Houlihan Lokey (HLI) Receiving Somewhat Favorable News Coverage, Report Shows
Headlines about Houlihan Lokey (NYSE:HLI) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies positive and negative media 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 nearest to one being the most favorable. Houlihan Lokey earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 43.5400964344517 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
NYSE:HLI opened at $44.93 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $2,934.91, a PE ratio of 23.77, a PEG ratio of 1.02 and a beta of 0.57. Houlihan Lokey has a 1-year low of $32.08 and a 1-year high of $52.81.
Houlihan Lokey (NYSE:HLI) last posted its quarterly earnings data on Monday, January 29th. The financial services provider reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.08. The business had revenue of $258.90 million during the quarter, compared to analyst estimates of $240.98 million. Houlihan Lokey had a net margin of 17.25% and a return on equity of 20.03%. The company’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 earnings per share. research analysts anticipate that Houlihan Lokey will post 2.31 earnings per share for the current fiscal year.
In other news, CFO J Lindsey Alley sold 22,549 shares of the business’s stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of $46.75, for a total value of $1,054,165.75. Following the completion of the transaction, the chief financial officer now owns 22,549 shares of the company’s stock, valued at $1,054,165.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Scott Joseph Adelson sold 13,732 shares of the business’s stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of $46.75, for a total transaction of $641,971.00. Following the completion of the transaction, the insider now directly owns 13,732 shares of the company’s stock, valued at approximately $641,971. The disclosure for this sale can be found here. In the last three months, insiders sold 76,042 shares of company stock valued at $3,554,964. Company insiders own 69.70% of the company’s stock.
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.
Receive News & Ratings for Houlihan Lokey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Houlihan Lokey and related companies with MarketBeat.com's FREE daily email newsletter.