Houlihan Lokey Inc. (HLI): Analysis on simple moving average

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Houlihan Lokey Inc. (NYSE:HLI) changes shares on Thursday trading session, with a change of -2.17% or -$1.31 shares. The trading starts at $60.01 and closed at $60.30 throughout the day. The trading session low price was $58.87 and day high was $60.11 on Thursday, June 18. After the session, the Financial sector daily volume shifted to 0.33 million while its average volume is 550.84K. In other hand, the HLI market cap reached to $4.01B. While, its current target price is $58.99 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 3.47% and down -1.73% for month. Its quarterly performance was 20.19% above, while its half year performance is up 21.65%. HLI yearly performance stood at positive 29.73% and rise 20.71% for year-to-date. Current recommendation for Houlihan Lokey Inc. is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. HLI EPS (TTM) for 12-month is 2.80. EPS for this year is 14.80%, while for the next year its value is 3.70. Sales growth for the current quarter is 2.42 while its EPS Q/Q reached 26.20%. It has an EPS of 17.90% up for past five years and for the next five years will be up 8.70%.

Let’s take a look on the analyst recommendations on HLI for the current month and previous month. For the current month, 3 of 7 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 8 analysts participate in stock recommendation. Out of 8, 0 rated it sell, 4 rated it as Buy and 4 as Hold Ratings. On the other hand, target price ranges from $62.00-$66.00. Average target price for HLI was reached at $64.00.

Vanguard Group, Inc. (The), Blackrock Inc. and Kayne Anderson Rudnick Investment Management LLC are the top three holders in Houlihan Lokey Inc. (HLI) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 3.96 million shares which valued 206.35 million. On Mar 30, 2020, Blackrock Inc. owned 3.19 million shares which valued at 166.13 million. On Mar 30, 2020, Kayne Anderson Rudnick Investment Management LLC has a total of 2.35 million shares which valued at 122.57 million. In the end, Kayne Anderson Rudnick Investment Management LLC have 4.76% shares outstanding of Houlihan Lokey Inc. (HLI) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 96.80%.

The company posted an EPS (TTM) of 2.80. According to the most recent quarter report on (Jun 2020), 7 analysts estimated an average EPS of 0.58, while 0.67 EPS posted a year ago period. Analyst Estimated EPS for HLI published in the report was 0.46-0.72 during the same period. Comparing with last year, the average estimated EPS was 0.67 which is lower than 0.96 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for HLI rise 14.49% for period of 200 days. SMA for 50 days was 0.34% which is showing green signal, while SMA-20 was -0.98%. The moving average value for Houlihan Lokey Inc. (HLI) is 53.96 and 59.83 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in HLI stock. On Jun 17, BEISER SCOTT L, CHIEF EXECUTIVE OFFICER, sold 10,000 trading shares at the cost of $60.19, which valued at 0.6 million. On Mar 31, PREISER DAVID A, CO-PRESIDENT, sold 6,600 shares at the cost of $48.04, with total shares of 0. On Mar 31, Adelson Scott Joseph, CO-PRESIDENT, sold 17,545 shares at the cost of 48.04. After this transaction, Adelson Scott Joseph total shares reached to 0 which valued at 0.84 million.