Houlihan Lokey (HLI) to Release Quarterly Earnings on Tuesday

Houlihan Lokey (NYSE:HLIGet Free Report) is expected to be releasing its earnings data before the market opens on Tuesday, January 28th. Analysts expect Houlihan Lokey to post earnings of $1.51 per share and revenue of $603,150.10 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Houlihan Lokey (NYSE:HLIGet Free Report) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, beating 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 company had revenue of $574.96 million for the quarter, compared to analyst estimates of $537.93 million. During the same quarter in the previous year, the company earned $1.11 earnings per share. The firm’s quarterly 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 Stock Down 0.3 %

HLI opened at $186.08 on Friday. Houlihan Lokey has a 52 week low of $119.28 and a 52 week high of $192.10. The business has a fifty day simple moving average of $179.32 and a 200-day simple moving average of $165.80. The firm has a market cap of $12.93 billion, a P/E ratio of 38.05 and a beta of 0.69.

Houlihan Lokey Announces Dividend

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

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Keefe, Bruyette & Woods reduced their price target on shares of 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. StockNews.com lowered shares of Houlihan Lokey from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Wells Fargo & Company decreased their price target on shares of Houlihan Lokey from $180.00 to $178.00 and set an “underweight” rating for the company in a research report on Tuesday, January 14th. Morgan Stanley lowered Houlihan Lokey from an “equal weight” rating to an “underweight” rating and upped their price objective for the stock from $171.00 to $200.00 in a research report on Monday, December 9th. Finally, UBS Group lifted their target price on Houlihan Lokey from $170.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Houlihan Lokey has an average rating of “Hold” and a consensus target price of $173.40.

View Our Latest Analysis on HLI

Houlihan Lokey Company Profile

(Get Free Report)

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.

See Also

Earnings History for Houlihan Lokey (NYSE:HLI)

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