McGraw Hill Financial (MHFI) Announces Quarterly Results
McGraw Hill Financial (NASDAQ:MHFI) announced its earnings results on Tuesday. The company reported $0.84 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.76 by $0.08, AmericanBankingNews.com reports. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.16 billion.
Shares of McGraw Hill Financial (NASDAQ:MHFI) opened at 69.79 on Tuesday. McGraw Hill Financial has a 52-week low of $42.07 and a 52-week high of $69.79. The stock has a 50-day moving average of $65.06 and a 200-day moving average of $58.39. The company has a market cap of $19.206 billion and a P/E ratio of 18.22.
A number of analysts have recently weighed in on MHFI shares. Analysts at Barclays reiterated a “buy” rating on shares of McGraw Hill Financial in a research note to investors on Tuesday, October 15th. They now have a $76.00 price target on the stock. On the ratings front, analysts at UBS AG raised their price target on shares of McGraw Hill Financial from $66.00 to $75.00 in a research note to investors on Tuesday, October 15th. Finally, 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. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $73.33.
McGraw Hill Financial, Inc, formerly The McGraw-Hill Companies, Inc, is a financial intelligence company.
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