Morgan Stanley lowered the price target for the Houlihan Lokey Inc. (NYSE:HLI) stock from “an Underweight” to “an Equal-weight”. The rating was released on July 18, 2022, according to finviz. We previously noted in another research note published on April 07, 2022 by Piper Sandler that downgraded the stock from a Neutral to an Underweight with a price target of $76 for HLI stock. The research report from Goldman has upgraded the stock from Neutral to Buy, with a price target set at $126. The stock was upgraded by UBS, who disclosed in a research note on January 04, 2022, from Neutral to Buy and set the price objective to $116. In their research brief published October 29, 2021, Keefe Bruyette analysts upgraded the Houlihan Lokey Inc. stock from Underperform to Mkt Perform with a price target of $110.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Houlihan Lokey Inc. (NYSE:HLI) dipped -2.01% to close Friday’s market session at $90.85, lower as compared to yesterday’s close. The stock price fluctuated between $90.48 and $92.295 throughout the trading session with the volume trading being 799958 shares, which represented a significant variation when compared to the three months average volume of 348.70K shares. The firm’s stock price fluctuated 3.50% within the last five trades and -6.12% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 13.25% in the last 6 months and -2.95% was subtracted to its value over the previous 3 months. HLI stock is trading at a margin of -2.83%, -4.42% and 3.96% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, HLI deals in the Financial domain. The stock is trading -11.24 percent below its 52-week high and 22.47 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -2.98. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Houlihan Lokey Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 19.00 percent and the profit margin is 14.10 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $6.40 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Houlihan Lokey Inc. (NYSE:HLI) is 24.10. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 16.50. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 3.49 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 3.74, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
GOLD IRWIN, the EXECUTIVE CHAIRMAN at Houlihan Lokey Inc. (HLI) has sold 5,000 shares of firm on Nov 25 at a price of $99.53 against the total amount of $0.5 million. In another inside trade, GOLD IRWIN, EXECUTIVE CHAIRMAN of Houlihan Lokey Inc. (NYSE:HLI) sold 9,185 shares of the firm on Nov 23 for a total worth of $0.91 million at a price of $98.58. An inside trade which took place on Nov 22, EXECUTIVE CHAIRMAN of Houlihan Lokey Inc. GOLD IRWIN sold 815 shares of firm against total price of $80294.0 at the cost of $98.52 per share.