$0.16 EPS Expected for Harsco Corporation (HSC)

October 23, 2017 – By Adrian Mccoy

Investors sentiment decreased to 1.1 in 2017 Q2. Its down 0.29, from 1.39 in 2017Q1. It dropped, as 18 investors sold Harsco Corporation shares while 70 reduced holdings. 34 funds opened positions while 63 raised stakes. 63.51 million shares or 3.07% less from 65.53 million shares in 2017Q1 were reported.
Millrace Asset Grp Inc reported 124,000 shares stake. Peak6 Investments Limited Partnership stated it has 18,242 shares or 0% of all its holdings. Adams Diversified Equity Fund reported 0.08% in Harsco Corporation (NYSE:HSC). Natl Bank Of Montreal Can reported 0% stake. Jane Street Group Ltd Liability Corp has invested 0% of its portfolio in Harsco Corporation (NYSE:HSC). Bluecrest Cap holds 0.06% of its portfolio in Harsco Corporation (NYSE:HSC) for 95,564 shares. Huntington Savings Bank holds 0% or 400 shares in its portfolio. Price T Rowe Associate Inc Md holds 178,989 shares. California Pub Employees Retirement owns 322,953 shares. 57,048 were accumulated by Eagle Boston Inv. Comerica Bank & Trust holds 0.01% of its portfolio in Harsco Corporation (NYSE:HSC) for 93,706 shares. Systematic Fincl Management Lp owns 116,890 shares. 6,801 were accumulated by Ameritas Investment. Gemmer Asset Mgmt Ltd Liability Corporation owns 506 shares for 0% of their portfolio. Chicago Equity Ltd holds 0.07% or 159,660 shares in its portfolio.

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

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 $12.86M giving the stock 33.44 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. The stock decreased 0.58% or $0.12 during the last trading session, reaching $21.4. About 338,395 shares traded. Harsco Corporation (NYSE:HSC) has risen 133.61% since October 24, 2016 and is uptrending. It has outperformed by 116.91% the S&P500.

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. The stock of Harsco Corporation (NYSE:HSC) has “Overweight” rating given on Wednesday, October 7 by KeyBanc Capital Markets. The firm has “Overweight” rating given on Monday, August 17 by KeyBanc Capital Markets. The company was maintained on Thursday, August 3 by Jefferies. Argus Research upgraded it to “Buy” rating and $21.0 target in Friday, September 15 report. The firm has “Buy” rating given on Tuesday, September 13 by Lake Street. The stock of Harsco Corporation (NYSE:HSC) has “Buy” rating given on Thursday, June 15 by Jefferies.

Harsco Corporation is a provider of industrial services and engineered products. The company has market cap of $1.72 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.

More notable recent Harsco Corporation (NYSE:HSC) news were published by: Investorplace.com which released: “Trade of the Day: Harsco Corporation (NYSE:HSC)” on May 26, 2017, also Globenewswire.com with their article: “Harsco’s Protran Technology Unit to Equip Washington, DC and Sacramento, CA …” published on September 19, 2017, Seekingalpha.com published: “Harsco +3% as Argus upgrades to Buy” on September 15, 2017. More interesting news about Harsco Corporation (NYSE:HSC) were released by: Globenewswire.com and their article: “Harsco Corporation Forms Joint Venture For Metal Recovery and Slag Sales …” published on May 10, 2017 as well as Globenewswire.com‘s news article titled: “Harsco’s Rail Division Receives New International Orders Totaling Close to $25 …” with publication date: September 27, 2017.