What Will Happen to Harsco Corporation (HSC) Next? The Stock Just Increased A Lot

September 17, 2017 - By Henry Gaston

Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.18, from 0.92 in 2016Q3. It is positive, as 18 investors sold Harsco Corporation shares while 69 reduced holdings. 44 funds opened positions while 52 raised stakes. 64.60 million shares or 0.03% less from 64.62 million shares in 2016Q3 were reported.
Mason Street Advsr Ltd Liability invested in 0.01% or 17,520 shares. Moreover, Arizona State Retirement has 0.01% invested in Harsco Corporation (NYSE:HSC). Gotham Asset Mgmt Limited Liability Company owns 277,009 shares for 0.05% of their portfolio. Loews holds 11,845 shares. Bnp Paribas Arbitrage owns 24,689 shares or 0% of their US portfolio. Royal National Bank Of Canada holds 0% of its portfolio in Harsco Corporation (NYSE:HSC) for 87,261 shares. Cna Fincl reported 44,700 shares. Columbia Prtn L L C Investment Management owns 15,232 shares. Numeric Invsts accumulated 103,500 shares or 0.01% of the stock. Pnc Serv Grp Inc reported 77,655 shares. Rodgers Brothers holds 0.1% of its portfolio in Harsco Corporation (NYSE:HSC) for 18,877 shares. Ahl Prns Llp owns 22,718 shares or 0.01% of their US portfolio. Zacks Invest has invested 0.04% in Harsco Corporation (NYSE:HSC). Balyasny Asset Mngmt Ltd accumulated 125,638 shares. Eagle Boston Inv Mngmt invested in 65,324 shares or 0.11% of the stock.

Since May 11, 2017, it had 0 insider buys, and 1 sale for $101,241 activity.

The stock of Harsco Corporation (NYSE:HSC) is a huge mover today! The stock increased 4.91% or $0.88 on September 15, reaching $18.7. About 1.24M shares traded or 143.86% up from the average. Harsco Corporation (NYSE:HSC) has risen 133.61% since September 17, 2016 and is uptrending. It has outperformed by 116.91% the S&P500.
The move comes after 8 months positive chart setup for the $1.50 billion company. It was reported on Sep, 17 by Barchart.com. We have $19.64 PT which if reached, will make NYSE:HSC worth $75.00 million more.

Analysts await Harsco Corporation (NYSE:HSC) to report earnings on November, 2. They expect $0.16 earnings per share, up 14.29 % or $0.02 from last year’s $0.14 per share. HSC’s profit will be $12.83M for 29.22 P/E if the $0.16 EPS becomes a reality. After $0.22 actual earnings per share reported by Harsco Corporation for the previous quarter, Wall Street now forecasts -27.27 % negative EPS growth.

Harsco Corporation (NYSE:HSC) Ratings Coverage

Among 4 analysts covering Harsco Corporation (NYSE:HSC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Harsco Corporation had 8 analyst reports since August 17, 2015 according to SRatingsIntel. The company was upgraded on Monday, August 17 by KeyBanc Capital Markets. Jefferies maintained Harsco Corporation (NYSE:HSC) on Thursday, August 3 with “Buy” rating. The company was upgraded on Friday, September 15 by Argus Research. Lake Street initiated Harsco Corporation (NYSE:HSC) rating on Tuesday, September 13. Lake Street has “Buy” rating and $17 target. The stock of Harsco Corporation (NYSE:HSC) earned “Buy” rating by Jefferies on Thursday, June 15. The company was maintained on Wednesday, October 7 by KeyBanc Capital Markets.

More notable recent Harsco Corporation (NYSE:HSC) news were published by: Investorplace.com which released: “Trade of the Day: Harsco Corporation (NYSE:HSC)” on May 26, 2017, also Globenewswire.com with their article: “Harsco’s Rail Division Receives Multi-Unit UK Stoneblower Order” published on June 29, 2017, Globenewswire.com published: “Harsco’s Metals & Minerals Division Lands Global Slag Award” on June 06, 2017. More interesting news about Harsco Corporation (NYSE:HSC) were released by: Globenewswire.com and their article: “Harsco Secures Two Steel Mill Service Contracts in Latin America Totaling More …” published on September 05, 2017 as well as Streetinsider.com‘s news article titled: “Argus Upgrades Harsco Corporation (HSC) to Buy” with publication date: September 15, 2017.

Harsco Corporation is a provider of industrial services and engineered products. The company has market cap of $1.50 billion. The Firm operates in three divisions: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. It currently has negative earnings. The Harsco Metals & Minerals segment provides outsourced on-site services to the global metals industry, with the activities focused in the United States, the United Kingdom, France and Brazil.

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