Houghton Mifflin Harcourt (HMHC) Set to Announce Quarterly Earnings on Thursday

Houghton Mifflin Harcourt (NASDAQ:HMHC) will be issuing its quarterly earnings data before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of ($0.90) per share for the quarter.

Houghton Mifflin Harcourt (NASDAQ:HMHC) opened at $7.45 on Thursday. The company has a market capitalization of $912.66, a PE ratio of -3.53 and a beta of 0.45. Houghton Mifflin Harcourt has a twelve month low of $7.05 and a twelve month high of $13.95. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.94.

HMHC has been the topic of several recent research reports. Citigroup cut their target price on Houghton Mifflin Harcourt from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. BidaskClub downgraded Houghton Mifflin Harcourt from a “sell” rating to a “strong sell” rating in a report on Friday, January 19th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $14.00 target price on shares of Houghton Mifflin Harcourt in a report on Friday, November 3rd. Zacks Investment Research downgraded Houghton Mifflin Harcourt from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th. Finally, ValuEngine raised Houghton Mifflin Harcourt from a “strong sell” rating to a “sell” rating in a report on Saturday, November 4th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $12.29.

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About Houghton Mifflin Harcourt

Houghton Mifflin Harcourt Company (HMH) is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing. As of December 31, 2016, the Company delivered content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world.

Earnings History for Houghton Mifflin Harcourt (NASDAQ:HMHC)

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