HMH Holding Inc (NASDAQ:HMH) Receives $28.40 Average PT from Brokerages

HMH Holding Inc (NASDAQ:HMH) has received an average rating of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $28.40.

Several research firms recently weighed in on HMH. JPMorgan Chase & Co. assumed coverage on HMH in a research note on Monday, April 27th. They issued an “overweight” rating and a $26.00 price objective on the stock. Evercore began coverage on HMH in a research note on Monday, April 27th. They set an “outperform” rating and a $27.00 target price for the company. Citigroup initiated coverage on shares of HMH in a report on Sunday, April 26th. They issued a “buy” rating and a $30.00 target price for the company. Zacks Research downgraded shares of HMH from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 25th. Finally, Stifel Nicolaus began coverage on shares of HMH in a research report on Monday, April 27th. They issued a “buy” rating and a $27.00 target price on the stock.

HMH Price Performance

HMH opened at $19.94 on Friday. HMH has a twelve month low of $16.32 and a twelve month high of $24.50. The business’s 50-day moving average price is $20.57.

HMH (NASDAQ:HMH) last issued its earnings results on Wednesday, May 6th. The company reported $17,240.00 EPS for the quarter. The firm had revenue of $171.32 million during the quarter.

HMH Company Profile

Houghton Mifflin Harcourt (HMH) is an education and learning company that produces curricular content, instructional materials, assessment tools and digital learning platforms primarily for the K–12 market. The company develops and licenses print and digital resources designed to support classroom instruction, remote and blended learning, and student assessment across a range of subjects and grade levels.

HMH’s offerings include core and supplemental curricula, adaptive and online learning technologies, formative and summative assessments, and professional development services for educators.