Harsco Corporation (NYSE:HSC) went up by 0.31% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Specialty Industrial Machinery giant went up by $12.89 to trade ended Thursday trading at $12.85. This is up from the $12.85 price recorded on Wednesday’s trading session. Thanks to this latest performance, HSC is closer to the higher price 52-week target of $26.00 and further from the lowest price target of $15.00. Its performance from the start of the year has also been negative, with HSC down by -43.98% year-to-date.
Harsco Corporation (HSC) started the day trading at $13.31 and recorded an intraday high of $13.59. It also recorded an intraday low of $12.84 during Thursday’s trading session. Harsco Corporation is a very active stock that recorded a trading volume that is less than -135.94% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 344415, which is less than -135.94 of the total average daily trading volume of 812.60K.
Harsco Corporation (NYSE:HSC) 2020 Performance Impressive
The increase in HSC’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of HSC currently stands at $27.36, which is higher than the current trading price of the stock by 52.89%. However, HSC’s current trading price is -207.64% lower than the 52-week low price of $4.19. In terms of trading volume, Harsco Corporation currently experienced healthy participation during the last trading session. 344415 shares of Harsco Corporation were traded on the stock exchange on Thursday, which is less than -135.94% of the 812.60K average trading volume of the stock.
The performance of the stock has been positive over the past year. HSC’s performance over the past one year has seen it plunge by -52.21%, while the stock has gone down by -44.96% in the last six months. The quarterly performance of HSC currently stands at 102.35%, and it is up by 4.04% in the last month. The only negative figure was from the weekly performance, which currently reads -1.53%. At the time of writing HSC’s report, the company has a total market cap of $1.05B, making it one of the largest publicly-traded companies in the world.Harsco Corporation also has over 10500 employees all over the world.
HSC Insider Activities
For Harsco Corporation, insiders hold 93.40% of all company shares. The insider transactions over the past six months are up by 43.70%. During that period, insiders bought 458,758 shares in 38 transactions. In that same period, insiders sold 216,995 of their shares in 28 transactions. After these transactions, insiders at Harsco Corporation now hold 1.34M shares, which is over 87.47% of the total company stocks. Institutional investors currently hold a large chunk of the HSC shares, as they control 1.70% of the company’s total stock.
HSC Fundamental Analysis
For Harsco Corporation, the stock’s diluted earnings per share (EPS) stands at 0.13. In the coming year, analysts expect the EPS to be 1.03. The stock’s EPS growth this year is -65.50%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, Harsco Corporation’s quarterly sales (YOY) is shrinking at -0.04, which is lower than the average annual revenue of 27.20% over the past half a decade.
The Return on Investment (ROI) on Harsco Corporation’s stock currently stands at 5.60%, and it has a net profit margin of 30.70%. The operating margin of the company is 5.60%, and its gross margin is 23.10%.
HSC Analysts Prediction
Another analyst that has a Buy rating for HSC is Lake Street, which set a price target of between $26 and $30.
Lake Street and Argus also believe that Harsco Corporation’s stock is outperforming at the moment. HSC received a positive rating from Jefferies, which set a price target of $16-$23 for the stock.
At the moment, Harsco Corporation’s Total Debt to Equity ratio stands at 1.12, and they have a long-term Debt to Equity ratio of 1.11.
HSC Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of HSC currently stands at -0.21%, while the SMA50 is 19.12%. The biggest one is the SMA200, which is currently reading -14.86% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 55.18, while its price to earnings ratio (P/E) is 100.70.