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Harte-Hanks (HHS) Flat As Market Gains: What You Should Know
HHSHarte Hanks(HHS) ZACKS·2024-11-08 23:51

Company Performance - Harte-Hanks closed at 6.98, showing no change from the previous session, lagging behind the S&P 500's daily gain of 0.38% [1] - The company's shares experienced a loss of 5.55% over the previous month, underperforming the Business Services sector's gain of 11.43% and the S&P 500's gain of 4.9% [1] Upcoming Earnings - Harte-Hanks is set to disclose its earnings on November 14, 2024, with analysts expecting earnings of 0.10 per share, reflecting a year-over-year growth of 25% [2] - The consensus estimate for revenue is 47.2million,indicatinga0.1747.2 million, indicating a 0.17% growth compared to the same quarter of the previous year [2] Yearly Forecast - For the entire year, Zacks Consensus Estimates forecast earnings of -3.43 per share and revenue of $187.78 million, representing changes of -936.59% and -1.94% respectively compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Harte-Hanks are important as they reflect short-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [4] - Adjustments in estimates are directly associated with imminent stock price performance, which investors can leverage using the Zacks Rank [5] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown an impressive track record, with 1 stocks generating an average annual return of +25% since 1988 [6] - Currently, Harte-Hanks holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining stagnant over the past month [6] Industry Context - The Advertising and Marketing industry, part of the Business Services sector, has a Zacks Industry Rank of 151, placing it in the bottom 41% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]