Headlines about Houlihan Lokey (NYSE:HLI) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Houlihan Lokey earned a news impact score of 0.21 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.2810174427159 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s rankings:
- Houlihan Lokey (HLI) Passes Through 2% Yield Mark (thestreet.com)
- Icynene To Acquire Lapolla Industries For $1.03 Per Share In All Cash Transaction (finance.yahoo.com)
- Houlihan Lokey, Inc. (HLI) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- ETFs with exposure to Houlihan Lokey, Inc. : October 3, 2017 (finance.yahoo.com)
Shares of Houlihan Lokey (HLI) opened at 39.25 on Wednesday. The stock has a market cap of $2.63 billion, a P/E ratio of 20.35 and a beta of 0.36. Houlihan Lokey has a 12 month low of $23.19 and a 12 month high of $40.63. The company has a 50 day moving average price of $37.35 and a 200-day moving average price of $35.43.
Houlihan Lokey (NYSE:HLI) last issued its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. Houlihan Lokey had a net margin of 14.10% and a return on equity of 18.63%. The firm had revenue of $217.00 million during the quarter, compared to the consensus estimate of $203.21 million. During the same quarter in the previous year, the firm posted $0.35 EPS. The company’s revenue for the quarter was up 19.9% compared to the same quarter last year. On average, equities research analysts predict that Houlihan Lokey will post $2.02 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.04%. The ex-dividend date was Wednesday, August 30th. Houlihan Lokey’s dividend payout ratio is currently 41.67%.
HLI has been the topic of several recent research reports. Keefe, Bruyette & Woods restated a “buy” rating and set a $38.00 target price on shares of Houlihan Lokey in a research report on Wednesday, June 14th. Zacks Investment Research upgraded Houlihan Lokey from a “sell” rating to a “hold” rating in a research report on Monday, July 3rd. BidaskClub downgraded Houlihan Lokey from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. UBS AG restated a “buy” rating and set a $42.00 target price (up previously from $40.00) on shares of Houlihan Lokey in a research report on Wednesday, July 26th. Finally, TheStreet upgraded Houlihan Lokey from a “c” rating to a “b-” rating in a research report on Monday, August 14th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $39.83.
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In related news, major shareholder Orix Hlhz Holding Llc sold 686,760 shares of the company’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $36.26, for a total value of $24,901,917.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 69.70% of the company’s stock.
About Houlihan Lokey
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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