return on equity of 30.82% and a net margin of 0.49%. The company had revenue of $455.00 million for the quarter, compared to analyst estimates of $432.50 million. During the same quarter last year, the firm earned $0.16 EPS. Harsco’s revenue for the quarter was up 26.4% compared to the same quarter last year. research analysts expect that Harsco will post 1.1 earnings per share for the current fiscal year.

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About Harsco

Harsco Corporation is a provider of industrial services and engineered products. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. The Harsco Metals & Minerals segment provides outsourced on-site services to the global metals industry, with the operations focused in the United States, the United Kingdom, France and Brazil.

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