Houlihan Lokey (HLI) Scheduled to Post Earnings on Wednesday

Houlihan Lokey (NYSE:HLI) will release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Houlihan Lokey to post earnings of $1.20 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Houlihan Lokey Stock Performance

NYSE:HLI opened at $134.14 on Tuesday. Houlihan Lokey has a one year low of $85.37 and a one year high of $135.17. The firm has a market cap of $9.27 billion, a price-to-earnings ratio of 33.29 and a beta of 0.67. The firm’s fifty day moving average is $126.85 and its two-hundred day moving average is $119.23.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $127.00 price objective on shares of Houlihan Lokey in a report on Monday, January 29th. UBS Group boosted their price target on shares of Houlihan Lokey from $136.00 to $142.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Finally, JMP Securities restated a “market perform” rating on shares of Houlihan Lokey in a report on Tuesday, April 9th.

Insider Buying and Selling at Houlihan Lokey

In related news, General Counsel Christopher M. Crain sold 1,000 shares of the business’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $128.94, for a total value of $128,940.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 25.97% of the stock is owned by corporate insiders.

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.