McGraw Hill, Inc. (MH) – What Are Investment Firms Saying About This Stock?

McGraw Hill, Inc. (NYSE:MH) has earned a consensus rating of “Moderate Buy” from the twelve ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $17.20.

Several equities research analysts have weighed in on MH shares. Needham & Company LLC restated a “buy” rating and set a $19.00 price target on shares of McGraw Hill in a report on Thursday, August 13th. Weiss Ratings cut McGraw Hill from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, October 8th. UBS Group boosted their price objective on McGraw Hill from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, August 14th. BMO Capital Markets boosted their price objective on McGraw Hill from $16.00 to $17.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Finally, Morgan Stanley cut their target price on shares of McGraw Hill from $18.00 to $16.00 and set an “overweight” rating on the stock in a research note on Friday, August 14th.

McGraw Hill Stock Down 2.0%

McGraw Hill stock opened at $13.92 on Friday. The firm has a market capitalization of $2.66 billion, a P/E ratio of 27.84 and a beta of -0.83. The company has a current ratio of 0.78, a quick ratio of 0.62 and a debt-to-equity ratio of 3.25. McGraw Hill has a twelve month low of $8.94 and a twelve month high of $18.00. The stock’s fifty day simple moving average is $13.04 and its 200-day simple moving average is $12.10.

McGraw Hill (NYSE:MH) last released its earnings results on Thursday, August 13th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.11. The firm had revenue of $549.90 million during the quarter. McGraw Hill had a return on equity of 62.57% and a net margin of 4.38%. The company’s revenue was up 2.7% compared to the same quarter last year. As a group, equities analysts expect that McGraw Hill will post 1.91 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in MH. State of Alaska Department of Revenue increased its position in shares of McGraw Hill by 74.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 21,399 shares of the company’s stock valued at $279,000 after purchasing an additional 9,122 shares during the last quarter. Corient Private Wealth LP acquired a new stake in shares of McGraw Hill in the 2nd quarter valued at $336,000. HighTower Advisors LLC purchased a new stake in shares of McGraw Hill during the 2nd quarter worth $212,000. AXQ Capital LP lifted its position in shares of McGraw Hill by 193.2% during the 2nd quarter. AXQ Capital LP now owns 42,737 shares of the company’s stock worth $405,000 after purchasing an additional 28,162 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in shares of McGraw Hill during the 2nd quarter worth $147,000.

McGraw Hill Company Profile

McGraw Hill is an education technology and publishing company that develops learning materials, digital platforms and assessment resources for students, educators and institutions. Its offerings cover K-12 education, higher education and professional learning, with products spanning subjects such as mathematics, science, business, health and the humanities.

The company provides print textbooks alongside digital courseware, adaptive learning tools, homework and assessment systems, and instructional resources designed to support classroom and online learning.