ValuEngine upgraded shares of Harte Hanks (NYSE:HHS) from a strong sell rating to a sell rating in a report published on Tuesday morning.

Several other research analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Harte Hanks from a hold rating to a strong sell rating in a report on Tuesday, August 14th. Noble Financial set a $15.00 target price on shares of Harte Hanks and gave the stock a buy rating in a report on Thursday, August 9th.

Shares of Harte Hanks stock opened at $8.50 on Tuesday. Harte Hanks has a 52-week low of $6.76 and a 52-week high of $12.16. The company has a market capitalization of $52.46 million, a PE ratio of 16.81 and a beta of 0.78.

Harte Hanks (NYSE:HHS) last issued its earnings results on Wednesday, August 8th. The business services provider reported ($1.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.63) by ($0.47). Harte Hanks had a negative return on equity of 33.47% and a negative net margin of 1.72%. The firm had revenue of $69.63 million during the quarter, compared to the consensus estimate of $79.50 million. research analysts forecast that Harte Hanks will post -0.53 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of HHS. Renaissance Technologies LLC lifted its stake in Harte Hanks by 12.5% in the second quarter. Renaissance Technologies LLC now owns 208,472 shares of the business services provider’s stock worth $2,314,000 after acquiring an additional 23,232 shares during the period. Eidelman Virant Capital purchased a new stake in Harte Hanks in the second quarter worth $2,305,000. Finally, Geode Capital Management LLC lifted its stake in Harte Hanks by 100.0% in the fourth quarter. Geode Capital Management LLC now owns 506,770 shares of the business services provider’s stock worth $480,000 after acquiring an additional 253,385 shares during the period. Hedge funds and other institutional investors own 34.85% of the company’s stock.

Harte Hanks Company Profile

Harte Hanks, Inc provides various multi-channel marketing services in the United States and internationally. The company provides agency and digital services, including search engine management, display, digital analytics, Website development and design, digital strategy, social media, email, e-commerce, and interactive relationship management services; and database marketing and business-to-business lead generation solutions that offer insight and analytics, customer data integration, and marketing communications tools.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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