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.

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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.

A number of brokerages have issued reports on HLI. Zacks Investment Research upgraded shares of Houlihan Lokey from a “hold” rating to a “strong-buy” rating and set a $52.00 target price for the company in a research report on Monday, December 25th. Bank of America lifted their target price on shares of Houlihan Lokey from $50.00 to $52.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 30th. Buckingham Research began coverage on shares of Houlihan Lokey in a research report on Thursday, April 5th. They set a “buy” rating and a $54.00 target price for the company. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $52.00 target price on shares of Houlihan Lokey in a research report on Thursday, January 11th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $50.50.

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.

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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.

Insider Buying and Selling by Quarter for Houlihan Lokey (NYSE:HLI)

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