Could Harsco Corporation (HSC) Rise Even More? The Stock Had Another Big Increase Today

September 17, 2017 - By reb123z

Investors sentiment increased to 1.1 in 2016 Q4. 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.
Tocqueville Asset L P has invested 0.21% in Harsco Corporation (NYSE:HSC). Tiaa Cref Mgmt Ltd Liability Co, New York-based fund reported 473,905 shares. Columbia Partners L L C Investment Mngmt holds 15,232 shares or 0.02% of its portfolio. First Trust Advsr L P invested in 30,769 shares or 0% of the stock. Rhumbline Advisers accumulated 126,634 shares. Panagora Asset Mngmt invested 0% in Harsco Corporation (NYSE:HSC). 448,409 were accumulated by Bancorporation Of America De. Whittier, a California-based fund reported 2,622 shares. 78 are owned by Peoples Fin Corp. Hutchin Hill Cap L P owns 109,300 shares or 0.05% of their US portfolio. Kcg holds 0.01% in Harsco Corporation (NYSE:HSC) or 18,384 shares. 129,600 were reported by Swiss Bank & Trust. State Common Retirement Fund reported 890,168 shares. Federated Inc Pa holds 0% or 46,196 shares. California Pub Employees Retirement System, California-based fund reported 498,653 shares.

Since May 11, 2017, it had 0 insider purchases, and 1 insider 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.

Investors wait Harsco Corporation (NYSE:HSC) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.16 earnings per share, up $0.02 or 14.29 % from last year’s $0.14 same quarter earnings. This translates into $12.83 million profit for HSC giving the stock a 29.22 P/E. This is assuming the current $0.16 EPS is accurate. Harsco Corporation’s Wall Street analysts see -27.27 % negative EPS growth, taking into account the $0.22 EPS reproted in the previous quarter,

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. On Monday, August 17 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. On Friday, September 15 the stock rating was upgraded by Argus Research to “Buy”. On Wednesday, October 7 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The firm earned “Buy” rating on Thursday, August 3 by Jefferies. The rating was maintained by Jefferies with “Buy” on Thursday, June 15. The company was initiated on Tuesday, September 13 by Lake Street.

More notable recent Harsco Corporation (NYSE:HSC) news were published by: Streetinsider.com which released: “Argus Upgrades Harsco Corporation (HSC) to Buy” on September 15, 2017, also Investorplace.com with their article: “Trade of the Day: Harsco Corporation (NYSE:HSC)” published on May 26, 2017, Globenewswire.com published: “Harsco’s Metals & Minerals Division Lands Global Slag Award” on June 06, 2017. More interesting news about Harsco Corporation (NYSE:HSC) were released by: Globenewswire.com and their article: “Harsco’s Rail Division Receives Multi-Unit UK Stoneblower Order” published on June 29, 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.

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