Houlihan Lokey Inc (NYSE: HLI) has reported earnings for its first fiscal quarter (ending June 30) of $1.37 versus $0.96 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $4.77 versus $3.85 for the same period a year ago.
Recent Price Action
Houlihan Lokey Inc (NYSE: HLI) stock rose modestly by 0.6% on 7/30/24. The stock closed at $148.66. Moreover, trading volume in this advance was unusually high at 170% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.3% 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 (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Houlihan Lokey has a poor Appreciation Score of 25 but a very high Power Rating of 85, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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