Houlihan Lokey (HLI) Expected to Announce Earnings on Tuesday

Houlihan Lokey (NYSE:HLI) is projected to announce its earnings results before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $1.51 per share and revenue of $603,150.10 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Houlihan Lokey (NYSE:HLI) last released its earnings results on Wednesday, October 30th. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.15. Houlihan Lokey had a return on equity of 19.29% and a net margin of 15.77%. The firm had revenue of $574.96 million for the quarter, compared to analyst estimates of $537.93 million. During the same period in the previous year, the company earned $1.11 earnings per share. Houlihan Lokey’s revenue was up 23.1% compared to the same quarter last year. On average, analysts expect Houlihan Lokey to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Houlihan Lokey Trading Down 0.3 %

Shares of NYSE HLI opened at $186.08 on Monday. The firm has a 50-day moving average of $179.32 and a two-hundred day moving average of $166.00. The company has a market capitalization of $12.93 billion, a price-to-earnings ratio of 38.05 and a beta of 0.69. Houlihan Lokey has a twelve month low of $119.28 and a twelve month high of $192.10.

Houlihan Lokey Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Monday, December 2nd were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.23%. Houlihan Lokey’s dividend payout ratio (DPR) is presently 46.63%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HLI shares. Morgan Stanley lowered shares of Houlihan Lokey from an “equal weight” rating to an “underweight” rating and boosted their price target for the company from $171.00 to $200.00 in a report on Monday, December 9th. Wells Fargo & Company reduced their target price on Houlihan Lokey from $180.00 to $178.00 and set an “underweight” rating for the company in a report on Tuesday, January 14th. UBS Group raised their target price on Houlihan Lokey from $170.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Keefe, Bruyette & Woods dropped their price target on Houlihan Lokey from $172.00 to $170.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. Finally, StockNews.com lowered Houlihan Lokey from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $173.40.

Houlihan Lokey Company Profile

Houlihan Lokey, Inc, an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.