Don’t Ignore the Clear Buy-In Signals: Harsco Corporation

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Harsco Corporation kicked off the trading day on 08/15/19 with a price increase of 7.38%, equivalent to $1.24 relative change for the day. Taking a more long-term approach, HSC had a 52-week range of $16.40 to $30.05. At the time of this article’s publishing, this stock is trading at $18.05 after starting the trading session at $17.16. Moving on, the stock has demonstrated a 52-week change amounting to 3.94, alongside an S&P500 52-Week Change of -2.53. At the time of writing, this stock’s 50-day Moving Average stands at $24.61, while the 200-day Moving Average of this stock is currently $23.37.

Currently, this company’s share volume is sitting at $2,992,092, but has maintained average daily volume of $717.68K. This stock has generated an average Year to Date volume of $629580, alongside an average 20-day volume of $1.36 million. This publicly-traded company’s shares outstanding now amounts to $84.51 million, simultaneously with a float of $79.06 million. The organization now has a market capitalization sitting at $1.53 billion.

Harsco Corporation(HSC) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Harsco Corporation’s current insider ownership accounts for 0.90%, in contrast to 87.80% institutional ownership. According to the most recent latest insider trade that took place on Aug 14 this organization’s Chairman, President and CEO bought 25,000 at the rate of 16.73, making the entire transaction hit 418,250 in total value, affecting insider ownership by 500,048. Preceding that transaction, on Aug 02 Company’s SVP and CFO bought 2,250 at a price of 21.08, making the whole transaction’s value amount to 47,430. This particular insider is now the holder of 123,252 in total.

If we take a glance at the Ownership summary of Harsco Corporation’s stock, 283 Institutional holders make up 87.28% of its total stock ownership. All together, they are the legal holders of 70,070,160 shares, which are valued at about $1,177,879,390 in total. If we focus on the top 3 stockholders for this publicly-traded organization, BLACKROCK INC. owns 11.59 million shares, with VANGUARD GROUP INC in 2nd place owning 10.62 million shares and STATE STREET CORP in third place with total ownership of 2.31 million shares.

Harsco Corporation (HSC) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Mar-19, the organization reported $0.29 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.23) by $0.06.

The corporation racked down revenue of $436.89million for the previous financial quarter, compared to the mean analyst estimate of $443.11 million. This company achieved a net margin of 6.43 while generating a return on equity of 40.30. Harsco Corporation’s full-quarter revenue increased by 9.62%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.

Harsco Corporation’s EPS increase for this current 12-month fiscal period is 113.60%, and is forecasted to reach 12.54% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the 20.20% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Harsco Corporation, this organization’s Quick Ratio in the last reported quarter now stands at 1.20. The company has managed to achieve an average true range (ATR) of 1.15. Alongside those, its PE Ratio stands at $21.26, and its Beta score is 2.22.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.98 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 4.83, whereas its price to cash per share for the last quarter landed at 1.26.

In the same vein, HSC’s Diluted EPS (Earnings per Share) trailing twelve month was posted at 0.85, a figure that is expected to reach 0.38 in the next reported quarter, and analysts expect it will be 12.54% at the market close of one year from today’s date.