McGraw Hill, Inc. (NYSE:MH) Stock Has Consensus Price Target of $17.20

McGraw Hill, Inc. (NYSE:MH) has been assigned an average recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $17.20.

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of McGraw Hill from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 14th. JPMorgan Chase & Co. reduced their price target on shares of McGraw Hill from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Friday, June 12th. Deutsche Bank Aktiengesellschaft set a $16.00 price target on McGraw Hill in a report on Friday, June 12th. BMO Capital Markets upped their price objective on shares of McGraw Hill from $16.00 to $17.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Finally, UBS Group upped their target price on McGraw Hill from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, August 14th.

Institutional Trading of McGraw Hill

A number of large investors have recently added to or reduced their stakes in MH. Legal & General Group Plc bought a new position in shares of McGraw Hill in the second quarter valued at $25,000. PNC Financial Services Group Inc. acquired a new position in shares of McGraw Hill in the 1st quarter worth $68,000. NewEdge Advisors LLC acquired a new position in shares of McGraw Hill in the 1st quarter worth $84,000. Susquehanna International Group LLP acquired a new stake in shares of McGraw Hill during the second quarter worth $147,000. Finally, State of Wyoming purchased a new stake in shares of McGraw Hill during the second quarter valued at $154,000.

McGraw Hill Stock Down 0.8%

Shares of NYSE MH opened at $13.64 on Tuesday. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 27.27 and a beta of -0.85. McGraw Hill has a 1 year low of $8.94 and a 1 year high of $18.00. The company has a debt-to-equity ratio of 3.25, a quick ratio of 0.62 and a current ratio of 0.78. The stock’s 50-day simple moving average is $12.21 and its 200-day simple moving average is $12.15.

McGraw Hill (NYSE:MH) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.11. McGraw Hill had a return on equity of 62.57% and a net margin of 4.38%.The company had revenue of $549.90 million for the quarter. The business’s revenue was up 2.7% on a year-over-year basis. As a group, equities analysts anticipate that McGraw Hill will post 1.91 earnings per share for the current fiscal year.

McGraw Hill Company Profile

McGraw Hill is an education company that develops learning materials, digital courseware and assessment products for students, educators and institutions. Its offerings span higher education, K–12 schools, professional learning and international markets, with products designed to support instruction, curriculum planning, homework, testing and student progress tracking.

The company’s portfolio includes digital learning platforms, college textbooks, adaptive learning tools, online assignments, teacher resources and educational assessments.