Houlihan Lokey Inc (NYSE: HLI) has reported E.P.S. of $1.26 for its fourth fiscal quarter (ending March 31) versus $0.94 for the same period a year ago — an increase of 34%. This result exceeded the consensus estimate of $1.23 by $0.04. For the latest four quarters through March 31, E.P.S. were $4.36 versus $4.01 for the same period a year ago — an increase of 9%.
Recent Price Action
Houlihan Lokey Inc (NYSE: HLI) stock declined modestly by -1.0% on 5/8/24. The stock closed at $132.89. This decline was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months and has risen 4.2% during the last week.
Current PriceTarget Research Rating
HLI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Houlihan Lokey has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Houlihan Lokey has a slightly negative Appreciation Score of 31 but a good Power Rating of 84, and the High Neutral Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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