Houlihan Lokey Inc (NYSE: HLI): Think Like A Lender, Not An Investor

Houlihan Lokey Inc (NYSE:HLI) currently has a daily average trading volume of 330.42K but it saw 792353 shares traded in last market. With a market cap of 10.45B USD, the company’s current market price of $150.25 came rising about 1.07 while comparing to the previous closing price of $148.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $151.28 and as low as $94.67.

Taking a look at 20-day trading activity of Houlihan Lokey Inc (HLI) gives us an average price of $143.21, while its current price level is -0.68% below from 52-week high level whereas it is 58.71% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $136.81 while that of 200 days or SMA-200 reads an average of $123.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.32% during that period while stretching the period over a month that decreases to 2.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 67.09 which implies that the stock is in neutral territory.

Morgan Stanley upgraded its recommendation for the stock as a “Equal-Weight” from “Underweight” on July 18, 2022 while assigning a price target range of $95-$82. Piper Sandler issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $92 and $76.

Over the week, HLI’s stock price is moving 5.24% up while it is 11.01% when we observe its performance for the past one month. Year-to-date it is 25.30% up and over the past year, the stock is showing an upside performance of 50.48%.

Currently, Houlihan Lokey Inc’s total number of outstanding shares is 69.58M. Company’s return on investment (ROI) stands at 13.59% and return on equity (ROE) at 17.87%. It has a price to earnings ratio (P/E ratio) of 33.28 while having a 22.65 of forward P/E ratio. Stock’s beta reads 0.67. Stock has a price to book (P/B) ratio of 5.71 while price to sale or P/S ratio amounts to 5.19. Its return on asset (ROA) is 10.90% on average.