The stock of Harsco Corporation (NYSE:HSC) is a huge mover today! About 203,937 shares traded hands. Harsco Corporation (NYSE:HSC) has risen 100.21% since March 15, 2016 and is uptrending. It has outperformed by 94.72% the S&P500.
The move comes after 5 months positive chart setup for the $787.96M company. It was reported on Oct, 18 by Barchart.com. We have $16.63 PT which if reached, will make NYSE:HSC worth $535.81M more.
Analysts await Harsco Corporation (NYSE:HSC) to report earnings on November, 14. They expect $0.12 EPS, down 33.33% or $0.06 from last year’s $0.18 per share. HSC’s profit will be $9.55M for 20.63 P/E if the $0.12 EPS becomes a reality. After $0.15 actual EPS reported by Harsco Corporation for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.
Harsco Corporation (NYSE:HSC) Ratings Coverage
Out of 3 analysts covering Harsco Corporation (NYSE:HSC), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Harsco Corporation has been the topic of 5 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating given on Monday, August 17 by KeyBanc Capital Markets. The company was maintained on Wednesday, October 7 by KeyBanc Capital Markets. Lake Street initiated the shares of HSC in a report on Tuesday, September 13 with “Buy” rating.
Insitutional Activity: The institutional sentiment decreased to 1.12 in Q2 2016. Its down 0.07, from 1.19 in 2016Q1. The ratio worsened, as 22 funds sold all Harsco Corporation shares owned while 56 reduced positions. 26 funds bought stakes while 61 increased positions. They now own 63.72 million shares or 1.59% less from 64.74 million shares in 2016Q1.
Quantitative Systematic Strategies Llc accumulated 26,275 shares or 0.08% of the stock. Blackrock Advsr Limited Company holds 0% of its portfolio in Harsco Corporation (NYSE:HSC) for 38,870 shares. Pnc Financial Service Inc reported 82,657 shares or 0% of all its holdings. Price T Rowe Assocs Md, a Maryland-based fund reported 1.47M shares. Teachers Advsr owns 130,991 shares or 0% of their US portfolio. Old Mutual Customised Solutions (Proprietary) Limited has 0% invested in the company for 2,900 shares. Hanson & Doremus Invest Management holds 0.06% or 20,230 shares in its portfolio. Peak6 Ltd Partnership owns 8,452 shares or 0% of their US portfolio. Blackrock Gru, a United Kingdom-based fund reported 109,365 shares. Winslow Evans Crocker, a Massachusetts-based fund reported 50 shares. Bancorp Of America De has 0% invested in the company for 586,287 shares. Los Angeles Management And Equity Inc holds 277,491 shares or 0.02% of its portfolio. Blackrock Inc owns 27,796 shares or 0% of their US portfolio. Moreover, Deutsche State Bank Ag has 0% invested in Harsco Corporation (NYSE:HSC) for 245,450 shares. Management holds 0% of its portfolio in Harsco Corporation (NYSE:HSC) for 8 shares.
More notable recent Harsco Corporation (NYSE:HSC) news were published by: Fool.com which released: “Preliminary Results Send Harsco Corporation’s Stock Soaring” on July 14, 2016, also Fool.com with their article: “Here’s Why Harsco Corporation’s Stock is Getting Hammered Today” published on February 26, 2016, Streetinsider.com published: “Harsco Corporation (HSC) Sells Stake in Brand Energy & Infrastructure Services …” on September 15, 2016. More interesting news about Harsco Corporation (NYSE:HSC) were released by: Businesswire.com and their article: “Fitch Downgrades Harsco Corporation to ‘BB’; Outlook Negative” published on March 29, 2016 as well as Streetinsider.com‘s news article titled: “S&P Downgrades Harsco Corporation (HSC) to ‘BB-‘; Outlook Negative” with publication date: March 09, 2016.
Harsco Corporation is a provider of industrial services and engineered products serving global industries. The company has a market cap of $787.96 million. The Firm operates in three divisions: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. It currently has negative earnings. The Company’s Harsco Metals & Minerals segment is a well-known provider of on-site, outsourced services to the metals industries across the world.
HSC Company Profile
Harsco Corporation, incorporated on February 28, 1956, is a well-known provider of industrial services and engineered products serving global industries. The Firm operates in three divisions: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. The Company’s Harsco Metals & Minerals segment is a well-known provider of on-site, outsourced services to the metals industries across the world. Harsco Industrial segment includes the Harsco Industrial IKG, Harsco Industrial Air-X-Changers and Harsco Industrial Patterson-Kelley businesses. Harsco Rail segment is a well-known provider of equipment and services for the maintenance, repair and construction of railway track. The Company’s principal lines of business include outsourced, on-site services of material logistics and resource recovery for iron, steel and metals manufacturing; air-cooled heat exchangers; industrial grating products; heat transfer products, and railway track maintenance services and equipment.
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