Houghton Mifflin Receives a Hold from BMO CapitalBy Jason Carr
According to TipRanks.com, Silber is a 5-star analyst with an average return of 12.2% and a 64.6% success rate. Silber covers the Services sector, focusing on stocks such as Education Management Corp., American Public Education, and Capella Education Company.
Houghton Mifflin has an analyst consensus of Strong Buy, with a price target consensus of $13.
The company has a one year high of $22.01 and a one year low of $9.15. Currently, Houghton Mifflin has an average volume of 817.1K.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2015, Anchorage Capital Group, L.L.C., a Major Shareholder at HMHC sold 1,327,886 shares for a total of $34,084,637.
Houghton Mifflin Harcourt Co. engages in the provision of pre-K-12 education solutions, delivering content, technology, services, and media. It operates through the Education and Trade Publishing segments. The Education segment provides educational content, services, and technology solutions. Its principal markets includes the K-12 school systems, which purchase core curriculum materials, intervention and supplemental materials, professional development and school turnaround services, and an array of highly regarded assessment products. The Trade Publishing segment develops, markets and sells consumer books in print and digital formats and licenses book rights to other publishers and electronic businesses. The company was founded in 1832 and is headquartered in Boston, MA.