Media headlines about Houlihan Lokey (NYSE:HLI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Houlihan Lokey earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.0824103565902 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
NYSE HLI opened at $44.63 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $2,928.98, a P/E ratio of 23.61, a PEG ratio of 1.01 and a beta of 0.57. Houlihan Lokey has a one year low of $32.72 and a one year high of $52.81.
Houlihan Lokey (NYSE:HLI) last issued its earnings results on Monday, January 29th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.08. The company had revenue of $258.90 million during the quarter, compared to analysts’ expectations of $240.98 million. Houlihan Lokey had a return on equity of 20.03% and a net margin of 17.25%. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.57 EPS. sell-side analysts forecast that Houlihan Lokey will post 2.31 earnings per share for the current year.
Several research firms recently commented on HLI. Zacks Investment Research downgraded Houlihan Lokey from a “hold” rating to a “sell” rating in a research note on Tuesday, April 17th. Buckingham Research began coverage on Houlihan Lokey in a research note on Thursday, April 5th. They issued a “buy” rating and a $54.00 price objective for the company. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $52.00 price objective on shares of Houlihan Lokey in a research note on Thursday, January 11th. Finally, Bank of America increased their price objective on Houlihan Lokey from $50.00 to $52.00 and gave the company a “neutral” rating in a research note on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $50.50.
In other Houlihan Lokey news, CEO Scott L. Beiser sold 14,434 shares of the company’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $46.75, for a total value of $674,789.50. Following the completion of the sale, the chief executive officer now directly owns 14,434 shares in the company, valued at approximately $674,789.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Scott Joseph Adelson sold 13,732 shares of the stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $46.75, for a total value of $641,971.00. Following the transaction, the insider now owns 13,732 shares of the company’s stock, valued at $641,971. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 76,042 shares of company stock valued at $3,554,964. 69.70% of the stock is owned by company insiders.
Houlihan Lokey Company Profile
Houlihan Lokey, Inc, an investment banking company, provides mergers and acquisitions (M&A), financings, financial restructurings, and financial advisory services in the United States, Canada, Europe, Asia, Australia, the Middle East, Latin America, and Africa. Its Corporate Finance segment offers general financial advisory services on M&A and capital markets offerings; advises public and private institutions on buy-side and sell-side transactions, leveraged loans, private mezzanine debt, high-yield debt, initial public offerings, follow-ons, convertibles, equity private placements, private equity, and liability management transactions; and advises financial sponsors on various transactions.
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