McGraw Hill Financial’s “Neutral” Rating Reaffirmed at Zacks (MHFI)
McGraw Hill Financial (NASDAQ:MHFI)‘s stock had its “neutral” rating reiterated by Zacks in a report released on Monday. They currently have a $82.50 price objective on the stock. Zacks‘s price objective suggests a potential upside of 5.03% from the company’s current price.
A number of other firms have also recently commented on MHFI. Analysts at Barclays reiterated an “overweight” rating on shares of McGraw Hill Financial in a research note on Monday, July 14th. They now have a $100.00 price target on the stock, up previously from $92.00. Separately, analysts at Raymond James downgraded shares of McGraw Hill Financial from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 9th. They now have a $84.00 price target on the stock. Finally, analysts at Argus raised their price target on shares of McGraw Hill Financial from $85.00 to $92.00 in a research note on Tuesday, June 24th. They now have a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. McGraw Hill Financial currently has an average rating of “Buy” and an average price target of $88.15.
McGraw Hill Financial (NASDAQ:MHFI) traded up 0.47% on Monday, hitting $78.92. 379,529 shares of the company’s stock traded hands. McGraw Hill Financial has a 52 week low of $58.23 and a 52 week high of $84.81. The stock’s 50-day moving average is $81.88 and its 200-day moving average is $79.24. The company has a market cap of $21.379 billion and a price-to-earnings ratio of 23.52.
McGraw Hill Financial (NASDAQ:MHFI) last announced its earnings results on Tuesday, July 29th. The company reported $1.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.98 by $0.08. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the company posted $0.92 earnings per share. McGraw Hill Financial’s revenue was up 7.7% compared to the same quarter last year. Analysts expect that McGraw Hill Financial will post $3.89 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 10th. Investors of record on Tuesday, August 26th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Friday, August 22nd.
McGraw Hill Financial, Inc is a financial intelligence company. The Company is engaged in credit ratings, benchmarks and analytics for the global capital and commodity markets.
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