Headlines about Houlihan Lokey (NYSE:HLI) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Houlihan Lokey earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.797883792052 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern’s rankings:
- Houlihan Lokey Adds Seasoned Banker To Oil, Gas Group (oilandgasinvestor.com)
- Shoemaker Rockport explores options including sale: sources (reuters.com)
- Houlihan Lokey Adds Seasoned Banker to Its Oil & Gas Group (finance.yahoo.com)
- ETFs with exposure to Houlihan Lokey, Inc. : December 13, 2017 (finance.yahoo.com)
- Houlihan Lokey, Inc. :HLI-US: Earnings Analysis: Q2, 2018 By the Numbers : December 12, 2017 (finance.yahoo.com)
Houlihan Lokey (NYSE HLI) traded up $0.55 during trading on Friday, hitting $46.02. The company had a trading volume of 606,503 shares, compared to its average volume of 188,007. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market cap of $3,030.00 and a P/E ratio of 20.48. Houlihan Lokey has a 52 week low of $29.51 and a 52 week high of $46.30.
Houlihan Lokey (NYSE:HLI) last posted its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.15. The company had revenue of $242.20 million for the quarter, compared to the consensus estimate of $207.72 million. Houlihan Lokey had a return on equity of 19.71% and a net margin of 14.58%. The firm’s quarterly revenue was up 29.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 EPS. research analysts predict that Houlihan Lokey will post 2.1 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Monday, December 4th were paid a $0.20 dividend. The ex-dividend date was Friday, December 1st. This represents a $0.80 annualized dividend and a dividend yield of 1.74%. Houlihan Lokey’s payout ratio is currently 37.91%.
HLI has been the topic of a number of research analyst reports. BidaskClub upgraded Houlihan Lokey from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Keefe, Bruyette & Woods restated a “buy” rating on shares of Houlihan Lokey in a research note on Tuesday, October 3rd. Zacks Investment Research downgraded Houlihan Lokey from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 14th. J P Morgan Chase & Co started coverage on Houlihan Lokey in a research note on Tuesday, September 12th. They issued an “overweight” rating and a $42.00 price target on the stock. Finally, UBS upped their price target on Houlihan Lokey from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $42.33.
In related news, insider J Lindsey Alley sold 973 shares of the company’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $41.63, for a total value of $40,505.99. Following the transaction, the insider now directly owns 973 shares of the company’s stock, valued at approximately $40,505.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Scott L. Beiser sold 63,688 shares of the company’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $41.63, for a total value of $2,651,331.44. Following the completion of the transaction, the chief executive officer now directly owns 78,108 shares in the company, valued at $3,251,636.04. The disclosure for this sale can be found here. Insiders sold a total of 2,120,627 shares of company stock worth $88,281,702 in the last 90 days. 69.70% of the stock is currently owned by company insiders.
Houlihan Lokey Company Profile
Houlihan Lokey, Inc is a global independent investment bank that focuses on mergers and acquisitions (M&A), capital markets, financial restructuring, valuation, and strategic consulting. The Company operates through four segments: Corporate Finance, Financial Restructuring, Financial Advisory Services and Strategic Consulting.
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