Houlihan Lokey (HLI) Post Q1 Earnings Beat: A Buy or A Bye?

Since Houlihan Lokey, Inc. (HLI) reported its first-quarter fiscal 2025 results on Jul 30, 2024, after the closing bell, its shares had lost 3.1% through Aug 7. However, thanks to a 3.4% jump yesterday, the stock is now back at $149.08, which is only 2.6% lower than its 52-week high of $153.08. Over the year-to-date period, HLI shares have gained 24.4%, outperforming the S&P 500 Index's growth of 9.3% and the industry's decline of 3.7%. Given its strong performance, should you consider buying this outperfor ...