Houlihan Lokey Inc (NYSE: HLI) is 30.61% higher on its value in year-to-date trading and has touched a low of $94.67 and a high of $157.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HLI stock was last observed hovering at around $154.41 in the last trading session, with the day’s gains setting it 2.21%.
Currently trading at $156.62, the stock is 4.04% and 8.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 1.43% at the moment leaves the stock 21.41% off its SMA200. HLI registered 47.39% gain for a year compared to 6-month gain of 23.09%.
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The stock witnessed a 6.18% loss in the last 1 month and extending the period to 3 months gives it a 15.71%, and is 0.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.47% over the week and 1.99% over the month.
Houlihan Lokey Inc (HLI) has around 2610 employees, a market worth around $10.90B and $2.01B in sales. Current P/E ratio is 34.71 and Fwd P/E is 23.36. Profit margin for the company is 15.29%. Distance from 52-week low is 65.44% and -0.61% from its 52-week high. The company has generated returns on investments over the last 12 months (13.78%).
The EPS is expected to grow by 26.53% this year.
Houlihan Lokey Inc (HLI) Top Institutional Holders
552.0 institutions hold shares in Houlihan Lokey Inc (HLI), with institutional investors hold 105.14% of the company’s shares. The shares outstanding are 69.58M, and float is at 53.05M with Short Float at 1.71%. Institutions hold 105.00% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.15 million shares valued at $694.94 million. The investor’s holdings represent 8.0093% of the HLI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.0 million shares valued at $$673.96 million to account for 7.7675 of the shares outstanding. The other top investors are EARNEST PARTNERS LLC which holds 3.27 million shares representing 5.0885% and valued at over $441.51 million, while KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC holds 4.7995 of the shares totaling 3.09 million with a market value of $416.43 million.
Houlihan Lokey Inc (HLI) Insider Activity
The most recent transaction is an insider sale by Zucker Gillian Beth,the company’sDirector. SEC filings show that Zucker Gillian Beth sold 200 shares of the company’s common stock on Aug 20 ’24 at a price of $152.49 per share for a total of $30498.0. Following the sale, the insider now owns 7001.0 shares.
Still, SEC filings show that on Aug 16 ’24, BEISER SCOTT L (CO-CHAIRMAN) disposed off 8,317 shares at an average price of $151.89 for $1.26 million. The insider now directly holds 0 shares of Houlihan Lokey Inc (HLI).
