Somewhat Positive Media Coverage Somewhat Unlikely to Affect Harsco Corporation (HSC) Stock Price

News headlines about Harsco Corporation (NYSE:HSC) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Harsco Corporation earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 45.8315287086153 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news articles that may have impacted Accern’s scoring:

Several research firms have recently weighed in on HSC. Zacks Investment Research downgraded shares of Harsco Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Argus raised shares of Harsco Corporation from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Friday, September 15th. Jefferies Group LLC reissued a “buy” rating and issued a $19.00 target price (up previously from $18.00) on shares of Harsco Corporation in a research report on Wednesday, August 9th. Lake Street Capital reissued a “buy” rating on shares of Harsco Corporation in a research report on Friday, August 4th. Finally, BidaskClub downgraded shares of Harsco Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. Harsco Corporation currently has a consensus rating of “Hold” and a consensus target price of $19.50.

Harsco Corporation (NYSE:HSC) traded down 0.70% on Monday, hitting $21.35. 189,844 shares of the stock traded hands. The firm’s market cap is $1.72 billion. The stock has a 50-day moving average of $19.84 and a 200-day moving average of $16.35. Harsco Corporation has a 12-month low of $9.05 and a 12-month high of $22.00.

Harsco Corporation (NYSE:HSC) last announced its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. Harsco Corporation had a negative net margin of 1.38% and a positive return on equity of 26.28%. The company had revenue of $394.89 million during the quarter, compared to analysts’ expectations of $384.40 million. During the same quarter in the prior year, the company posted $0.15 EPS. The business’s revenue was up 6.7% on a year-over-year basis. Analysts forecast that Harsco Corporation will post $0.64 earnings per share for the current year.

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Harsco Corporation Company Profile

Harsco Corporation is a provider of industrial services and engineered products. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. The Harsco Metals & Minerals segment provides outsourced on-site services to the global metals industry, with the operations focused in the United States, the United Kingdom, France and Brazil.

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