McGraw Hill Financial Inc. Reaches New 12-Month High at $67.89 (MHFI)
McGraw Hill Financial (NASDAQ:MHFI)’s share price reached a new 52-week high during trading on Thursday, Analyst Ratings Network reports. The stock traded as high as $67.89 and last traded at $67.56, with a volume of 786,973 shares traded. The stock had previously closed at $66.00.
A number of analysts have recently weighed in on MHFI shares. Analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of McGraw Hill Financial in a research note to investors on Wednesday, October 2nd. They now have a $75.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of McGraw Hill Financial from $66.00 to $76.00 in a research note to investors on Wednesday, October 2nd. They now have an “overweight” rating on the stock. Finally, analysts at Argus raised their price target on shares of McGraw Hill Financial from $64.00 to $75.00 in a research note to investors on Friday, September 20th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. McGraw Hill Financial has an average rating of “Buy” and an average target price of $71.83.
McGraw Hill Financial has a 1-year low of $42.07 and a 1-year high of $67.23. The stock’s 50-day moving average is $62.86 and its 200-day moving average is $57.39. The company has a market cap of $18.683 billion and a price-to-earnings ratio of 17.23.
McGraw Hill Financial (NASDAQ:MHFI) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.92 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.81 by $0.11. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the company posted $0.85 earnings per share. McGraw Hill Financial’s revenue was up 16.6% compared to the same quarter last year. On average, analysts predict that McGraw Hill Financial will post $3.28 earnings per share for the current fiscal year.
McGraw Hill Financial, Inc, formerly The McGraw-Hill Companies, Inc, is a financial intelligence company.
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