Alert: Negative Investment/Fundamental Signals (3/14/24)-Harsco Corp (NYSE: HSC)

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Harsco Corp (NYSE: HSC). Extremely important negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.

Meaningful negative changes in Harsco Corp (NYSE: HSC) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, HSC is expected to be a modest Value Builder.

Harsco has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Harsco has a neutral Power Rating of 43 and a slightly negative Appreciation Score of 37, with the Negative Value Trend Rating the result.

Recent Price Action

Harsco Corp (NYSE: HSC) stock closed at $7.70 on 3/14/24 after a large decline of -6.0%. Trading volume in this decline was normal. The stock has declined -5.1% during the last week and has performed in line with the market over the last nine months.

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