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

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

Several research firms have commented on HMH. Wall Street Zen downgraded shares of HMH from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Pickering Energy Partners began coverage on shares of HMH in a research report on Monday, April 27th. They issued an “outperform” rating on the stock. Piper Sandler began coverage on shares of HMH in a research note on Monday, April 27th. They set an “overweight” rating and a $32.00 price target on the stock. Evercore initiated coverage on shares of HMH in a report on Monday, April 27th. They issued an “outperform” rating and a $27.00 price objective for the company. Finally, Stifel Nicolaus assumed coverage on shares of HMH in a research note on Monday, April 27th. They issued a “buy” rating and a $27.00 price objective for the company.

HMH Stock Performance

Shares of HMH opened at $19.65 on Friday. The company has a fifty day moving average price of $20.45. HMH has a 1 year low of $16.32 and a 1 year high of $24.50.

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