Shaers of Houghton Mifflin Harcourt Company (NASDAQ:HMHC) have been recommended as a long term growth pick according to Beta Research. With the firm’s stock price currently trading around $9.15, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 21.30% earnings per share growth over the past 5 years and 1.20% revenue growth over that same time frame.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Houghton Mifflin Harcourt Company (NASDAQ:HMHC)’s stock was -1.61%. Over the last week of the month, it was 2.81%, -19.74% over the last quarter, and -23.75% for the past six months.
Over the past 50 days, Houghton Mifflin Harcourt Company’s stock is -15.67% off of the high and 13.66% removed from the low. Their 52-Week High and Low are as follows: -34.41% (High), 13.66%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $12.92 on the equity. Analysts have a consensus recommendation of 2.30 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.