Harsco Corporation (HSC) on Focus After Raising In Today’s Session

September 17, 2017 - By Peter Erickson

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.18, from 0.92 in 2016Q3. It is positive, as 18 investors sold Harsco Corporation shares while 69 reduced holdings. 44 funds opened positions while 52 raised stakes. 64.60 million shares or 0.03% less from 64.62 million shares in 2016Q3 were reported.
Pacad accumulated 12,100 shares or 0.02% of the stock. Creative Planning reported 0% in Harsco Corporation (NYSE:HSC). Boston Advsrs Ltd Liability Corp stated it has 0.16% in Harsco Corporation (NYSE:HSC). Adirondack Trust invested in 0.01% or 1,000 shares. Comerica Commercial Bank, a Michigan-based fund reported 85,582 shares. Moreover, California Pub Employees Retirement Systems has 0.01% invested in Harsco Corporation (NYSE:HSC) for 498,653 shares. State Board Of Administration Of Florida Retirement System holds 0% or 69,921 shares. 3,100 are owned by Riverhead Capital Management Limited. Asset Incorporated holds 0.01% in Harsco Corporation (NYSE:HSC) or 34,098 shares. Connor Clark & Lunn Invest Mgmt Ltd, British Columbia – Canada-based fund reported 470,096 shares. Connable Office holds 10,695 shares. New York-based Goldman Sachs Grp Incorporated has invested 0% in Harsco Corporation (NYSE:HSC). Parametric Portfolio Limited Liability Corp stated it has 0.01% of its portfolio in Harsco Corporation (NYSE:HSC). Hbk Limited Partnership holds 270,300 shares. Ngam Advsrs Lp has invested 0.01% in Harsco Corporation (NYSE:HSC).

Since May 11, 2017, it had 0 buys, and 1 sale for $101,241 activity.

The stock of Harsco Corporation (NYSE:HSC) is a huge mover today! The stock increased 4.91% or $0.88 on September 15, reaching $18.7. About 1.24 million shares traded or 143.86% up from the average. Harsco Corporation (NYSE:HSC) has risen 133.61% since September 17, 2016 and is uptrending. It has outperformed by 116.91% the S&P500.
The move comes after 8 months positive chart setup for the $1.50 billion company. It was reported on Sep, 17 by Barchart.com. We have $19.64 PT which if reached, will make NYSE:HSC worth $75.00 million more.

Wall Street await Harsco Corporation (NYSE:HSC) to release earnings on November, 2. Analysts forecast earnings per share of $0.16, up exactly $0.02 or 14.29 % from 2014’s $0.14 EPS. The expected HSC’s profit could reach $12.83M giving the stock 29.22 P/E in the case that $0.16 earnings per share is reported. After posting $0.22 EPS for the previous quarter, Harsco Corporation’s analysts now forecast -27.27 % negative EPS growth.

Harsco Corporation (NYSE:HSC) Ratings Coverage

Among 4 analysts covering Harsco Corporation (NYSE:HSC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Harsco Corporation had 8 analyst reports since August 17, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of HSC in report on Wednesday, October 7 with “Overweight” rating. The firm has “Buy” rating given on Thursday, August 3 by Jefferies. Lake Street initiated the stock with “Buy” rating in Tuesday, September 13 report. The rating was upgraded by Argus Research to “Buy” on Friday, September 15. KeyBanc Capital Markets upgraded the shares of HSC in report on Monday, August 17 to “Overweight” rating. The firm earned “Buy” rating on Thursday, June 15 by Jefferies.

More notable recent Harsco Corporation (NYSE:HSC) news were published by: Globenewswire.com which released: “Harsco’s Metals & Minerals Division Lands Global Slag Award” on June 06, 2017, also Globenewswire.com with their article: “Harsco’s Rail Division Receives Multi-Unit UK Stoneblower Order” published on June 29, 2017, Investorplace.com published: “Trade of the Day: Harsco Corporation (NYSE:HSC)” on May 26, 2017. More interesting news about Harsco Corporation (NYSE:HSC) were released by: Streetinsider.com and their article: “Argus Upgrades Harsco Corporation (HSC) to Buy” published on September 15, 2017 as well as Globenewswire.com‘s news article titled: “Harsco Secures Two Steel Mill Service Contracts in Latin America Totaling More …” with publication date: September 05, 2017.

Harsco Corporation is a provider of industrial services and engineered products. The company has market cap of $1.50 billion. The Firm operates in three divisions: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. It currently has negative earnings. The Harsco Metals & Minerals segment provides outsourced on-site services to the global metals industry, with the activities focused in the United States, the United Kingdom, France and Brazil.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.