Home Sectors Basic Materials Recent Movement: Harsco Corporation (NYSE: HSC)

Recent Movement: Harsco Corporation (NYSE: HSC)

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Harsco Corporation trades as part of the basic materials sector and metals and mining industry. The company CEO is F. Nicholas Grasberger. Harsco Corp is a provider of industrial services and engineered products. The company has three reportable segment namely Harsco Metals and Minerals, Harsco Industrial and Harsco Rail.

Previous Intraday Trading Performance:

The HSC stock showed a previous change of -0.50% with an open at 22.12 and a close of 21.95. It reached an intraday high of 22.26 and a low of 21.78.

SeekingAlpha:  Harsco Corporation (HSC) CEO Nicholas Grasberger on Q4 2018 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $1.7b with 79.5m shares outstanding, of which the float is 78.0m shares. Trading volume reached 809,599 shares compared to its average volume of 593,991 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Harsco Corporation shares returned -1.13% and in the past 30 trading days it returned 3.54%. Over three months, it changed 0.14%. In one year it has changed 5.28% and within that year its 52-week high was 30.05 and its 52-week low was 18.87. HSC stock is 16.32% above its 52 Week Low.

Our calculations show a 200 day moving average of 24.41 and a 50 day moving average of 21.64. Currently HSC stock is trading -10.08% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Harsco Corporation (HSC) CEO Nicholas Grasberger on Q4 2018 Results – Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at 1.63 that ended on 31st of December 2018, which according to the previous close, that is a PE of 13.47. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.29. The TTM EPS is 1.31, which comes to a TTM PE of 16.76.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.33
09-30-2018:  0.40
06-30-2018:  0.36
03-31-2018:  0.22

Base on our calculations, the intrinsic value per share is 33.10, which means it is possibly undervalued and has a margin of safety of 33.69%

Indicators to Watch:

Based on the latest filings, there is 124.60% of institutional ownership. Short-interest is 3,887,105, which is 4.89% of shares outstanding. The short-interest ratio or days-to-cover ratio is 6.57. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 2.52

SeekingAlpha:  Griffon beats by $0.14, misses on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 63.54%, return on assets is 8.72%, profit margin is 8.54%, price-to-sales is 1.02 and price-to-book is 6.54.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 5  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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