HMH Holding Inc (NASDAQ:HMH) Given Average Rating of “Buy” by Analysts

Shares of HMH Holding Inc (NASDAQ:HMH) have been assigned an average rating of “Buy” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $28.40.

Several brokerages recently issued reports on HMH. Pickering Energy Partners initiated coverage on HMH in a research report on Monday, April 27th. They set an “outperform” rating for the company. Piper Sandler began coverage on HMH in a report on Monday, April 27th. They set an “overweight” rating and a $32.00 target price on the stock. Citigroup started coverage on HMH in a research report on Sunday, April 26th. They set a “buy” rating and a $30.00 price target for the company. Evercore began coverage on HMH in a report on Monday, April 27th. They issued an “outperform” rating and a $27.00 price target for the company. Finally, Wall Street Zen downgraded HMH from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd.

HMH Stock Up 2.0%

NASDAQ:HMH opened at $20.62 on Thursday. The company’s 50-day simple moving average is $19.91. HMH has a twelve month low of $16.32 and a twelve month high of $24.50.

HMH (NASDAQ:HMH) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.19. The business had revenue of $170.82 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.