HMH Holding Inc (NASDAQ:HMH) Given Consensus Recommendation of “Moderate Buy” by Brokerages

HMH Holding Inc (NASDAQ:HMH) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $28.40.

A number of research firms have commented on HMH. Wall Street Zen cut shares of HMH from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Citigroup started coverage on shares of HMH in a report on Sunday, April 26th. They set a “buy” rating and a $30.00 price objective on the stock. Stifel Nicolaus assumed coverage on HMH in a research note on Monday, April 27th. They issued a “buy” rating and a $27.00 target price for the company. Pickering Energy Partners started coverage on HMH in a research report on Monday, April 27th. They issued an “outperform” rating for the company. Finally, JPMorgan Chase & Co. started coverage on HMH in a research note on Monday, April 27th. They set an “overweight” rating and a $26.00 price target on the stock.

HMH Stock Performance

Shares of HMH stock traded up $0.65 on Friday, reaching $19.80. 124,305 shares of the company’s stock were exchanged, compared to its average volume of 350,103. HMH has a 52 week low of $16.32 and a 52 week high of $24.50. The business has a 50-day moving average price of $20.64.

HMH (NASDAQ:HMH) last released its quarterly earnings data on Wednesday, May 6th. The company reported $17,240.00 earnings per share for the quarter. The company 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.