Harsco (NYSE:HSC) Target Raised by Stifel Nicolaus to $20.00

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Harsco stock has undergone multiple analysts rating changes in the recent past.  Harsco stock Target Raised by   Stifel Nicolaus on 6/30/2020. In a note to investors, the firm issued a new target price of $20.00. The analysts previously had $16.00 target price. Stifel Nicolaus’s price target would indicate a potential upside of 52.09% from the stock’s previous close.

Shares of Harsco traded up $0.34 on Tuesday, reaching $13.49. 189633 shares of the stock traded hands, compared to its average volume of 812453. Shares of were trading at $13.49 on Tuesday. The firm’s 50 day moving average is $$10.71 and its 200 day moving average is $15.18.Harsco  has a 12 month low of $13.02 and a 12 month high of $27.97. While on yearly highs and lows, Harsco today has traded high as $13.60 and has touched $13.02 on the downward trend.

Harsco Earnings and What to expect: 

Harsco last posted its quarterly earnings data on May 8th, 2020. The industrial products company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.14. The business earned $398.80 million during the quarter, compared to the consensus estimate of $380.60 million. Its revenue for the quarter was up 20.9% on a year-over-year basis. Harsco has generated $0.90 earnings per share over the last year and currently has a price-to-earnings ratio of 2.3. Harsco has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, July 29th, 2020 based off prior year’s report dates.

Earnings for Harsco are expected to grow by 77.78% in the coming year, from $0.54 to $0.96 per share. The P/E ratio of Harsco is 2.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.26. The P/E ratio of Harsco is 2.26, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 22.17. Harsco has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 1.81%
  • On 5/15/2020 Director Edgar M Purvis Jr Buy 9,000 at average share price of $9.30 which equates to $83,700.00 in money value.
  • On 5/14/2020 SVP Tracey L Mckenzie Sell 41,179 at average price of  $8.31 with total value of : Not Data Available
  • On 5/13/2020 Director Carolann I Haznedar Buy 10,000 at average price of  $7.93 with total value of : $79,300.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Harsco

  • 6/16/2020 – Harsco had its price target raised by analysts at Barrington Research from $15.00 to $16.00. They now have an “outperform” rating on the stock.
  • 6/10/2020 – Harsco was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $16.00 price target on the stock.
  • 6/8/2020 – Harsco is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $16.00 price target on the stock.
  • 6/3/2020 – Harsco was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating.
  • See More Analyst Rating at: RATING

Other rating updates by Stifel Nicolaus: 

  • 6/30/2020 – Archer Daniels Midland had its price target lowered by analysts at Stifel Nicolaus from $48.00 to $47.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – Atlas Air Worldwide had its price target raised by analysts at Stifel Nicolaus from $50.00 to $51.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – Boston Properties had its price target lowered by analysts at Stifel Nicolaus from $115.00 to $110.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – IGM Biosciences had its price target raised by analysts at Stifel Nicolaus from $67.00 to $95.00. They now have a “buy” rating on the stock.
  • See More Analyst Rating at: RATING

Harsco (NYSE:HSC) Moving Average Technical Analysis

5 day Moving Average is $$12.98 And 5 day price change is $0.34 (2.60%)  with average volume for 5 day average is 768,828. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $12.89 and 20 day price change is $1.39 (11.57%) and average 20 day moving volume is 794,732. 50 day moving average is $10.71  and 50 day price change is $5.53 ( 70.27%)  and with average volume for 50 days is : 771,411. 200 day moving average is $15.18  and 200 day price change is -$7.21 (-34.98%)  and with average volume for 200 days is : 876,191.

See More Analyst Rating at: RATING